by grsgrouptest | May 13, 2016 | Case Studies
GRS | Corteq recently provided services on a $27,000,000 Fannie Mae refinance of Glenridge Cooperative Apartments in San Francisco, CA. Glenridge Cooperative Apartments, built in 1968, is a Limited Equity Housing Cooperative that consists of 275 units. The property...
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...
by Michael Gerard | Jan 31, 2014 | Blog
This morning, Freddie Mac announced the following changes to their requirements for Property Condition Assessments, Environmental Site Assessments, and forms 1103 and 1105. Changes are effective for all orders placed today, but do not apply to reports in progress....