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July 28, 2011

Life Companies Give New Life to Construction Lending

By Partner ESI

The Construction Industry Seems to Be Returning – or at Least Has a Pulse

The construction industry seems to be returning – or at least has a pulse. We at Partner have noticed a steady uptick in our construction risk management services, indicating that construction lending appears to be on the rise nationally. Over the last two quarters, we have seen demand double for construction lending services. The industry certainly isn’t getting worse: “Delinquent construction and development loans fell by $4 billion (6.9%) to $53.8 billion,” reported CoStar on June 29, 2011,’s LESS DISTRESS: CRE Taking Less of Toll on Nations’ Banks.

Continue reading the GlobeSt blog here.

About the Authors

Partner ESI

Partner ESI

Founded in 2007, Partner Engineering and Science Inc., is the leading provider of engineering, environmental, energy, and construction consulting for the commercial real estate (CRE) industry. Touching 1 in 5 CRE transactions in the U.S., Partner is widely recognized as the largest and best provider of third-party physical due diligence reports, including Phase I Environmental Site Assessments, Property Condition Assessments, Seismic Risk Assessments, Zoning Reports, ALTA Land Title Surveys, and Construction Risk Management. Partner’s connectedness to the CRE market gives it an unparalleled view into CRE trends and risk management insights. Partner also provides a full suite of consulting services to support the entire real estate lifecycle, including: Geotechnical Consulting; Building Systems Consulting; Capital Management and Project Implementation Support; Environmental Health & Safety Consulting; Energy, Sustainability & Resilience Consulting; and Site Civil Engineering. With a responsive approach scaled for speed and agility, Partner helps clients manage risk, make smart investments, optimize asset performance, and win at their real estate investment strategies. Based in Torrance, Calif., Partner has over 1,400 employees in 40 offices around the globe.

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