EBI completed Property Condition Surveys and Environmental Site Assessments for each of the 92 hotels. The entire portfolio was assessed in a few short months, requiring well‐organized execution and coordination to accomplish the client’s objectives. In addition to standard scope items, EBI was also responsible for verifying that all of the provided site data was correct. This included data verification on descriptions, construction dates, building square footage, etc. Reports were delivered to the client using EBI’s online client portal to minimize e‐mail traffic and ensure accurate and organized delivery to the end users.
EBI was then re‐engaged in 2017 by the same client to reconduct the previous portfolio for refinancing. Again, Property Condition Assessments and Environmental Site Assessments were conducted for each property, working with individual site contacts for each site. Status reports were created and sent for all 92 properties in the portfolio. EBI’s team of reviewers communicated any immediate concerns directly to the clients as they arose, and all final documents were delivered through EBI’s client portal.
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