Partner’s Technical Director – Structural Engineering, Joshua Marrow, PE and Principal, Jenny Redlin, REA presented an informative webinar today regarding the Essentials of Seismic Risk Assessments. This hour long presentation covered many important topics such as; Why do we perform Seismic Risk Assessments? Who are Seismic Risk Assessment Users? Why a Seismic Risk Assessment is Pruden... Read More »
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 Assessments Why ... Read More »
Engineering due diligence is an important part of the property transaction process. Like environmental due diligence, there are a variety of engineering due diligence products to assist in evaluating an asset. Engineering due diligence can provide a wealth of knowledge about the physical condition of a property. During a Property Condition Assessment, the building systems are evaluated for short a... Read More »
We hope this video will help inform the commercial real estate industry about the purpose of a PCA, the PCA process, and the value of the Property Condition Report (PCR). Read More »
Bundle or "one call" due diligence (ESA, PCR and ALTA) provides simplicity for commercial real estate buyers Read More »
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, is that the Reliance Letter has had a revision and the Reliance Letter from SOP 5010 5 (B) will no longer be a... Read More »
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/Servi... Read More »
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 a thorough walk-thr... Read More »
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 lot of TCE and this may slip by a field inspector. Beware of the following common name... Read More »
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 stimulate economic growth? The answer to three ... Read More »
