• Office
• Retail
• Multifamily
• Industrial
• Hospitality
• Golf Courses
• Health Clubs
• Marinas
• Mobile Home Parks
• Parking Structures
• Resort Properties
• Restaurants
• Self Storage
• Seniors Housing
• Congregate Care

Norwood’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. This is particularly valuable to conduit lenders as rating agencies look at our unbiased reports with a favorable view.

We look at each property from the lender’s and investor’s perspective. Our experienced team has an extensive background of asset management, loan origination, loan underwriting, 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 alert lenders to issues that may affect a B Piece buyer’s decision making process in CMBS transactions. We can also alert real estate investors to potential lender issues that may affect their ability to finance a project.

Our professionals are located in Colorado, Texas, Georgia, and Maryland. This allows us to provide timely, cost effective real estate analyses across the entire United States and Canada. 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, rating agencies, and CMBS B Piece Buyers. 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, CMBS B Piece Buyers, investors, and special servicers in their essential decision making process.

Engineering
Norwood Consulting Group provides engineering services through ACL Engineering. Our professional engineers provide both civil and traffic engineering services to both the public and private sectors. The ACL Engineering staff has extensive experience in the following areas:

• Construction Projects
• Land Development
• Highway and Roadway Design
• Hydrology Studies
• Traffic Impact Studies
• Traffic Signal Design
• Traffic Simulations and Modeling.

Environmental Consulting
Norwood Consulting Group provides environmental consulting services through Norwood Environmental Group, Inc. Phase I Environmental Site Assessments (ESA’s) are conducted in accordance with standards set forth by the American Society for Testing and Materials (ASTM E 1527-05). Phase I ESA’s typically include the following:

• Site Reconnaissance
• Interviews with the owner, site manager, occupants, local government
   officials, and others knowledgeable about the site conditions
• Available historical review
• Review of regulatory records
• Preparation of a professional report of findings and conclusions

Norwood Environmental Group, Inc. also provides Site Transaction Screens for lenders and property owners. We also provide review of Phase I and Phase II Environmental Site Assessments previously completed by other environmental firms.

Loan Participation Advisory
Norwood Consulting Group assists local and regional banks with their analysis of commercial real estate participation projects. We provide a high level of experience and knowledge that allows smaller banks to make a more informed decision regarding loan participations that may be out of their normal lending area. Additionally, our services can assist originating lenders in the sale of their participations by giving potential participants a level of comfort from a third party’s view of a transaction. Norwood’s professionals have extensive, hands-on experience from both the originating side as well as the purchasing side of loan participations. We understand your business.

Loan Servicing/Asset Monitoring Property Inspections
Norwood Consulting Group also provides annual property inspections for commercial loan servicing clients. We have an extensive loan servicing background and perspective. We know the important issues in asset monitoring for loan servicers. Norwood also offers this service to property owners and investors. This is particularly useful to absentee owners and investors.

Norwood Consulting Group also provides property site inspections for the purpose of verification of capital improvements and loss draft verifications.

Our annual inspection reports also include digital photos of the subject property and issues affecting the asset. These reports provide a cost effective method of monitoring real estate assets and collateral.

Credit Reporting and Analysis
Norwood Consulting Group has online credit reporting terminals through all major credit sources, including Experian, Equifax, TRW, and Trans Union. We provide credit reports for individuals and commercial entities in an easy to read narrative format. Additionally, Norwood Consulting Group provides a written analysis of the applicant's credit history, rating score, and public records filings for use in credit decisions and loan presentations.

Commercial Loan Underwriting
Norwood Consulting Group's seasoned lending professionals provide commercial loan
Underwriting support services according to our clients’ underwriting formats. We have a significant depth of experience from which to draw upon. Our professionals can assist with the following underwriting support functions:

• Initial Loan Sizing
• Historical Operating Data Review and Input
• Resolution of Operating Discrepancies with Owners/Borrowers
• Completion of Underwriting Cash Flow Model
• Lease Abstracts/Lease Reviews
• Reviews of Third Party Reports
• Preparation of Asset Summary and Loan Presentation Model

Agreed Upon Procedures
Norwood Consulting Group provides Agreed Upon Procedures services for both lenders and investors. This process involves financial testing to verify the accuracy of historical operating statements by comparison with rent rolls, bank statements, tax returns, and actual expense invoices. Agreed Upon Procedures assignments are tailored to the needs of each client and each asset. These testing procedures are used by lenders and investors to verify financial performance of commercial real estate projects before making critical loan or investment decisions.

Asset Management
Norwood Consulting Group’s professional staff has an extensive background in commercial real estate asset management. Our professionals have managed assets across the U.S., including troubled assets and trophy properties. We have the knowledge and expertise to either manage or assist in the management of commercial real estate assets, including the development of asset-based business plans and budgets.

Loan Workouts
Norwood Consulting Group’s professionals include seasoned banking professionals with extensive experience in the workout of problem loans. We have the expertise to manage troubled loans and difficult borrowers. Norwood can develop a strategic business plan for the resolution of a troubled loan that maximizes the return on the collateral. We can assist lenders and special servicers in any phase of the workout process or manage it completely. Norwood’s seasoned experts can provide valuable insight due to our many years of dealing with problem loans and assets.