by grsgrouptest | Mar 21, 2014 | Case Studies
GRS | Corteq recently completed Phase I and PCA services on a $52 million multifamily portfolio acquisition in the Far Rockaway section of Queens, NY. The properties, located at 407 Beach 20th Street, 22-11 New Haven Avenue, 22-04 Collier Avenue, 631 Beach 9th Street...
by Ian Ritter | Mar 20, 2014 | Blog
Kevin May, a Business Development Director at GRS | Corteq, was recently at the Marcus & Millichap CRE Forum in Los Angeles. This expert at Property Condition, Seismic, and Environmental Assessments took some time to give his thoughts on the commercial real...
by grsgrouptest | Mar 10, 2014 | Case Studies
GRS | Corteq recently provided Phase I, PCA, and Seismic services on the acquisition of The Culver Studios—an iconic movie studio in the Los Angeles area. The property, located 10 miles west of downtown Los Angeles, is a 358,000 square foot independent film studio...
by Michael Gerard | Mar 5, 2014 | Blog
Last week, we posted a summary of OCC requirements for environmental due diligence and risk management programs here. In addition to the section specifically concerned with environmental due diligence programs, the handbook includes the following references which...
by Michael Gerard | Feb 28, 2014 | Blog
In August, 2013, the OCC released a Comptroller’s Handbook to provide guidance to bank examiners and bankers concerning safety and soundness in commercial real estate lending. Among other things, the handbook provides details concerning the nature and extent of...