These sectors have emerged as a driving force on the commercial real estate finance industry, and they are proving to be a steady source of capital for investors pursuing multifamily assets. EBI is often tapped by borrowers to conduct assessments, though lenders typically hire us to help ensure their loan documents are well-received by HUD or a GSE agency because they know we bring decades of experience and knowledge of agency intricacies to bear.
EBI is intimately familiar with the process and application requirements the public agencies expect to see. We guide our clients’ submissions and know exactly which assessment or inspection report to use to expedite the loan because we have built a full suite of services for that purpose. We understand what agencies will be looking for, including such items as reserves and repair recommendations, as well as the condition of building equipment, preventative maintenance records, or roof condition. Since EBI offers a national footprint, our highly trained experts are easily able to handle on-site property inspections for a wide range of asset types, and our expertise ultimately helps our clients secure the financing they require for a property.
Fannie Mae retained EBI Consulting to conduct a Property Condition Assessment for the foreclosure of a 280-unit multifamily residential complex located in Houston, TX. The reports were completed in general conformance with the ASTM E 2018-15 and Fannie Mae PCR guidelines. Our Fannie Mae dedicated staff of engineers, architects, scientists, program managers, and reviewers delivered the high-quality comprehensive reports for which EBI is known, in accordance with the clients’ specifications and time restraints.
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