There has been a lot of changes in the finance industry over the past few weeks and a lot of people’s ideas about commercial real estate have changed significantly as well. Among all the turmoil, though, I did notice that the Dow and NASDAQ did recover a bit today and my phone is still [...]
Entries Tagged as 'Redevelopment'
The Current State of the Market
September 18th, 2008 · No Comments
Tags: Environmental · Redevelopment · Transaction
Collateralized Damage: Commercial Mortgage Securities Are at a Standstill
August 20th, 2008 · No Comments
The Wharton School of Business published an article last month in their Finance and Investment section on the state of the Commercial Mortgage Industry that I found to be a good read:
Published: July 23, 2008 in Knowledge@Wharton
With so much media and federal regulatory attention focused on the global credit crunch, especially the securitization of massive [...]
Tags: Redevelopment · Transaction
Numerous Gas Station Sites to be Sold
August 13th, 2008 · No Comments
The Wall Street Journal reported earlier this month that ExxonMobil plans to sell 2,200 retail gas stations in the United States and other oil companies have sold most of theirs as well. They included the following graphic:
I know this may raise concern among many consumers who would think that this may lead to another [...]
Tags: Redevelopment · Transaction
U.S. EPA to sample indoor air at Oakland homes, businesses near former plating shop
August 11th, 2008 · No Comments
This was posted last week and the sampling was presumably performed a couple of weeks ago, but I am posting it to illustrate that public focus on these issues is increasing.
U.S. EPA to sample indoor air at Oakland homes, businesses near former plating shop
Release date: 07/23/2008
Contact Information: Wendy Chavez, 415/947-4248, chavez.wendy@epa.gov
High levels of VOCs found [...]
Tags: Environmental · Redevelopment · Soil Quality · Transaction · Water Quality
Transaction Screens
August 5th, 2008 · No Comments
I recently had a client request a number of transaction screens for a block of properties that they are purchasing.
A transaction screen is a limited environmental assessment designed to identify readily apparent and potential environmental liabilities associated with a site or facility. All work is conducted in accordance with the ASTM E [...]
Tags: Environmental · Redevelopment · Soil Quality · Transaction · Water Quality
Home buyers should check for hidden and buried toxins
July 28th, 2008 · No Comments
Does your new dream home come with dangerous hidden extras — like a seeping oil well in the backyard or a former meth lab in the bedroom?
Tags: Environmental · Redevelopment · Transaction
City of San Bernardino Economic Development Agency Awarded $400,000 EPA Brownfields Grant
July 17th, 2008 · No Comments
The Economic Development Agency (EDA) of the City of San Bernardino has been awarded $400,000 in grant funding from the United States Environmental Protection Agency (EPA) to develop an inventory of potential and actual Brownfields sites contaminated by hazardous substances and/or petroleum, to conduct environmental site assessments, and to support community outreach activities.
A Brownfields site [...]
Tags: Environmental · Incentive programs · Redevelopment
Welcome!
October 4th, 2007 · No Comments
Welcome to my blog!
My name is David McAlister, thanks for stopping by and checking out my blog. Here I will post my thoughts and impressions on the commercial and industrial real eastate market, specifically propety where the soil and/or groundwater has been adversely impacted in some way and requires environmental scrutiny. To put [...]
Tags: Incentive programs · Redevelopment · Soil Quality · Transaction · Water Quality