Watch the video recording of this webinar here.
On January 29th 2016, HUD published revisions to its Multifamily Accelerated process (MAP) Guide. Specifically, the changes impact the underwriting requirements relating to environmental, energy, accessibility, radon, and reserve analysis studies that must be performed during the due diligence stage. The revisions aim to provide more loan dollars for qualified properties through less stringent coverage requirements and higher underwritten loan to value ratios. Borrowers will also be able to include more repairs in a mortgage under section 223(f) due to an increase in the maximum per unit cost of rehabilitation allowed.
Moderated by Bradley Fountain, Director of FHA HUD Services at Partner, a panel of HUD due diligence experts including Joseph R. Lephew, LEED GA, Angelique Crews, and energy sustainability expert Tony Liou, will provide an overview of the changes, and their boots on the ground perspective on the impact on HUD opportunities. This webinar will dig into the following changes to due diligence requirements that every HUD lender and borrower should be aware of:
October 16, 2024
Partner Engineering and Science, Inc. is pleased to announce the addition of Offira Gabbay as Senior Project Manager within the Environmental Compliance team based in Partner Engineering and Science Inc.'s New York City office. With over 16 years of experience in real estate due diligence and environmental compliance, She brings a wealth of knowledge and expertise to the firm.
October 15, 2024
Data centers are in high demand by many industries, including agriculture, banking, inventory, defense, mining, and healthcare. However, the data center conversion process can be challenging due to the complex infrastructure requirements of data centers. Click to learn more.
October 10, 2024
On September 28, 2024, California’s Governor approved Bill AB2579. Passed by the Assembly and Senate, AB2579 will extend the deadline for the initial California Senate Bill SB721 balcony inspection to January 1, 2026. This extension helps owners and operators who are struggling to complete inspections on time.
