In this day and age, because of environmental concerns with older properties and some newer properties as well, there is always a risk that environmental issues might exist with commercial property. CES has the expertise and ability to order and review Government Record Reviews (GRR’s) and when needed, we can provide accurate guidance when more in-depth research is needed through a Phase I, II or III Environmental Site Assessment.
All environmental assessments that we order fully meet current ASTM guidelines and any of your bank’s supplemental requirements. Our Environmental Review Reports provide clear, full detail and proper guidance to our clients when dealing with high risk collateral.
Rob S. Ely
To Whom It May Concern:
Prosperity Bank is a $22.5B community bank serving Texas and Oklahoma. We engaged Collateral Evaluation Services, CES, to provide us with commercial and residential reviews, evaluations and out of market appraisal ordering and review services.
I’ve known and worked with Larry Woodall for over 10 years. I first engaged CES as Chief Appraiser of Pacific Capital Bancorp, a $10B community bank (now part of Union Bank California). CES performed a portfolio analysis and revaluation for PCB’s CRE portfolio, as well as high dollar and out of market transaction review services. Larry and his team do a fantastic job of providing high quality services in a timely manner meeting or exceeding expectations.
Larry is an invaluable resource assisting us when unique situations arise or highly specialized property types need to be valued. His market knowledge and experience with such a vast array of property types and valuation scenarios has helped us obtain higher quality appraisals and lower our collateral risks. CES’ staff is always helpful and do their utmost to assist when called upon. I highly recommend CES for your appraisal management and service needs.
Robert S. Ely
SVP Chief Appraiser