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Archives / 2011 / August

Property Condition Reports, a Comprehensive Overview

Joe Derhake, PE August 11, 2011 Building Experts, Commercial Real Estate Finance, Energy, Fannie Mae, Freddie Mac/Fannie Mae, Multi-Family

The Property Condition Report is a due diligence tool that helps buyers and lenders of real estate to understand the condition of the asset they are buying.   The most important section of the Property Condition Report is the Immediate Repairs table and the Replacement Reserves Table, where we express to the report user the capital spending that needs to happen in the near term and long term res... Read More »

EDR ScoreKeeper – 2011 Trends in Phase I Environmental Site Assessments

Erika Petty August 1, 2011 Environmental Due Diligence 0

I noticed in EDR ScoreKeeper’s Q1 2011 and Q2 2011 report that big consulting firms are growing at a larger rate than small firms.  Apparently lenders and real estate investors are increasingly choosing larger firms for their Phase I Environmental Site Assessments.   I spoke with two national lenders who said that they were trying to narrow their list and cutting the mom and pops in favor of ... Read More »