The seismic risk landscape is changing. For the first time, the U.S. Geological Survey has included “manmade earthquakes” in a study of seismic hazards in the US. In addition to that, ASTM just released revised standards and guidance for Seismic Risk Assessments and Probable Maximum Loss reports (known as ASTM E2026-16a and E2557-16a). And, the Cities of Los Angeles and San Francisco have implemented mandatory retrofit ordinances that require the correction of seismic deficiencies at thousands of at-risk buildings. Investors and lenders have yet to decide on the best way to handle these changes. We are hosting a webinar on Wednesday June 29th that looks more closely at these changes so be sure to register for that now!
First, let’s take a closer look at the impact that human-induced earthquakes have on commercial real estate in this GlobeSt blog.
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.
