The Commercial Real Estate Informational Portal

Welcome to CRE-Expert.com

Welcome to the Commercial Real Estate Expert Blog! A host of industry leading real estate professionals, lawyers, and consultants providing the latest in real estate relevant news and advice.

Environmental Due Diligence

Phase I Environmental Site Assessment Risk Decisions

Posted on by Joe Derhake PE

Entry by JoeDerhake Entry When doing Phase I Environmental Site Assessments, sometimes the facts are on the border between a recognized environmental condition and an environmental issue.   This blog is my latest in a series of borderline decisions.   Here is the scenario: the Phase I ESA finds a classic REC on site.  Let’s say we…

Read More →
Environmental Due Diligence

No substitute for experience when it comes to HUD Project Capital Needs Assessments

Posted on by fromeo

Due to market conditions, the last few years have seen an increase in HUD/FHA loans.  In turn, the need for HUD due diligence reports has increased.  Consultants who have specialized in this area in the past have a backlog of work for several weeks, and in some cases, months.  As the law of supply and…

Read More →
Environmental Due Diligence

Environmental Professionals as Required by ASTM E1527 (8 Comments)

Posted on by Joe Derhake PE

Entry by JoeDerhake Entry There has been much discussion about the creation of a national environmental professional registration system and having a new ASTM Standard to require that a ‘Registered’ Environmental Professional conduct a Phase I Environmental Site Assessment (ESA). I support such a requirement, as Environmental Professionals too often have to compete with either…

Read More →
Environmental Due Diligence

Selection of a Phase I Environmental Site Assessment Vendor In North Carolina

Posted on by Amy Rudegeair

When ordering a Phase I Environmental Site Assessment in North Carolina, careful consideration should be given the credentials of the firm and their experience with similar property types. Partner Engineering and Science has been involved in more than 5,000 environmental site assessments in North Carolina covering a wide range of property types.

Read More →
Environmental Due Diligence

Managing Environmental Liability During Bankruptcy

Posted on by Lawrence Schnapf

Corporations and their creditors must understand the law to manage environmental liabilities during bankruptcy.  This blog is a brief exert from the bankruptcy chapter of my book titled Managing Environmental Liability – Business Transaction and Brownfield Redevelopment.            The bankruptcy cases of Chrysler and General Motors are examples of the growing trend toward “fast-track restructuring”…

Read More →
Real Estate

The Key to Successful Real Estate Public Relations

Posted on by Bruce Beck

Communication is a powerful and positive marketing tool in real estate public relations. However, the mere act of communicating does not necessarily mean messages will be understood. Take for example the sage words of famed baseball manager Casey Stengel who addressing his team said, “Now all you fellows line up alphabetically by height.” Ineffective communication…

Read More →
Commercial Real Estate Finance | Construction | Environmental Due Diligence

The Importance of Erosion Control Inspections During Collateral Analysis

Posted on by Amy Rudegeair

In order to quantify potential liabilities, it is important to make sure that erosion/stormwater inspections are completed as part of the collateral analysis process.

Read More →
Commercial Real Estate Finance | Environmental Due Diligence | Site Surveys (ALTA)

Real Estate Secured Lending – Gas Stations

Posted on by Amy Rudegeair

Typically, when a lender is considering a real estate secured loan collateralized by a gas station, the environmental risk associated with the real estate can be a major factor in the lending decision.

Read More →
Building Experts | Environmental Due Diligence

Chinese Drywall, A Quick Summary

Posted on by kitzke

I participated in a conference call a few weeks ago sponsored by the Environmental Bankers Association (EBA) that discussed “Chinese Drywall”.  An attorney and a consultant both provided presentations and their perspective on the issues and how they are dealing with it.  A quick summary: Chinese drywall was generally used in the southeast U.S. after the hurricanes/storms in…

Read More →
Construction | Site Surveys (ALTA)

Erosion Control for Construction Sites

Posted on by fromeo

When a construction project stops or delays, the developer and/or the lender is wise to take proactive steps to prevent erosion.   Once a site is cleared, graded, or any earthwork is completed, the site is more susceptible to erosion.  A pro active approach to maintaining the site and grading conditions is necessary to prevent added…

Read More →