CBRE launches national combined services platform

White Plains, NY CBRE recently launched a national combined services platform to provide lenders with both appraisals and due diligence reports as part of the Freddie SBL streamlined service offering. The ability for one company to provide the appraisal together with the due diligence reports is unique to CBRE, whose professionals from its assessment and consulting and valuations and advisory services divisions are able to offer clients a more effective, timely, and highly coordinated due diligence process. The new combined service platform allows Freddie Mac approved lenders to work through one point of contact for all services, gaining efficiencies in ordering, data collection, scheduling, coordination, and report delivery. CBRE, which announced its acquisition of IVI International in December 2014, also offers municipal and zoning reports, adding one more important service to this streamlined and efficient platform. CBRE | IVI is an industry leader in providing construction, property condition and environmental consulting, due diligence and advisory services to the real estate industry. As a longtime provider of Freddie Mac Property Condition Reports and Environmental Site Assessments (Due Diligence Reports), CBRE utilizes its robust internal systems and extensive in-house professional staff to lead the way in due diligence for Freddie Mac’s SBL Program. As a result, the company has successfully completed thousands of Freddie Mac Property Condition Reports (PCR) and Environmental Site Assessments (ESA). CBRE’s Agency Group is directed by a team of experienced and highly regarded industry professionals. Superior service, timely delivery, and industry leading quality control are all hallmarks of the due diligence reports it produces. “Providing lenders with one point of contact and streamlining this due diligence process is a huge benefit,” said Randall Ward, Senior Project Management Director of National Agency Accounts at IVI Assessment Services, a CBRE company. “This is a unique offering that has allowed us to draw on expertise across the combined IVI and CBRE platform for the benefit of our clients. We’ve already had great success across the country in both metropolitan areas and tertiary markets, and we look forward to continued success.” Through its valuation and advisory services appraisal group, CBRE is also deeply involved with the Freddie Mac SBL program, including the ability to add the Freddie-preferred 71 form to the appraisal for only a nominal charge. “We’re providing affordable, quick and robust appraisals to match the intent of the SBL program,” said Tony Lenamon, the group’s National Multi-housing Practice Leader. “We partner with our Freddie clients to enhance their competitiveness in the market with an appraisal process that is simple and meets their borrowers’ needs while maintaining strict compliance with guidelines set by both Freddie and the lender’s underwriters.