About This Thought Leadership BlogThought leadership on a variety of CRE related issues including phase 1 and phase 2 environmental site assessments by expert environmental consultants and building engineers.
Phase 1 Environmental Site Assessment
During the acquisition, refinance or foreclosure of a property, it is important to understand the assetís potential environmental liability in order to protect your investment and to weigh the risks associate with that investment.Read More
Freddie Mac Announced New Seismic Policy
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 April 24, 2013.† The policy will be officially released in the April 30, 2013 Guide update and will go into effect for all reports ordered on or after June 1, 2013. ÖRead More
SBA Crash Course: Reliance Letters
A Reliance Letter is commonly used and relatively simple tool in due diligence, however the SBA has specific reliance requirements that SBA lenders should be aware of.Read More
Vacant Retail Plus Hot Healthcare = Opportunity?
The medical office sector may find opportunities for new innovative space in vacant big box retail stores, but the due diligence required for such a repurposing would be a little unique.Read More
Property Condition Reports: What do Investors Need?
The scope of work for the Property Condition Report can vary widely depending on the user's goals.Read More
SBA Crash Course: Phase I Environmental Site Assessments and Beyond
The SBA has particular requirements for environmental due diligence on "high risk" properties, which includes a Phase I ESA and sometimes additional investigation.Read More
My Building is Not ADA Compliant - Do I Need to Make Modifications?
Many older buildings will not be compliant with current ADA and other accessibility requirements. Generally speaking, accessibility improvements will be triggered by alterations to areas where the public has access, subject to certain cost thresholds.Read More
NJ SBA Lending Uptick
NJBIZ reported last week that SBA loan volume in New Jersey surged 23% in Q4 2012.Read More
Industrial Properties and Environmental Risk
Industrial is expected to be hot in 2013, and industrial properties often come with greater environmental risk. Here's what investors and lenders need to consider during environmental due diligence.Read More
The Environmental Assessment and the Acquisition
Whether you are looking to acquire a single piece of real estate or 300 pieces of real estate, keep in mind that you could be buying more than the physical improvements.Read More
About Partner Engineering and Science, Inc.
Partner Engineering and Science, Inc. (Partner) is a full-service environmental and engineering consulting firm completing projects nationwide. We specialize in evaluating properties in connection with real estate transactions, development or management.