U.S. SBA Introduces Bill to Adopt $500,000 Federal Appraisal Threshold
If you are a lender that participates in the U.S. Small Business Administration’s loan programs, be aware that Congress considering a bill introduced last week to bring the 7(a) program in line with the appraisal threshold adopted in April by the Federal banking regulators. BACKGROUND On April 9, 2018, the Office of the Comptroller of Currency, the Federal Reserve Board and the FDIC released a joint final rule that increased the appraisal threshold for commercial real estate transactions from $250,000… READ MORE >
What's New with Area and Corridor Study Reports?
With improvements to our Area and Corridor Study Reports, EDR is making review of large properties faster and easier. Sometimes target properties exceed the search distance of the EDR Radius Map. In these… READ MORE >
  |   07.18.2018
NOTE TO READERS: Earlier this year, we published a brief on the significance of the new federal BUILD Act, an omnibus funding bill with good news for brownfield redevelopment. Among other things, the… READ MORE >
  |   07.03.2018
NOTE TO READERS: Below is an article that was just published in the Summer edition of the EBA Journal. The focus is on where the commercial real estate market stands at the first READ MORE >
  |   07.02.2018
EDR's Summer Interns
EDR has hired five summer interns who will be working on several technical projects which include image processing methods, and environmental and spatial data concepts. The interns are college students who are attending… READ MORE >
  |   06.26.2018
EDR and PM Environmental Enter Long Term Agreement
EDR has signed a multi-year agreement with PM Environmental, a full service environmental firm founded in 1992 and headquartered in Michigan. PM Environmental is ranked #1 in their home state and nationally as… READ MORE >
  |   06.19.2018
Diamonds in the Rough
The mid-year edition of CRE Direct opens with a Letter from the Editor, immediately calling out the question on everyone’s mind: When will the next recession take hold?
“How long [the economic recovery]
  |   06.14.2018
New Regulator Report Warns Against ‘Lender Complacency’
OCC points to easing of commercial loan standards as a top risk in banking industry
“The worst loans are often made in the best of times.” ~Comptroller of the Currency Joseph Otting
While… READ MORE >
  |   05.31.2018
Red Nose Day at EDR
EDR employees have once again participated in the nationwide Red Nose Day, a charity to end childhood poverty. Red Nose Day is a campaign which was launched in the US in 2015 by… READ MORE >
  |   05.29.2018