INSIGHTS

ALERT: Feds Propose 1st Appraisal Threshold Change in 23 Years
As many as 4,040 commercial real estate loans could be exempt from appraisals This week, three bank regulatory agencies announced their latest response to concerns about the time and cost pressures of completing real estate transactions. The Federal Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency agencies are jointly issuing a notice of proposed rulemaking to raise the threshold requiring commercial real estate appraisals from $250,000 to $400,000. Why the Change? Revising… READ MORE >
NEWS FLASH: EPA RECOGNIZES ASTM FORESTLAND STANDARD AS AAI-COMPLIANT
EPA Replaces Reference to Old E 2247 Standard to Reflect 2016 Revisions At our May PRISM conference, Patricia Overmeyer, the Land Revitalization Coordinator at the U.S. EPA’s Office of Brownfields Cleanup and Redevelopment,… READ MORE >
  |   07.17.2017
Exciting Improvements to VEC App & Lightbox
Lightbox and VEC App are now integrated! Starting today, you can review government records and historical content, and  access the vapor screen tools in a single browser window. The integration will create a… READ MORE >
  |   07.10.2017
OCC Issues New FAQ on Vendor Management
Emphases that third party vendor risk management is not a “one-size-fits-all” process.  The challenges that financial institutions face managing third-party relationships are real, and so is the uncertainty about what regulators want to… READ MORE >
  |   06.23.2017
MBA of NY CRE Summit: Shifts in the Market Create Opportunities, Uncertainty
“Players in the commercial real estate business are on pins and needles.” ~CRE Direct Mid-Year magazine First quarter commercial property sales declined as property prices level out. There have been dramatic shifts… READ MORE >
  |   06.16.2017
Improved High-Risk Historical Records help identify RECs and vapor risks that could be hiding.
EDR recently made improvements to the High-Risk Historical Records database, making it more accurate and complete. HRHR helps identify the riskiest historical property uses: gas stations, dry cleaners and manufactured gas plants (MGPs).… READ MORE >
  |   06.14.2017
EDR Partners with Cole to Improve City Directory Super Library
EDR is pleased to announce an agreement with Omaha-based Cole Information Services to provide historical property use information to environmental consultants, lenders, and other stakeholders conducting environmental due diligence for property transactions. Cole… READ MORE >
  |   06.09.2017
Looking Past The Headlines: Trump’s Impact on Brownfields, Commercial Real Estate Lending
What the New Administration Means to Site Redevelopment and Property Lending NOTE TO READERS: This article was just published in the Summer 2017 Edition of the Environmental Bankers Association’s Journal, and appears here READ MORE >
  |   06.07.2017
Welcome to the ‘Risk-Off’ Era
Boston Experts See Room Left to Run in Market Recovery As we approach the mid-year mark, I am fielding more questions from clients who experienced a slower-than-expected first quarter, and are wondering what… READ MORE >
  |   05.30.2017