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A Phase I Environmental Site Assessment (ESA) identifies the environmental liability associated with a real estate asset. Lenders require a Phase I ESA during the financing of commercial real estate. The environmental consultant conducting the environmental site assessment is required to insp...
04/25/2014
There’s been a lot of movement in the world of multi-family lending of late. Freddie and Fannie are generally pulling back in their lending, taking a more conservative approach with tightened underwriting for their multi-family mortgage loans. Both agencies recently updated their due diligence ...
04/21/2014