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Phase 1

Partner Spring Webinars

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 sh... Read More »

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 due diligence reports are Phase I Environmenta... Read More »

Radon Affects Real Estate Deals

Being that Colorado is an area with a high radon propensity, it is important to know how radon can impact a real estate transaction.  Sellers, lenders, and developers need to be aware of the risks of radon and how it can impact their commercial real estate deal.   Radon testing can be completed to assess whether a particular building has elevated levels and radon mitigation, if necessary, can ofte... Read More »

Cliff Notes from CMBA State of the State

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 Director, and Director of Global Investment Re... Read More »

SBA SOP 5010 5 (E)- NAICS Codes for Environmentally Sensitive Industries

An Old Persian Proverb teaches that “One pound of learning requires ten pounds of common sense to apply it.”  By applying this lesson when reading through Appendix 4 of the current SBA SOP 5010 5 (E) the NAICS Codes of Environmentally Sensitive Industries, lenders can save their borrowers time and money. I’ve had many lenders contact me with an order for a Phase I Environmental Site Assessment sol... Read More »

New Video on Phase I ESAs!

Video on Phase I ESAs. Read More »

Fannie Mae Form 4262

Fannie Mae has come out with an update to Form 4262.  Some of the changes that are now included is a seperate worksheet to “Insert Brochures or Documents.” To view the the worksheet go to Partner Engineering and Science’s Fannie Mae page. Read More »

Understanding SBA SOP 5010 5 (C)

Since the latest revision to SBA’s SOP 5010 5 (C), that came out in October 2010, I have been asked some reoccurring questions in regards to the Environmental Requirements on 504 and 7a loans. One of those reoccurring questions is when there is a NAICS Codes match does it mean that I will have to have a Phase I AAI Compliant ESA?  The answer to this is a definitive YES, and NO! Take a look at SOP ... Read More »

Phase 1 Environmental Site Assessments – A Comprehensive Overview

A comprehensive overview of Phase I ESAs, their use and purpose, and the various types of Phase 1s required by different entities. Read More »

Quality Control / Quality Assurance – Phase I Environmental Site Assessments

Phase I ESA QA/QC - how/when do things slip through the cracks? Read More »

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