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.
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.
Under ASTM E1527-13, file reviews are a much more pertinent part of Phase I Environmental Site Assessments (ESA) to accurately identify the potential for Recognized Environmental Conditions (REC) and assess business environmental risk associated with a property.
The primary goal for a Phase I Environmental Site Assessment (ESA) is to identify recognized environmental conditions (REC) on a parcel of real estate within the scope of Comprehensive Environmental Response, Compensation and Liability Act (CERCLA). This is only one requirement to satisfy the Landowner Liability Protections (LLPs); however, it will also present information in…
This year’s bi-annual summer Environmental Bankers Association (EBA) meeting was held in San Francisco earlier this week. As expected, we covered many interesting topics of particular concern to the environmental professional and lending communities. Lawyer-Speak The kick off panel for the EBA San Francisco conference consisted of four lawyers covering trends in banking, business and…
Partner Engineering and Science, Inc. is pleased to launch our spring webinar series. This series offers new and updated webinars that discuss commercial real estate trends, standards updates and changes as they affect the commercial real estate industry. Registration for all webinars is at no cost to industry professionals. Webinar Topics Include: The Essentials of Seismic Risk…
Commercial Real Estate Due Diligence Underwriters, analysts, and loan officers who want to deepen their knowledge of Commercial Real Estate Due Diligence are well served to learn a little about each type of third party report that is needed to underwrite a commercial real estate transaction. Five of the most commonly required commercial real estate…
It’s been a full month since this year’s MBA CREF conference and time to look back at the conference happenings. During the 2013 MBA CREF conference that took place from February 2 through February 6, the California Mortgage Bankers Association (CMBA) presented their State of the State breakfast. This year, Mary K. Ludgin, Ph.D., Managing…
The benefits of green building and energy efficiency are real and increasingly want to be realized by commercial real estate investors and tenants alike. Partner Engineering and Science, Inc.’s green retrofit of their new company headquarters in Los Angeles provided Partner with firsthand experience in realizing those benefits. By undertaking this project, Partner is now…
Last week’s RealShare Apartments conference in Los Angeles was the place to be for multifamily investors, lenders and brokers. With almost 2,000 attendees, this was one of the best turnouts ever. Enthusiasm continues to be high for multifamily properties, despite signs of a returning single-family housing market. For example, while rent hikes could drive some…
Environmental and engineering due diligence in relation to real estate transactions often poses questions about how, when and why. As an industry leader in providing assessments, Partner had taken to task to also be industry leaders in educating the real estate industry on the When of ordering a report, the Whys, the Hows, and the…
