SEISMIC RETROFIT ORDINANCES ARE NOW IN EFFECT IN SAN FRANCISCO AND LOS ANGELES Although seismic retrofit ordinances are now fully in effect in San Francisco and Los Angeles, many property […]
SEISMIC RETROFIT ORDINANCES ARE NOW IN EFFECT IN SAN FRANCISCO AND LOS ANGELES Although seismic retrofit ordinances are now fully in effect in San Francisco and Los Angeles, many property […]
THE AIM OF SEISMIC RETROFIT ORDINANCES IS TO CREATE A MORE SEISMICALLY RESILIENT BUILDING STOCK, LIMIT… …costly damage, and most importantly – protect life safety of building occupants in case […]
ACROSS THE STATE OF CALIFORNIA, SEISMICALLY UNSOUND BUILDINGS ARE GAINING THE POLITICAL ATTENTION NEEDED… …to create and enforce regulations to address risk. Last week, the City of Los Angeles announced a policy […]
FANNIE MAE’S NEW MULTIFAMILY GUIDELINES FOR UNDERWRITING AND DUE DILIGENCE… …are less than a week from implementation, and additional revisions were just released on January 27th. As the industry readies […]
A RECENTLY PASSED SAN FRANCISCO ORDINANCE WILL REQUIRE SEISMIC RETROFITS OF BUILDINGS Recently, San Francisco passed a mandatory Soft-Story Retrofit Ordinance that will require a seismic retrofit of existing buildings […]
FREDDIE MAC ANNOUNCED ITS NEW SEISMIC RISK POLICY FOR MULTIFAMILY SELLER/SERVICERS TO FOLLOW… …on April 24, 2013. Mark Field, Underwriter for the Targeted Affordable Group, summarized the new procedures on […]
As We Look Back on the Year and Ready Ourselves for a New One, It Is a Perfect Time For Lenders to Ask: “Are my risk management policies protecting me […]
How Do You Know When You Need to Consider Seismic Risk? Several Seismic Zone Maps Can Provide Direction. Most structured finance lenders—CMBS, Fannie Mae, Freddie Mac—and most life companies require […]
With Lending Back in The Swing of Things, Understanding This Process Can Be Crucial for Asset Owners. Structured finance is back, and with it comes all of the due diligence […]