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April 12, 2016

Answering a Few Questions about LA’s Seismic Retrofit Ordinances

By Partner ESI

Seismic Retrofit Ordinances Are Now In Effect In San Francisco and Los Angeles

Although seismic retrofit ordinances are now fully in effect in San Francisco and Los Angeles, many property owners and lenders still have questions about the applicability and impact of these new rules. The recent LA Seismic Retrofit Resource Fair attracted a huge crowd, and San Francisco’s Earthquake Safety Implementation Program (ESIP) will be hosting another fair on April 18th to provide further resources and technical assistance to owners, lenders, brokers, and investors who may be impacted by the ordinance.

Partner also recently hosted a webinar about the LA Seismic Retrofit Ordinance to help those affected address new requirements as efficiently as possible. The webinar clarified specifics of the ordinance, various compliance options, and available financing mechanisms, and can now be watched on demand free of charge via our website. During the webinar, we received several great questions, which readers may find helpful.

Continue reading the GlobeSt blog here.

About the Authors

Partner ESI

Partner ESI

Founded in 2007, Partner Engineering and Science Inc., is the leading provider of engineering, environmental, energy, and construction consulting for the commercial real estate (CRE) industry. Touching 1 in 5 CRE transactions in the U.S., Partner is widely recognized as the largest and best provider of third-party physical due diligence reports, including Phase I Environmental Site Assessments, Property Condition Assessments, Seismic Risk Assessments, Zoning Reports, ALTA Land Title Surveys, and Construction Risk Management. Partner’s connectedness to the CRE market gives it an unparalleled view into CRE trends and risk management insights. Partner also provides a full suite of consulting services to support the entire real estate lifecycle, including: Geotechnical Consulting; Building Systems Consulting; Capital Management and Project Implementation Support; Environmental Health & Safety Consulting; Energy, Sustainability & Resilience Consulting; and Site Civil Engineering. With a responsive approach scaled for speed and agility, Partner helps clients manage risk, make smart investments, optimize asset performance, and win at their real estate investment strategies. Based in Torrance, Calif., Partner has over 1,400 employees in 40 offices around the globe.

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