We have co-authored an article for the summer edition of CRE Finance World about the importance of remedial cost estimates as a quantitative framework for assessing environmental risk tranches. This is particularly important for securing CMBS loans, which rely on ratings agency asset valuation for investment grade bonds. There has been an increase in the number of CMBS deals forgoing a Phase II ESA in lieu of alternative options such as a holdback or environmental insurance. A remedial cost estimate allows all stakeholders to better assess the potential risk scenarios of environmental contamination on a site, and streamline the securitization process through reduced subjectivity.
To read the full article and what that potential remedial cost estimate would look like, please download the PDF below

June 22, 2026
Partner has named Frederick Ellington, AIA, LEED AP, as Technical Director in its Construction Services division. With 30+ years of experience, he strengthens the firm's construction risk management, due diligence, and project advisory capabilities for commercial real estate clients.

March 25, 2026
Effective communication is key to successful lender-consultant partnerships—improving clarity, reducing delays, and supporting better deals.

March 11, 2026
In this Globe St. article, Brett Hayes discusses how sellers who complete due diligence before going to market can reduce re-trades and keep deals moving forward.




