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January 17, 2019

2019 CLRM Journal

By Partner ESI

Welcome to the inaugural edition of the Construction Lenders Risk Management Journal! Over the last 6 year, the CLRM Roundtable has continually expanded the space exchanging ideas and concerns about construction risk management practices – in person via our national and regional meetings, online via webinars and a LinkedIn forum, and now in print.

With over $1 Trillion invested in private construction in 2018, commercial real estate development plays a significant role in the US economy. Reducing risks of project failure or default matters not just to the success of each member’s portfolios, but to the U.S. economy at large. In the 2019 edition of the Journal, we’ve collected insights from the CLRM community concerning the market, construction costs, regulatory updates, risk management and other hot topics.

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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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