When:
07/25/2018 @ 1:00 pm – 2:00 pm
2018-07-25T13:00:00-05:00
2018-07-25T14:00:00-05:00
Cost:
Free
Contact:
David Basen
949-407-6140
Webinar: Government Required Seismic Retrofit Programs

Los Angeles is requiring tens of thousands of buildings to undergo earthquake retrofitting. Portland may be following suit shortly requiring all unenforced masonry buildings to undergo mandatory seismic retrofitting. What do you need to know as a lender making a loan that needs a seismic retrofit.

What you can expect to takeaway from this presentation:

  • The scope, timeline and requirements of the Los Angeles mandatory seismic retrofit program;
  • How to identify whether the property you are making a loan on is effected;
  • What mandates are being proposed in Portland and how they differ from Los Angeles;
  • Understand the opportunity lenders have for multifamily rental properties with many of the owners will want or need financing for the proposed retrofit;
  • How to underwrite, evaluate and administer a loan secured by these properties;
  • What modifications you will want and need in your loan documents when making a loan on an effected property.

Presented by:

Nema Daghbandan, Geraci LLP

Charles Kim, Logix FCU

Register Here