INSIGHTS

EDR’s Update on Revisions to the U.S. SBA’s Environmental Policies and Procedures (SOP 50 10 5(K))
On April 1, 2019, the U.S. Small Business Administration’s new version of environmental policies and procedures took effect (SOP 50 10 5(K)). In a timely track that opened the June Environmental Bankers Association… READ MORE >
  |   07.01.2019
Q&A from EDR's PFAS and Due Diligence Webinar: Here's What You Need to Know
Polyfluoroalkyl substances (or PFAS) are making headlines as more is known about the health effects of this emerging risk. PFAS is most commonly associated with the surfactants used in fire-fighting foams, but there… READ MORE >
  |   06.25.2019
MBA of New York Real Estate Summit: The Skinny on Opportunity Zones
Are opportunity zones the “greatest thing since sliced bread?” or a “scam?” On Tuesday in Manhattan, I moderated a track at the Mortgage Bankers Association of New York’s Fifth Annual Real Estate &… READ MORE >
  |   04.04.2019
NEWS UPDATE: U.S. SBA Officially Adopts $500,000 Appraisal Threshold
The agency’s action brings its appraisal threshold in line with federal bank regulators. The U.S. Small Business Administration just announced an important change to its 7(a) and 504 loan program appraisal requirements, effective… READ MORE >
  |   03.28.2019
MBA of NY Q&A with PRISM Speaker Brian Bailey, Fed Reserve Atlanta
“The larger banks are very disciplined in their commercial real estate lending, but when you get beyond that segment, there’s a significant competitive force that’s being applied to banks from the non-banks.” L… READ MORE >
  |   03.14.2019
U.S. SBA Returns from Shutdown with a New SOP 50 10 5, Effective April 1st
Minor Revisions to Environmental Policies and Procedures Just three weeks after the federal shutdown ended, the U.S. Small Business Administration issued a new SOP 50 10 5. Version (K) will supersede the current… READ MORE >
  |   02.21.2019
1Q19 Construction Lending Update
NOTE TO READERS: This article was just published in the inaugural edition of the CLRM Journal, a publication dedicated to construction lender risk management and distributed to construction lenders and equity capital providers READ MORE >
  |   02.04.2019
Government Shutdown Puts Federal Lending Programs on Hold
“Due to the lapse of government funding, SBA will remain inactive until further notice.”  As we all settle back into work in the New Year,  be aware that the partial federal government shutdown… READ MORE >
  |   01.03.2019
WHAT ARE YOU DOING FOR YOUR CAREER IN 2019?
“Mentoring gave me a new perspective. And when you do it right—whether as a mentor or a mentee—it’s life changing.” Those are the words that stuck with me after the Massachusetts Conference for… READ MORE >
  |   12.20.2018
My RMA 2018 Summary: “Our Risk Management Is the Best It’s Ever Been”
Five Key Take-Aways from the RMA Conference Early last week, I attended the Risk Management Association’s annual conference. It was held at the Gaylord Convention Center in National Harbor, just across the Potomac… READ MORE >
  |   11.15.2018