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 is its own form of Stengelese... Read More »
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 »
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 »
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 the early to m... Read More »
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 expense in the form of re-grading, corrective action or in som... Read More »
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 non-professional... Read More »
To what extent should a Property Condition Assessment focus on ADA Compliance? In our practice, some clients want a robust ADA Compliance Audit and other clients are happy with a brief paragraph discussing the building’s compliance on a general level. The purpose of this blog is to make clients aware of the ADA options that can be included in a Property Condition Assessment (PCA). Most... Read More »
