AJ Nosek combines his business background with technical knowledge and experience for managing lender due diligence services with real estate lending clients including SBA, community, regional, and national lenders. He also serves a variety of developers, attorneys, mortgage brokers, CDCs, individual property owners, and municipal clients in physical condition risk assessment. He concentrates on lender policy development, property condition concerns including environmental assessments, construction monitoring, physical condition assessments, appraisal compliance, and lender risk associated with any property type throughout the U.S. and Canada. He has extensive experience with commercial appraisal interagency guideline compliance including review, evaluation, and policy development. The appraisal review services provide qualified, independent, compliant solutions for lending clients, meeting interagency guidelines.

Mr. Nosek is passionate about learning client needs and providing competitive, compliant solutions. He manages the execution of policy consulting and development, all levels of environmental assessments and construction/physical condition assessments, in support of commercial real estate transactions. He and his team apply solutions suitable to the client’s intended purpose, expectation, and risk exposure in any transaction. The appraisal review and valuation solutions provide qualified, independent, compliant solutions for lending clients, meeting interagency guidelines.

Environmental services include desktop RSRA (Record Search with Risk Assessment), Transaction Screen ESAs, Phase I ESAs and customized client formats; and if necessary, followed-up with Phase II subsurface investigations and Remedial Cost Estimates. Asbestos, lead-based paint, lead in water, radon and mold testing are added to the environmental scope when requested or required. Industrial Hygiene, Remediation, and Abatement services are also available.

Mr. Nosek’s team also provides construction services including ALTA surveys, Zoning Reports, Contractor Vetting/Review, Document and Cost Reviews, Construction Progress Monitoring Inspections, Funds Control and Disbursement services, and Completion Commitments to lender and owner clients to better manage construction cost, quality, and schedule risks. Physical condition services include PCR, custom scope updates, and portfolio inspections.

Mr. Nosek’s team provides policy consulting/review services including construction, environmental, and appraisal compliance are provided and include Appraisal Reviews, Evaluations, Transaction Screen Reviews, Phase I Reviews, Phase II scope development, Phase II Reviews, PCA Reviews, Portfolio Inspections, and External Bidding Procedures.

Solutions

For lending clients, Mr. Nosek has developed outsourced risk programs for environmental, construction and appraisal compliance from basic reviews to full outsourced programs. This includes policy development, scope of work development, vendor vetting, external bidding/award administration, final report review, and continuous updates per regulatory changes.