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IRA GROSSMAN DISCUSSES THE OCC’S UPDATED COMMERCIAL REAL ESTATE HANDBOOK’S ADVISORY TO BANKS DEALING WITH CONTAMINATED PROPERTIES Environmental contamination can threaten loan repayment. The presence of contamination will affect the value of […]

ASTM HAS JUST PUBLISHED THE REVISED E1528 STANDARD FOR TRANSACTION SCREEN ASSESSMENTS ASTM E1528-14, the revised Standard Practice for Limited Environmental Due Diligence: Transaction Screen Process, was approved and became effective […]

IRA GROSSMAN OFFERS INSIGHT ON HAZARDOUS MATERIALS MANAGEMENT AND DEALING WITH ENVIRONMENTAL ISSUES Industrial properties have the highest level of environmental risk in commercial real estate, except for maybe pharmaceutical […]

WITH FANNIE MAE’S NEW MULTIFAMILY GUIDE IN ITS FIRST WEEK OF IMPLEMENTATION… …the new seismic risk requirements are raising some questions. The final new Fannie Mae Multifamily Selling and Servicing […]

ENERGY DISCLOSURE IS PROVING TO BE CRITICAL TO REAL ESTATE TRANSACTIONS AS FAILURE TO COMPLY WITH AB1103 AB 1103—California’s energy disclosure law which requires commercial building owners to benchmark and […]

HUD’S NEW RAD PROGRAM OFFERS EXCITING OPPORTUNITIES TO IMPROVE THE STATE OF THE US AFFORDABLE HOUSING STOCK. The U.S. Department of Housing and Urban Development’s (HUD) mission has always been […]

FANNIE MAE’S NEW MULTIFAMILY GUIDELINES FOR UNDERWRITING AND DUE DILIGENCE… …are less than a week from implementation, and additional revisions were just released on January 27th. As the industry readies […]

CHANGES TO FANNIE MAE’S MULTIFAMILY GUIDE ARE AROUND THE CORNER – NOW IS THE TIME TO GET PREPARED. It’s a new year and time for a new Fannie Mae Physical Needs […]

AFTER A NUMBER OF DELAYS, COMPLIANCE WITH AB 1103 IS REQUIRED FROM JANUARY 1, 2014. AB 1103 has finally been passed and is now officially in effect! Following a number of […]