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Turning Commercial Liabilities into Assets

By Michael Gross, Gage Kellogg |Published March 31, 2021
Partner ESI - Turning Commercial Liabilities Into Assets

It is estimated that there are over 15 million acres of contaminated land in the U.S. alone, according to the National Renewable Energy Laboratory. This land includes landfills, former industrial and coal sites, and other types of brownfields. Although these properties can be a financial burden to

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Demystifying ALTA Surveys: Pro Tips and Table A Items

By Robin Rednose-Lewis |Published March 30, 2021
Demystifying ALTA Surveys: Pro Tips and Table A Items

As the 2021 ALTA Survey guidelines came into place, helping real estate professionals navigate the changes and demystify the hard-to-understand Table A items is key to successful deal closings. On a high level, a typical

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Why Zoning Reports Are Critical For New York City Commercial Real Estate Transactions

By Melissa Dahl |Published March 29, 2021

If you are considering acquisition of a commercial real estate property, your lender might require a Zoning Report as part of the due diligence process. In many areas of New York

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Climate Change and ESG Impacts on Commercial Real Estate

By Tony Liou |Published March 23, 2021
Climate Change and ESG Impacts on Commercial Real Estate

As President Biden signs sweeping climate change executive orders, the commercial real estate industry is also ramping up the conversation around Environmental, Social, and Governance (ESG). Just this month, at the virtual MBA CREF21: Lending, Investing, Servicing and Technology Convention &

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New Phase I ESA Standard Coming in 2021

By Nicole TK Moore, REPA |Published March 23, 2021
New Phase I ESA Standard Coming in 2021

When there’s a change that affects around 250,000 commercial real estate deals a year, it’s a big deal. This is about to happen in 2021. I’m talking about the Phase I Environmental Site Assessment (ESA) – the nationally recognized standard for evaluating environmental risk at a commercial property

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