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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.

PCBs – A Question of Due Diligence

The use of polychlorinated biphenyls (PCBs) was widespread before 1977, and the health risks associated with PCBs are well known. PCBs have been widely studied, analyzed, regulated, and managed since the Toxic Substances Control Act (TSCA) was passed in 1976. Over the nearly four decades since 1977, PCBs have been found in a wide variety…

New Jersey’s Right to Know-What You Need to Know!

The New Jersey Department of Health recently announced a new online system for submitting your annual Right to Know Survey. Partner’s on-staff expert, Brian Maitland, CSP, CET, CPSI, looks at how to best navigate this new system.

California Case Upholds Bona Fide Prospective Purchaser Defense

Entry by JoeDerhake A number of recent court cases have highlighted certain ambiguities that exist around how and when the Bona Fide Prospective Purchaser (BFPP) defense applies.  The BFPP defense provides protection for liability under CERCLA to eligible property buyers who have knowledge of existing contamination if they take “appropriate care” to address the contamination. In this…

Ten Takeaways from EBA June 2014 (2 Comments)

Entry by JoeDerhake Entry The Environmental Bankers Association’s June meeting in Seattle just wrapped up last week.  EBA continued its 20th anniversary celebration with great content as always and lively discussion on how our industry and EBA are changing and moving forward.   Here are 10 takeaway points:   1)      Vapor Intrusion Regulatory Drivers:  Richard…

Ten Takeaways from EBA June 2014 (1 Comment)

Entry by JoeDerhake Entry The Environmental Bankers Association’s June meeting in Seattle just wrapped up last week.  EBA continued its 20th anniversary celebration with great content as always and lively discussion on how our industry and EBA are changing and moving forward.   Here are 10 takeaway points:   1)      Vapor Intrusion Regulatory Drivers:  Richard…

Ten Takeaways from EBA June 2014

Entry by JoeDerhake Entry The Environmental Bankers Association’s June meeting in Seattle just wrapped up last week.  EBA continued its 20th anniversary celebration with great content as always and lively discussion on how our industry and EBA are changing and moving forward.   Here are 10 takeaway points:   1)      Vapor Intrusion Regulatory Drivers:  Richard…

What actually happens in a Vapor Intrusion Assessment?

Entry by JoeDerhake Entry There is a lot of conversation about vapor intrusion (VI) going around the real estate community including buyers, sellers and lenders.  Vapor Intrusion issues can have serious impacts on human health and on property values and as such is a significant concern to parties involved in a real estate transaction.  I’ve…

Assessing the Assessor – What Makes a Quality Phase I ESA?

What are the key pillars of the Phase I ESA process that determine the quality of the report? Jason Bates discusses important things to look out for when selecting your environmental consultant.

Due Diligence Changes in the Multifamily World

The multifamily lending world is changing.  Both Fannie Mae and Freddie Mac have made some significant adjustments to their lending requirements so now is a good time for borrowers to reassess the best financing source for their multifamily investment.  I recently wrote a blog on Active Rain summarizing Freddie and Fannie’s changes, which explains the new…