Published with GlobeSt.com
Decision-making in any business is complex, but so many variables can affect a commercial real estate development that deeper insights into all facets of risk are needed.
To better understand how the industry copes with construction risks, Partner Engineering and Science, Inc. and GlobeSt.com continue efforts to identify and evaluate the concerns of industry participants with this latest in-depth survey, focusing on current market trends and risk management policies and practices in the commercial real estate industry. In this survey, we asked two key groups, lenders and developers/investors, to evaluate the current state of Construction risk management practices and how those practices affect the current business environment. We also wanted to learn more about survey respondents’ experience with failed construction loans and projects, and the factors contributing to the failures.
The responses suggest that while the industry’s prospects appear to be im-
proving over the near term, the financial crisis of 2007-2008—and its lessons
about prudent underwriting and deal selection—is still very much in the minds of market participants as they evaluate credit and construction risk of their deals.
March 13, 2025
The hospitality sector is enjoying renewed interest from investors, with more deals in the pipeline, increased refinancings, and improved transaction volume. While the industry still faces challenges, optimism prevails for modest growth over the next year.
March 11, 2025
What are grandfathered uses, also known as legal nonconforming uses and what do you do? Partner’s experts, Alexis Whipple, and Sara Ehrentreu outline practical scenarios and explain the options that you can take in this article.
March 06, 2025
Beyond the immediate damage caused by flames, residual damage caused by smoke and soot can leave lingering effects requiring thorough restoration and clean-up of your commercial or residential property. Understanding the smoke damage cleanup process and knowing what to expect can help commercial and residential property owners navigate this challenging time more effectively.
