INSIGHTS

#BusinessIntelligence
A NEW LOOK AT THE METROS OUT IN FRONT IN 2019: Top 5 Phase I ESA Markets by Size
Late last month, I delivered my mid-year market update, highlighting key trends in commercial real estate this year—and what that’s meant for the volume of Phase I environmental site assessments across the U.S.… READ MORE >
  |   08.22.2019
#CollateralMonitoring
Banks, Credit Unions at Odds Over New Evaluation Rule
After a long period of stasis, there has been a cascade of updates to Federal regulations on when real estate appraisals are required by lenders. The shift began in 2018 when the Office… READ MORE >
  |   08.20.2019
#LenderRiskManagement
SBA NEWS FLASH: 7(a) AND 504 LOAN VOLUME AT MID-YEAR
Loans under the 7(a) program are 13% below this time last year, Live Oak maintains top spot, while Newtek makes a move.  The last time we checked in on loan volume under the… READ MORE >
  |   07.12.2019
#ASTME1527
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
#ASTME1527
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
#BusinessOpportunities
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
#LenderRiskManagement
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
#CurrentTrends
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
#LenderRiskManagement
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
#BusinessIntelligence
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