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It’s A Good Time To Be Green

It's A Good Time To Be Green Green Financing for Multifamily Housing For just over a year, the Fannie Mae Green Rewards and Freddie Mac Green Advantage programs have been running at full speed. Both programs offer attractive benefits, in the form of pricing discounts and underwriting of cost savings, to borrowers looking to purchase or refinance a multifamily property.  Borrowers are incentivized to make energy- and water-saving improvements to their properties, and the benefit is multifaceted. Borrowers both save money over the ... Read more

Construction Services Group Case Study: Arrivé Tower

Construction Services Group Case Study: Arrivé Tower Nova Consulting’s Veteran Construction Services Group Streamlines Management Of 41-Story, $225 Million Skyscraper Project Summary: Nova’s Construction Services Group performed an upfront Construction Document Review before assuming responsibility of both construction loan monitoring and servicer reporting. This dual role has provided the clients a more holistic view of hard and soft costs associated with the construction of Arrivé Tower in Seattle. Highlights: Nova has drawn on its deep experience to provide a comprehensive view of project expenses by reporting ... Read more

Case Study – A Solution for Site Closure

A regional bank client had foreclosed on a property impacted by petroleum contamination to the soil and groundwater. Working with another consultant, a cleanup had been underway for several years when the client received a shut-down notice from the local air regulatory agency saying that permit conditions had been violated. The client wanted Nova to review existing information and either take over the cleanup, come up with a better solution to get site closure, or manage the other existing consultant. Following review ... Read more