by Michael Gerard | Dec 20, 2013 | Blog
In the CRE world today, MOB and NNN assets are trading at favorable cap rates in some secondary markets and can provide investors with favorable NOI, especially since the CMBSmarket is coming back, though it must be stressed that a Phase I ESA, as well are an ALTA...
by Michael Gerard | Dec 12, 2013 | Blog
As a commercial real estate professional, it’s important to be aware of due diligence requirements in order to understand and manage risks. Recently, the standard which is used for most Phase I Environmental Site Assessments was revised. In general, revisions are...
by grsgrouptest | Apr 27, 2012 | Blog
Due diligence consultants are regularly asked to conclude a single right answer in a world dominated by variables. Appraisals, for example, provide an estimated value which, in combination with other variables, determines the amount of money lenders are willing to...
by grsgrouptest | Feb 28, 2012 | Blog, Uncategorized
A few months ago, I had the opportunity to speak with Patricia Overmeyer, who led EPA’s project to define all appropriate inquiries – the actions property buyers must take to attempt to identify environmental contamination of properties before acquisition....
by grsgrouptest | Feb 22, 2012 | Blog, Uncategorized
Most clients, these days, ask consultants to include recommendations in Phase I Environmental Site Assessments (ESAs), but did you know that there are no standards for the development of these recommendations? The standard which governs most ESAs, ASTM E 1527,...
