From SoCal Real Estate’s December 2018 issue:Construction costs from the environmental perspective Concern for the environment has become a necessary element of any real estate project, and the construction sector is most definitely in the thick of this concern. Balancing environmental issues with cost control in construction can be tricky, particularly in an industry where time is money and delays from environmental rules and legislation are plentiful. Robert Traylor, PG, CHg, ... [Continue Reading]
AEI Launches New Charitable Initiative
As the spirit of giving fills the air, AEI is proud to lend its support to several incredible charitable organizations this holiday season. The firm has announced that it will contribute end-of-year donations to five organizations, each of which is aligned with the company’s core values. “Devoting a portion of AEI’s profits to support organizations that align with our values is a primary element in our overall strategic plan,” says AEI CEO Holly Neber. “We are committed to making a ... [Continue Reading]
AEI Team Pursues Passions & Gives Back With 3rd Annual Culture Project
As part of its ongoing focus to support the personal and professional development of each team member, AEI Consultants has launched its 2019 Culture Project – a company-wide initiative that gives each member of the employee-owned firm the opportunity to donate time and energy to people in need throughout the globe. “Our annual Culture Project has been a tremendous success in giving our team the opportunity to recharge, enjoy their passions, and bring a piece of who they are back to the ... [Continue Reading]
2019 Multifamily Lending Caps Announced
Source: mf.freddiemac.com The Federal Housing Finance Agency (FHFA) recently announced the 2019 multifamily lending cap will remain at $35 billion. Loans in certain affordable and underserved markets continue to be excluded from the cap. The Federal Housing Finance Agency (FHFA) recently announced the 2019 multifamily lending cap will remain at $35 billion. As in prior years, FHFA will review its estimates of the multifamily loan origination market size on a quarterly basis and may ... [Continue Reading]
EPA Opens $50M+ 2019 Brownfield Competition for Multipurpose, Assessment, and Cleanup Grants
Source: Brownfieldslisting.com Over 100 grants and $50 million in brownfield grant funding is expected to be awarded in the next round of EPA's storied and successful real estate redevelopment program. Today, November 28, 2018, the U.S. Environmental Protection Agency (EPA) released a new Request for Proposals & Application Guidelines to officially open the FY 2019 Brownfields Multipurpose, Assessment, and Cleanup Grant competition. Grants offered by the Brownfields Program may be used ... [Continue Reading]
NEEDDA Publishes User Guide for PCAs
AEI is pleased to share the recently published User Guide for Property Condition Assessments (PCAs). The User Guide was created by a committee of industry experts from the National Engineering and Environmental Due Diligence Association (NEEDDA) and is intended to serve as a resource to the community of clients who utilize PCAs but may not have access to the ASTM standard. The Guide outlines client responsibilities, fundamental principles of the ASTM standard, limitations and out of scope ... [Continue Reading]
How Congress and Florida are Attempting to Redefine ADA Compliance and Litigation in 2018
Since July 26,1990, our country has been struggling with the goals and aspirations of the Americans with Disabilities Act (ADA). Every day, architects, interior designers, engineers, and property managers are making decisions intended to improve the overall accessibility of the environment. In 2018, both Florida and Congress are taking steps to enact legislation aimed at re-setting the way that our country settles issues related to ADA non-compliance. As an architect myself, I have completed ... [Continue Reading]
Latest omnibus package more than doubles the EPA brownfield program and bumps up development investment
Recently, President Trump signed the Consolidated Appropriations Act of 2018, better known as the 2018 omnibus bill, into law. The policy impact of this omnibus bill will be felt for many years to come. Congress accepted the administration’s push for redeveloping brownfields, cleaning up Superfund sites and improving water infrastructure. All three focus areas are clear winners in an omnibus bill. The Brownfields Utilization, Investment, and Local Development Act of 2018, or the 2018 BUILD ... [Continue Reading]
CLIENT ALERT: California Energy Commission Mandates AB 802
Benchmarking regulations have been updated in California, affecting commercial and multifamily properties. Building Energy Use Disclosure and Public Benchmarking Program mandated under Assembly Bill 802 was enacted beginning March 1, 2018. Highlights: The following covered buildings in California will be required to disclose their building(s) Energy Star score by utilizing Energy Star Portfolio Manager (ESPM) annually: A covered building of any property type defined by ENERGY STAR ... [Continue Reading]
