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.
June 06, 2025
In March 2025, the Federal Housing Finance Agency (FHFA) rescinded its 2022 directive that had imposed standardized radon testing requirements on all multifamily properties financed through Fannie Mae and Freddie Mac. The new radon policy was effective immediately; however, the agency guidance documents would be updated at a later date.
June 02, 2025
Matthew Marcus, Managing Director at Partner Engineering and Science Inc., was recently featured as a guest speaker by The Ground Investigation Podcast. He shares his extensive experience in geotechnical engineering, seismic resilience, and project management.
May 30, 2025
In today’s economic landscape, commercial real estate owners must use every tool available to protect the value of their facilities. One such tool that is often overlooked or mismanaged during a real estate acquisition is the existing roof warranty. Transferring an existing warranty ensures that your roof remains covered under manufacturer protections, preventing the risk of unexpected repair costs.
