Effective immediately, the updated ASTM E2018–15 Standard Guide for Property Condition Assessments: Baseline Property Condition Assessment aims to enable more accurate identification of risks associated with building conditions.
Property Condition Assessments (PCAs) are a typical part of most real estate transactions. While the scope for PCAs is generally quite standardized, certain instances warrant a more tailored approach. Aaron Kovan discusses two such PCAs "with a twist".
Fannie Mae's new multifamily guidelines for underwriting and due diligence are less than a week from implementation, and additional revisions were just released on January 27th. As the industry readies itself, lenders still have many questions. Partner's Aaron Kovan discusses some FAQs regarding the changes.
Fannie Mae has announced changes to its multifamily Selling and Servicing Guide. What are the key changes that can affect Vendor observations, report cost and schedule, and Lender underwriting?