While both surveys provide essential information about a property, an ALTA/NSPS Land Survey is generally more detailed and adheres to nationally recognized standards, making it more appropriate for commercial transactions and development planning…
The U.S. Small Business Administration’s new and revised SOP 50 10 7 was issued earlier this year and goes into effect August 1, 2023. As it relates to environmental due diligence there are two changes in the SOP’s Chapter 5, Section E – Environmental Policies & Procedures.
This case study shows how relying on environmental questionnaires in commercial real estate transactions can cause challenges and how advances in technology and data aggregation now give lenders, buyers, and investors early property insights so they can better anticipate those challenges…
By Anthony Romano, CEO CREtelligent
Real estate agents collect a myriad of information to help their clients move smoothly through a transaction. From sales comparables and property information to traffic and neighborhood statistics, the more insights agents provide their clients, the more value they add. The ability to sniff out anything that could delay a transaction…
By Daria Milburn, CEM, CEC, EP
In this webinar, we explored the various tools in the environmental risk management process, when to use them, and how to react to their findings in a proactive way. As market conditions contract, many regulated lenders are revisiting their environmental due diligence process as they anticipate a wave of delinquent borrowers and distressed assets…
By Anthony Romano, CEO CREtelligent
Commercial real estate transactions have slowed due to higher interest rates, inverted cap rates, and asset values that have yet to recalibrate. If you’re a legal firm with CRE clients, you’ve likely felt this market contraction. With the $30B market for real estate legal services shrinking, regional and national law firms are looking for innovations…
Law Firm Honigman uses land surveys to support its clients\’ title exams and insurance needs. “I feel very comfortable when dealing with CREtelligent. The surveys we receive are top quality in terms of the level of research, and my point person is super responsive and knowledgeable,” said Renee Naylor, a Partner with the business law firm Honigman LLP…
Lev Capital is a commercial brokerage firm supercharged with great technology. “We consider ourselves a digital brokerage firm, a platform to help facilitate the many moving parts of a deal,” said Daniel Greenblum, a Director at Lev. The Lev Marketplace application connects their clients to over 5000 lenders and provides a real-time window into the progress of a deal…
Bay Area Development Company is a Walnut Creek, CA, company specializing in SBA 504 lending. One of the top twenty 504 lenders in the country, they originate between 75 – 100 SBA 504 loans a year that support local businesses. CEO Rich Grant said his team recently turned to the RADIUS platform to help expedite due diligence…
By Daria Milburn, CEM, CEC, EP
If you’re lending on commercial real estate, environmental due diligence is an area not to be taken lightly. If you’re relying solely on questionnaires from the property seller or buyer, you may not be doing enough. Recent regulatory scrutiny around environmental due diligence and the use of questionnaires has driven many Credit Unions to…
Commercial Real Estate professionals often require a fairly detailed vetting process in order to utilize a new vendor. We get it.
In order to make that process as simple and through for you as possible we have assembled a downloadable “Due Diligence Package” for you to start the ball rolling. As soon as you complete this quick registration form, you will be able to receive our Statement of Qualifications, Certificate of Insurance and our Current Customer Referral list.
