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Environmental Due Diligence | SBA Real Estate Finance

Summary of the SBA’s SOP Environmental Policy Revisions in SBA SOP 50 10 5 (C)

Posted on September 12, 2010 by Gary Reynolds

The SBA published their latest update their environmental policy in SOP 50 10 5 (C). The SOP revisions take effect on October 1st, 2010 we should all bone up on a few of the new elements of SOP 5010 5 (C) (pages 199 – 206 & 310 – 317). One now technical, but important point,…

Freddie Mac Environmental and Engineering Best Practices

Posted on August 25, 2010 by Erika Petty

On Monday, Freddie Mac released guidance on best practices for engineering and environmental reports. The guidance notes common report issues, advises methods for selecting the best consultants and evaluating environmental and engineering consultant reports, and notes specific responsibilities. Common errors noted include failure to follow requirements of the Freddie Mac Multifamily Seller/Servicer Guide such as…

Property Condition Report, What is Included?

Posted on June 30, 2010 by Joe Derhake PE

Property Condition Report What is included in a Property Condition Report (PCR)? The short answer is that the Property Condition Report evaluates all improvements. Most Property Condition Reports done for lenders are done within the scope and limitation of the ASTM Standard E2018. My firm, Partner Engineering and Science, typically defines the scope as follows: Conduct…

TCE by Another Name would Smell as Putrid

Posted on April 10, 2010 by Joe Derhake PE

Entry by JoeDerhake Entry When doing a Phase I ESA, we all know that significant on site use of TCE, PCE, or vinyl chloride amount to a recognized environmental condition. But will we recognize these chemicals if they are called by an obscure brand name? For example, Petzinol is a branded solvent that contains a…

TRIENCE (noun) – pertaining to and the study of the ENVIRONMENT, ENGINEERING AND ENERGY as they pertain to facility management

Posted on January 5, 2010 by kitzke

TRIENCE (noun) – pertaining to and the study of the ENVIRONMENT, ENGINEERING AND ENERGY as they pertain to facility management. Is Trience really a word? Do people really study these things? Are they teaching Trience in high school labs and college lecture halls? Is Trience part of the newly enacted federal government regulations developed to…

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