The GlobeSt.com readership hears every day about the obvious forces affecting commercial real estate – factors like supply and demand, availability of capital and of course location, location, location. But not everyone is as familiar with the non-market forces and risks that can also have a significant impact on deals. Many of those forces are specific to the asset itself, such as environmental issues, the physical condition of an asset, zoning issues and energy performance.
We recently teamed with Engineering Thought Leader, Partner Engineering and Science Inc. to get the broader industry's take on how these issues are viewed, how seriously they are taken, and how things have changed in recent years. What property risks are most concerning? Are professionals more comfortable taking on these risks today compared to 12 or 18 months ago? How does the industry view risks of natural disasters? These and related questions were the subject of the study that was undertaken and completed by more than 500 senior-level commercial real estate executives, and will be looked at in-depth in this white paper.
Key Findings:
• Top concerns at the asset level are entitlement and zoning.
• The Phase I ESA and the PCA outrank the Appraisal in importance.
• Environmental/engineering due diligence
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
