July 26th is day of special recognition and celebration. On this day, we celebrate the 1990 signing of the Americans with Disabilities Act (ADA). Prior to the signing of the ADA, people with disabilities were not legally entitled to reasonable accommodations in public spaces. The ADA is a Civil Rights law and requires that owners of buildings that are considered to be places of public accommodations remove architectural barriers and communications barriers, providing persons with disabilities ... [Continue Reading]
AEI Consultants Responds to Increased Industry Demand for Sustainability, Energy Efficiency and Property Transformation Services with Addition of Karla King, P.E., Esq., LEED AP, as Executive Vice President
Walnut Creek, Calif. DATE – AEI Consultants is pleased to announce the addition of Karla King, P.E., Esq., LEED AP as Executive Vice President. In this role, Ms. King will leverage AEI’s existing building assessment, capital planning, construction risk management, energy efficiency, industrial hygiene, environmental health & safety, zoning and permitting, and resilience consulting expertise to provide full-service sustainability services to our clients. “We’re excited to provide a ... [Continue Reading]
Earth Day 2021
We, at AEI, are always excited to celebrate this day with our fellow environmental enthusiasts. Earth Day is an annual reminder of how precious our natural resources are and a chance to express our gratitude by giving back. This year AEI Consultants will be doing our part by making a donation to The Ocean Cleanup. The non-profit foundation was created to help solve the increasing issue of plastic in our aquatic environments. On top of supporting environmental initiatives, AEI is making a ... [Continue Reading]
Client Alert: Several important changes to HUD’s new 2020 MAP Guide
The Federal Housing Administration’s (FHA) Office of Multifamily Housing Programs now has an updated and restructured Multifamily Housing Accelerated Processing (MAP) Guide -- used by MAP-approved lenders when originating, underwriting, closing, and servicing mortgages for FHA insurance on multifamily properties. The MAP Guide describes how lenders qualify for participation and how lenders apply for mortgage insurance including the qualifications and roles, both financial and professional, of ... [Continue Reading]
AEI Consultants Appoints Rachel Yockey to Director of Culture and Engagement
AEI Consultants develops new role in commitment to diversity, equity, and inclusion Walnut Creek, Calif. (January 26, 2020) AEI Consultants, a leading commercial real estate assessment and consulting firm, has announced the promotion of Rachel Yockey to the newly created role of Director of Culture and Engagement. This hire was made to further AEI’s commitment to and development of diversity, equity, and inclusion. “AEI's company culture and the people that make it are truly what set AEI ... [Continue Reading]
EBA Panel: Climate Risk Evaluation
As discussed on the January 25, 2021 Climate Risk panel at the Environmental Bankers Association conference, the Commodity Futures Trading Commission (CFTC) noted in September 2020 that climate risk poses a major risk to the stability of the US financial system. The CFTC called on US financial regulators to move urgently and decisively to measure, understand, and address the risks. Our panel covered some potential ways for lending institutions to incorporate climate risk into underwriting and ... [Continue Reading]
Industry Veterans Sarah Feit & Joseph Novotny Join AEI as Vice Presidents of Agency Services
Expansion of Division Responds to Increased Industry Demand for Agency-Related Services Walnut Creek, Calif. (January 12, 2020) AEI Consultants, a leading commercial real estate assessment and consulting firm, has announced two new hires: Sarah Feit, Vice President – Agency Due Diligence Joseph Novotny, Vice President – Agency Building Assessments These hires were made due to increased demand for assessment and consulting services by Government Sponsored Enterprises ... [Continue Reading]
CLIENT ALERT: Updated 2021 ALTA/NSPS Land Title Survey Requirements
(Effective Feb 23, 2021) AEI’s full time, dedicated staff is experienced in handling all steps of the American Land Title Association (ALTA) Surveys. Our clients will attest to our ability to provide cost-effective, solutions for any of your land survey needs for real estate transactions. We are committed to keeping clients up-to-date on changes in the industry. It has been recently announced that ALTA/NSPS Committee has updated their national standards, which will go into effect February ... [Continue Reading]
Climate Risk Evaluation
It’s common knowledge that climate risks may pose physical risk to assets and portfolios. REITs are now including sustainability and climate risk resilience reporting in annual environmental, social and governance (ESG) reports, and some lenders are reviewing collateral and portfolios from a climate risk perspective. It was also recently announced that Moody's presale reports now include physical climate risk tables for the properties backing the loans in CMBS and CRE CLO transactions. But how ... [Continue Reading]
SBA SOP 50 10 6 Effective October 1, 2020
The SBA’s Standard Operating Procedure (SOP) 50 10 6 will apply to all applications received by SBA on or after that date. Participants must continue to use SOP 50 10 5(K) for SBA 7(a) and 504 applications submitted through September 30, 2020. Format Update: The SOP document itself has been reorganized to emphasize core 7(a) and 504 Loan Program Requirements and to consolidate guidance based on loan delivery methods and procedural requirements. For 7(a) and 504 loans, SBA has: included in one ... [Continue Reading]
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