Coldwell Banker Commercial Island Corporate Services provides property site inspections and analyses on a Long Island basis for banks, commercial real estate lenders, commercial mortgage conduits, commercial loan special servicers, and real estate investors. We have extensive site analysis experience throughout the New York Metropolitan Area for all property types, including:
- Self Storage
- Senior Housing
- Congregate Care
CBCICS's property site inspections and analyses are performed for many due diligence purposes, including loan underwriting, re-underwriting, loan servicing, property acquisitions, and asset dispositions. Our property site reports provide an excellent third party review of a property and its sub-market that enhances the quality of underwriting.
We look at each property from the lenders and investors perspective. Our experienced team has an extensive background of asset management, asset dispositions, and acquisitions. We also have a background with troubled assets and loan workouts. This provides a unique perspective for our client that is not available from other outsourcing firms who utilize an unrelated network of contractors that work for multiple firms. We have the ability to be the eyes and ears of our clients on site. Our extensive experience allows us to provide a seasoned view of commercial real estate. Our team can advise lenders of material and potential issues with a commercial real estate property. We can also alert real estate investors to potential lender issues that may affect their ability to finance a project.
We provide timely, cost effective real estate analyses on Long Island. Our underwriting/re-underwriting property analyses provide a thorough examination of the general property condition, physical characteristics, location, surrounding properties, surrounding neighborhood, competing properties, management, and other pertinent considerations relevant to lenders, investors and rating agencies. The underwriting/re-underwriting property analysis report includes an extensive display of digital photos of the property, neighborhood, comparable properties, and other items/issues affecting the asset. The analysis also include maps detailing the location of the property and the primary competition. These reports are utilized by lenders, investors, and special servicers in their essential decision making process