Commercial Loans: The Power Of Permits By: Craig Higdon | - I've had real incentive to consider this week's topic: How permits affect commercial loan underwriting. Those of you in the business for a while have undoubtedly come across an apartment project, office, or retail project with "un-permitted" additions. To be clear, "un-permitted" work on a property is work that was done without the local city building and safety department knowing about it. Even though it may have been done to the latest code, it was done without the local authority's blessi ... Tags:Commercial Real Estate, commercial loans, underwriting, Crai
