Many investors assume that if they follow the current physical due diligence standard, they will be adequately protected. What you and your clients should understand is that this
standard represents the lowest common denominator and is only appropriate for investors with a high risk tolerance.
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Taken from Real Estate Bisnow New York’s posting on Wednesday, March 24, 2010 — "Panic Not on Calendar"
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Today, when going green makes sound business sense and sustainability is the name of the game, commercial real estate professionals can
reap numerous rewards by commissioning a carbon footprint study.
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Although the science behind environmental issues is complex, commercial mortgage brokers who have a basic knowledge
of carbon footprints can gain an important edge over their competition.
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To realize the most benefit, the study should be viewed as a collaborative effort amongst the lender, its consultant and the borrower.
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The FBI Field Office, a 171,000 SFG, 5-story, Class A office building, began construction in the first quarter of 2010 and upon completion, is targeted for LEED Certification.
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