ARTICLES, NEWS & PRESS RELEASE
Twice a year, we ask our clients to participate in our NPS Survey to gauge how well we’re meeting their needs. The NPS is used by leading organizations around the nation as a way to measure customer satisfaction. It takes 2 seconds to complete and simply asks if they would recommend us to a colleague, friend, or other. 74% said yes!
The U.S. Small Business Administration’s new and revised SOP 50 10 7 was issued earlier this year and goes into effect August 1, 2023. As it relates to environmental due diligence there are two changes in the SOP’s Chapter 5, Section E – Environmental Policies & Procedures.
The U.S. Small Business Administration’s new and revised SOP 50 10 7 was issued earlier this year and goes into effect August 1, 2023. As it relates to environmental due diligence there are two changes in the SOP’s Chapter 5, Section E – Environmental Policies & Procedures.
Operation & Maintenance (O&M) Plans help commercial property owners, managers, and others develop programs that minimize occupant exposure to potentially harmful or toxic building materials. While O&M Plans are not a substitute for statutory or regulatory requirements, they do provide…
This case study shows how relying on environmental questionnaires in commercial real estate transactions can cause challenges and how advances in technology and data aggregation now give lenders, buyers, and investors early property insights so they can better anticipate those challenges…
CREtelligent announced today that CEO Anthony Romano was named by Ernst & Young LLP (EY US) as an Entrepreneur Of The Year® 2023 Bay Area Award finalist. Now in its 37th year, Entrepreneur Of The Year is one of the preeminent competitive business awards for transformative entrepreneurs and leaders of high-growth companies who are building…
CREtelligent appoints commercial real estate veteran Laura Millichap to its Board of Directors, enhancing its strategic direction as a leading provider of innovative due diligence solutions, analytics, and insights. Millichap’s 30-year experience and prop-tech background make her a valuable addition to support the company’s growth…
By Anthony Romano, CEO CREtelligent
Real estate agents collect a myriad of information to help their clients move smoothly through a transaction. From sales comparables and property information to traffic and neighborhood statistics, the more insights agents provide their clients, the more value they add. The ability to sniff out anything that could delay a transaction…
By Daria Milburn, CEM, CEC, EP
In this webinar, we explored the various tools in the environmental risk management process, when to use them, and how to react to their findings in a proactive way. As market conditions contract, many regulated lenders are revisiting their environmental due diligence process as they anticipate a wave of delinquent borrowers and distressed assets…
By Anthony Romano, CEO CREtelligent
Commercial real estate transactions have slowed due to higher interest rates, inverted cap rates, and asset values that have yet to recalibrate. If you’re a legal firm with CRE clients, you’ve likely felt this market contraction. With the $30B market for real estate legal services shrinking, regional and national law firms are looking for innovations…
Law Firm Honigman uses land surveys to support its clients’ title exams and insurance needs. “I feel very comfortable when dealing with CREtelligent. The surveys we receive are top quality in terms of the level of research, and my point person is super responsive and knowledgeable,” said Renee Naylor, a Partner with the business law firm Honigman LLP…
Lev Capital is a commercial brokerage firm supercharged with great technology. “We consider ourselves a digital brokerage firm, a platform to help facilitate the many moving parts of a deal,” said Daniel Greenblum, a Director at Lev. The Lev Marketplace application connects their clients to over 5000 lenders and provides a real-time window into the progress of a deal…
Bay Area Development Company is a Walnut Creek, CA, company specializing in SBA 504 lending. One of the top twenty 504 lenders in the country, they originate between 75 – 100 SBA 504 loans a year that support local businesses. CEO Rich Grant said his team recently turned to the RADIUS platform to help expedite due diligence…
By Daria Milburn, CEM, CEC, EP
If you’re lending on commercial real estate, environmental due diligence is an area not to be taken lightly. If you’re relying solely on questionnaires from the property seller or buyer, you may not be doing enough. Recent regulatory scrutiny around environmental due diligence and the use of questionnaires has driven many Credit Unions to…
Nestory Park, a Mill Valley, CA real estate investment firm acquires, develops, nurtures, and manages real estate throughout the United States. They specialize in converting underperforming assets in prime locations, creating value for tenants and communities, and increasing value for investors and owners…
By Fraser K Hamilton, Sr. PG EP
Indoor environmental quality (IEQ) is a big deal and one that I get calls about regularly. Office buildings, single-family homes, multi-family residential properties, schools, and many other facilities are frequent places we get asked to help resolve complaints about IEQ. Oftentimes, a problem is identified during some other assessment…
As a transaction coordinator for CBRE’s Capital Markets Hospitality group, Alix Ayala’s role is akin to that of an air traffic controller. With several deals always inflight, Alix oversees the many details required to complete transactions smoothly and on time…
Three Pillar Communities is a Los Altos, CA, company that invests in and operates mobile home parks. The firm operates 56 mobile home parks in 11 states…
CREtelligent CEO Anthony Romano sat down with Sam Wilson for his Podcast Series to discuss how the RADIUS platform makes the due diligence process faster and easier…
Palos Park, IL-based First Secure Bank & Trust prides itself on the premise that they are a “true” locally owned bank in Illinois. Those local roots drive a commitment…
WattCarbon, a leading provider of end-to-end energy decarbonization management software, and CREtelligent, a leader in commercial real estate due diligence, have launched a co-developed product…
Salt Lake City-based Celtic Bank is one of the top 10 SBA lenders in the nation. In a typical month, the Bank has about 90 SBA transactions in various stages of underwriting…
On Saturday, May 7 a group of CREtelligent employees spent the day pounding nails, drilling holes, sawing wood and painting as part of Habitat for Humanity’s Rock the Block program…
Thank you NAGGL for again hosting a fantastic Spring Conference. The city of Atlanta and venue were great choices, and the sessions, networking, and entertainment were all brilliantly delivered…
On March 14, 2022, the United States Environmental Protection Agency (EPA) issued a direct final rule approving ASTM International (ASTM) Standard E1527-21…
CREtelligent is elated to be selected by Second Century Ventures, the strategic investment arm of the National Association of Realtors® (NAR)…
Laurence Fink, CEO of the major investment management corporation BlackRock, had it right when he proclaimed in an open letter to other executives in 2020…
Espresso Capital announced today that it has provided CREtelligent, a one-stop commercial real estate (CRE) due diligence platform, with a $10 million credit facility…
CREtelligent.com today announced the addition of a Property Condition PreScreen report to its suite of commercial real estate due diligence, PropTech solutions…
CREtelligent today announced the addition of a climate risk assessment report for commercial properties to its suite of commercial real estate due diligence solutions…
In today’s conversation, I sit down with Anthony Romano, the CEO of CREtelligent, a company that powers the commercial real estate space by providing an innovative approach…
The sentiment among those attending the CMBA Western CREF Conference in Las Vegas last week was one of cautious optimism for the balance of ’21 through next year…
About $430 billion in commercial and multifamily mortgage debt is maturing in 2021 and will likely need to be refinanced. Mortgage maturity volumes are forecast to…
Risk is beginning to be analyzed a little differently in commercial real estate. Investors taking a stake in commercial mortgage-backed securities or commercial properties are no longer just…
CREtelligent.com today announced the addition of two new environmental screening tools to its suite of commercial real estate solutions.
Conducting full scale environmental due diligence early in the process isn’t always practical, but with new tools available today, anyone – broker, investor, lender, insurance company – can get an instant view …
CREtelligent.com today announced the addition of two new environmental screening tools to its suite of commercial real estate solutions. Adding to its highly popular EnviroPreScreen (EPS), an aerial map…
The blindsiding impact of COVID-19 has forced commercial real estate professionals to adopt a digital transformation strategy to adapt to the new business climate caused by the pandemic….
When it comes to working from home and the flight from midtown Manhattan offices the past year, one expert on commercial real estate said it isn’t the end of the metro area way of life: it’s a great time to buy.
At CREtelligent we believe onboarding clients is not just an important “get to know our products and services” step, but an incredibly important…
When it comes to working from home and the flight from midtown Manhattan offices the past year, one expert on commercial real estate said it isn’t the end of the metro area way of life: it’s a great time to buy.
CREtelligent.com today announced two new board members: Pat McClain and Tobi Lutz. These new directors will provide strategic direction for continued growth of CREtelligent’s commercial real estate due diligence services platform and help to drive greater value into the CREtelligent vison…
CRE lenders; including traditional banks, credit unions, and non-depository lenders, spend considerable time on credit and capacity, reviewing borrower financial statements and tax returns…
Anthony Romano, CEO of CREtelligent, is turning his focus to commercial real estate, which he said is a dislocated and fragmented market that can benefit from his company’s technology.
CRE lenders; including traditional banks, credit unions, and non-depository lenders, spend considerable time on credit and capacity, reviewing borrower financial statements and tax returns…
Well, we’re officially into March and so many signs point to a continuing recovery as we approach one year living with COVID. The commercial real estate market…
In this six-week series I’m looking to share some insights, along with answers to the types of questions we’ve been getting from our clients.
In this six-week series I’m looking to share some insights, along with answers to the types of questions we’ve been getting from our clients.
In the CRE industry harm includes borrowers having to spend more money than they should have, would have, could have, or worse.
Discover why keeping your environmental policy updated with a review can bring peace of mind during current lending climates.
TechView: CREtelligent Looks to Advance Industry’s Due Diligence Processes
eScreenLogic, a leading provider of commercial real estate due diligence services, is expanding its Platform-as-a-Service (PaaS) technology as a part of its growth…
CREtelligent, Inc. is a comprehensive commercial real estate (CRE) due diligence company that provides access to environmental, valuation, inspection, and flood zone determination…
Gold River-based CREtelligent has acquired Applied Engineering Inc., an environmental consulting and engineering services company based in the Lake Minnetonka area of Minnesota.
CREtelligent™ Nationwide CRE Due Diligence Platform Acquires Applied Engineering, Inc. as Part of Growth StrategyBroadens geographic footprint and expand solutions to the existing CRE portfolio SACRAMENTO, Calif. – Jan. 05, 2021 – CREtelligent, a leading commercial real estate due diligence platform, has acquired Wayzata, MN-based Applied Engineering, Inc., an environmental consulting and engineering services company.
Commercial real estate company eScreenLogic has unveiled its new brand identity as part of its efforts to grow its Platform-as-a-Service (PaaS) technology and other range of services.
eScreenLogic, a leading provider of commercial real estate due diligence services, is expanding its Platform-as-a-Service (PaaS) technology…
SACRAMENTO, Calif.–(BUSINESS WIRE)–eScreenLogic, a leading provider of commercial real estate due diligence services, is expanding its Platform-as-a-Service (PaaS) technology as a part of its growth, and has rebranded to become CREtelligent™.
Why COVID 19 is Making Collateral Certainty a Necessity for Closing Deals in Today’s Environment By: Anthony Romano | 7/20/20 In both residential and commercial underwriting, the world has evolved well beyond the practices of the quintessential (and fictional) banker George Bailey at the Bedford Falls Building & Loan. Back then, lending decisions were heavily
Why an RSRA is a Great Resource. By: eScreenLogic Team | 4/2/20 Just as one property differs from another, not every CRE transaction requires a Phase I ESA. Here are a few good reasons why Desktop Reports are an amazing alternative to traditional environmental due diligence. Record Search with Risk Assessments (RSRA), also referred to
The RSRA Report: Is Less Really More? By: Scott Leonard | 3/25/20 While the Phase I Environmental Site Assessment (ESA) will always be the most thorough and reliable environmental due diligence product, not all loans require or warrant this level of scrutiny. One attractive due diligence alternative is the Small Business Association’s (SBA) Records Search
Can a Dry Cleaner Take You to the Cleaners? By: Scott Leonard | 3/12/20 While the use of HVOCs in the dry cleaning industry has declined in recent years, as recently as 2008, the EPA estimated that 85% of U.S. dry cleaners still used these solvents in their daily operations. Unlike petroleum contaminants, which degrade
ASTM Changes That Could Affect Your CRE TransactionDiscover what is new with ASTM regarding your future Phase I reports By: Scott Leonard | 10/16/19 Change is coming, possibly as soon as the end of 2019! ASTM E1527-13, the Standard Practice for Phase I ESAs is well along in its mandatory revision cycle Emergent trends in
Demystifying Environmental Due Diligence in a CRE Ecosystem Anthony Romano: Hello folks. We’re going to wait 30 seconds for a couple more folks to join and then we’ll kick this off. Okay. I think we’re good to go. So hello and good morning to those of you calling in from the west coast and good
Wendell Sommers is the Chief Operating Officer & President of Fulfillment Operations for CREtelligent. He joined the company as part of the CREtelligent/NexusCRE merger and was the founder and CEO of CRESurveys, the company that rebranded to NexusCRE in 2021. Nexus CRE and CREtelligent merged in July 2022.
Wendell began his tenure in the Commercial Real Estate industry in 1995 when he purchased his first commercial property. At the end of 2011, Wendell accepted the challenge of beginning a family of companies that would provide superior due diligence products supported by unparalleled customer service and started CRESurveys. Under Wendell’s leadership, CRESurveys, and later NexusCRE, grew quickly to become one of the premier providers of due diligence services throughout the U.S. prior to the merger with CREtelligent.
Lucy Mulvey is our Director of Environmental Services and a licensed Professional Geologist (PG) in the State of California. Lucy Joined our CREtelligent team in July 2021 and brings over 15 years of experience in Mining and Exploration (minerals and metals), Assessment and Remediation, Health and Safety, Sustainability, Stormwater Management, Air and Emission Monitoring, Public Drinking Water Quality and Compliance. Her diverse background of skills brings a unique perspective to our team. In addition to her technical knowledge, she is a strong leader who oversees the procedures and training of the consulting services team. Lucy is a member of the Groundwater Resources Association of California, the Professional Environmental Marketing Association, the Association of Environmental & Engineering Geologists, and represents the company in the Environmental Bankers Association.
Eric Morgan serves as CREtelligent’s Chief Strategy Officer. Eric is part of CREtelligent’s leadership team, primarily responsible for CREtelligent’s Mergers & Acquisition strategy and execution, including sourcing opportunities, negotiations, and due diligence for CREtelligent’s acquisitions. Eric is also in charge of third-party alliances and partnership opportunities. Before joining CREtelligent, Eric served as a Managing Director at Wells Fargo Securities, Merlin Securities, Susquehanna International Group, and Bank of America Securities. He has a broad background in finance, operations management, technology, and sales with institutional financial firms. Eric is a graduate of California State University, Sacramento, with a Bachelor’s in Business Administration.
Anthony, our Chief Executive Officer (CEO), joined the CREtelligent (formerly eScreenLogic) team in December of 2018 to lead company business strategy & execution. He spent the better part of the last 15 years in executive and leadership roles at CoreLogic (NYSE: GLGX) and First American Financial (NYSE: FAF), most recently as the Chief Revenue Officer for FAF’s Mortgage Solutions Division. Prior to that, Anthony was a co-founder of CustomerLink Systems, a vertically integrated CRM platform service eventually acquired by Demand Force. He holds a business degree in management and economics from Sacramento State University. He views his role as CEO to evangelize the vision, raise & deploy capital, spread the ethos, and set the pace.
Tobi Lutz, joined CREtelligent (formerly eScreenLogic) in late 2019 as Chief Administrative & Experience Officer. Tobi is an intelligent, action-ready, executive with expertise in organizational development, leadership, employee relations, and management. Over the past 12 years, she was a strategic partner at CoreLogic, where she led a global team as Vice President of Human Resources. Tobi also played an integral part in their mergers and acquisitions deal team.
Chris joins us with over 20 years of experience leading B2B enterprise sales, channel partner management, and business development. His experience and knowledge span globally, having formerly worked for CoreLogic in Australia, as their Director of Banking & Financial Services. Chris brings acute insights into the financial services industry, with a passion for developing and implementing innovative due diligence solutions, which will propel CREtelligent (formerly eScreenLogic) into a new realm of workflow solutions for the Commercial Real Estate Industry. Chris possesses a keen sense of how to build and scale highly effective teams with an eye for developing and implementing innovative solutions.
Christopher is a results-driven professional with 15+ years of business operations, sales, taxation, accounting, and client-relations experience with businesses ranging from early start-up and rapidly growing companies to Fortune 500 global multi-national corporations. After earning his MBA from USC, Chris spent the first part of his career with Pricewaterhouse Coopers in San Francisco working with pre- and post-IPO clients. He later joined Ernst & Young, completed his CPA, and now focuses on business strategy and operational finance.
Mark is a passionate creator, innovator, and business optimizer who thrives on developing teams and systems. He maintains the ability to both develop and execute winning strategies. Mark co-founded and developed CustomerLink Systems, ultimately selling the business to Intuit as a cornerstone of their expansion strategy. He has also served as CEO and COO for several other companies across a variety of industries.
Commercial Real Estate professionals often require a fairly detailed vetting process in order to utilize a new vendor. We get it.
In order to make that process as simple and through for you as possible we have assembled a downloadable “Due Diligence Package” for you to start the ball rolling. As soon as you complete this quick registration form, you will be able to receive our Statement of Qualifications, Certificate of Insurance and our Current Customer Referral list.
