News: Long Island

CIBS-LI holds Summer Extravaganza on August 7th; Networking attended by 175 members and guests

 

Woodbury, NY About 175 members and guests of the Commercial Industrial Brokers Society of Long Island (CIBS-LI) turned out for the organizations’s annual Summer Extravaganza.

Held August 7th at the Crest Hollow Country Club, the participants managed to enjoy themselves despite a rainy day that forced what would have been a poolside event, indoors.

Their next event is a CIBS Educational Program – Morning Chat with the The Engel Burman Group on October 10. Registration, breakfast and networking is at 8 a.m. and with the program from 8:30 to 10 a.m.

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The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.