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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.

Why PCAs are a Valuable Tool for Investors and Lenders

A Property Condition Assessment is used by lenders and investors to help determine the risk associated with an asset.

A closer look at the new ASTM E2018-15 Standard Guide for Property Condition Assessments

ASTM has updated it A2018-15 Standard Guide for Property Condition Assessments. What were the key changes?

Due Diligence in the Purchase and Sale of a Hotel Property

In the transaction for the sale or purchase of a hotel, both the seller and buyer will usually have divergent due diligence concerns.  The buyer typically wants full disclosure and broad representations and warranties from the seller while the seller wants to limit its risks, convey the property “as is” and make only limited representations…

Happiness as a Strategy for a Better Workplace (2 Comments)

Entry by JoeDerhake Entry If we work harder, we become more successful, and then we’ll be happier…. Right? Not so, says Shawn Anchor in a fantastic TED talk I watched the other day (you should watch it too.)  He argues the formula should be flipped around:  First, you must raise positivity and feel good about…

Happiness as a Strategy for a Better Workplace (1 Comment)

Entry by JoeDerhake Entry If we work harder, we become more successful, and then we’ll be happier…. Right? Not so, says Shawn Anchor in a fantastic TED talk I watched the other day (you should watch it too.)  He argues the formula should be flipped around:  First, you must raise positivity and feel good about…

The Value of Designing to the Budget

Because construction projects can be risky it is difficult to determine the cost upfront, which means that cost estimates frequently exceed budgets.  Changing construction plans to fit within budget can have consequences, but the need for the new or renovated building may be such that the owner understands the risk of cutting corners in the…

How Climate Change Poses Risks for Banks and Insurers

In 2010 the Securities and Exchange Commission passed a rule requiring publicly traded companies to report their corporate risks from climate change. CERES, a non-profit organization that tracks this disclosure prepared a report cited in a 2014 Wall Street Journal article that concluded that climate-related disclosures by S&P 500 companies are terse, provide little discussion…

March 2015 Events

Start            End              Conference                              Location 1 5 ICBA National Convention Orlando, FL 2 4 CLRM Roundtable Phoenix, AZ 3 3 CREJ: Multifamily Owners and Managers Conference and Expo Englewood, CO 3…