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You are here: Home » News » ASTM Updates in REFI

August 30, 2016

ASTM Updates in REFI

By Bill Tryon

Bill Tryon has published an article on the recent updates to ASTM E2026-16a and E2557-16a in the latest edition of Real Estate Finance and Investment. In it, he discusses how the ASTM changes—as well as new mandatory retrofit ordinances and a recent determination by the USGS that man-made earthquakes pose a significant risk—have significantly changed today’s seismic risk landscape. How can commercial real estate owners, investors, lenders and operators ensure they are adequately managing seismic risk? Read the full article on the Real Estate Finance and Investment website.

About the Authors

Bill Tryon

Bill Tryon

Chief Strategy Officer
With over 30 years in the industry, Bill Tryon has developed risk management policies and procedures for one of the world’s top real estate lenders and has participated with government agencies to refine policies and requirements. He has developed a reputation for risk-based problem solving and excellence. As Chief of Construction and Environmental Services for a major real estate lender, he pioneered standards for the evaluation of environmental liabilities, property conditions, seismic and mold assessment activities. Many of his innovations and refinements have become common practice in the industry. He continues to influence due diligence practices as a member of the Environmental Banker’s Association, Co-Chair of the ASTM committee developing standards governing Property Condition Assessment, participation in additional ASTM committees, and Executive Director of the Construction Lender’s Risk Management Roundtable. As Partner’s Chief Strategy Officer, Mr. Tryon monitors industry trends and works with clients and the industry to develop policies and practices in response to emerging issues.

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