Company NewsMortgage Bankers Insurance Policy The Mortgage Bankers Association announced the formation of a task force on the use of environmental insurance for commercial real estate loans to provide standards for its members. The task force aims to educate association members on the types of environmental insurance policies prevalent in the commercial real estate industry. The task force will also define standards for environmental insurers by making coverage recommendations. Designed to Win The Commons at Atlantic Station received the 2002 Residential Architect Design Award of Merit in the On the Boards category. The On the Boards category honors an outstanding unbuilt residential project. The Commons, which includes the majority of the residential properties at the Atlanta redevelopment site, is being developed by Realty Development Corp. and the design is by Dallas-based architecture firm James, Harwick + Partners, Inc. The Killam Group of Companies has changed its name to Hatch Mott MacDonald.…Log In to Read Full Article
RACER Trust’s Proving Ground Stimulates Efficiency
Judge Robert Gerber, sitting in the U.S. Bankruptcy Court for the Southern District of New York, signed an order in effect creating RACER Trust in March 2011. RACER — for Revitalizing Auto Communities Environmental Response — was handed a portfolio of more than 300 properties scattered over 89 locations in… Read more
Water, Water Everywhere?
While in the following pages I will recount a number of serious localized water shortages, I can tell you at the outset, this will not be another gloom-and-doom scenario to which you are treated daily in your local and national news sources. Now, in my 54th year of professional effort… Read more