NEW YORK CITY—IVI International, a construction risk management firm and due diligence provider, has moved several of its key enhanced equity services in-house.
Reviews of mechanical, electrical and plumbing systems, accessibility compliance, seismic risk, and structural and civil engineering review of building structure and infrastructure—key components most often handled by out-of-office consultants—have now shifted in-house, making for a more cohesive approach to risk based due diligence.
The augmented Property Condition Reports generated by IVI's growing roster of in-house professionals offer potential owners and investors—such as foreign investors, pension funds, private equity groups, hedge funds—the certainty they need for their particular risk tolerance level prior to entering into negotiations.
Among the professionals moved in-house are senior project managers Doug McCall, Radu Dumitrescu and Michael Montgomery, as well as Scott Adan, director of seismic assessment services.
“These days, there is more at stake than ever before for potential investors in commercial real estate,” says Robert Occhiogrossi, VP and director—technical services at IVI International. “Knowledge is power, and by drawing on an expanded in-house team for more and more of these services, IVI is able to provide just that—the power to make informed investment decisions.”
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- 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
*May exclude premium content© 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.
Rayna Katz
Rayna Katz is a seasoned business journalist whose extensive experience includes coverage of the lodging sector, travel and the culinary space. She was most recently content director for a business-to-business publisher, overseeing four publications. While at Meeting News, a travel trade publication, she received a Best Reporting award for a story on meeting cancellations in New Orleans during Hurricane Katrina.
