Statement of QualificationS
Denver9483 Devonshire Place
Highlands Ranch, CO 80126(303) 703.3918 • [email protected]
KanSaS city818 Main Street
Grandview, MO 64030816-298-0617 • [email protected]
St. louiS15 Ellis AvenueTroy, MO 63379
(636) 462.4132 • [email protected]
DallaS3415 Custer Road #119
Plano, TX 75023972-769-2529 • [email protected]
www.f3inc.net
taBle of contentS
• Corporate Overview
• Select Project Experience
• Representative Clients /References
• Services
• Key Personnel
• Office Locations
F3, inc. (f3): the collaboration of
experienced professionals focused on
providing high quality Real Estate Due
Diligence and Construction
Management Services to commercial
lending institutions, property managers
and real estate owners.
Accurate, reliable, responsive, real
estate risk management is provided
through comprehensive site assessments,
research and years of applicable
industry experience.
ServiceS offereD incluDe:
• Property Condition Assessments
• Environmental Phase I, & II Assessments
• Environmental Remediation
• Construction Management
• Construction Budget Analysis
• Construction Document Review
• Construction Monitoring
• Engineering Design
f3 has a nationwide network of due
diligence professionals, effectively serving
the real estate lending market on projects
ranging from manufactured housing
communities to high-rise structures to
multi-family residences.
corPorate overvieWform follows function is a principle associated with
modern architecture and industrial design in the 20th Century, which states that the shape of a building or object should be predicated by or based upon its intended function or purpose. Principal partners of f3 developed our name from the guiding principle that the shape of services/products provided to our clients will be predicated by and based upon the intended function of our services and essential purpose of our clients. We feel this principal allows f3 to be efficient, flexible and directly responsible to the clients we serve in the real property industry.
f3, inc.’s essence is experienced real property and engineering professionals focused on providing detailed, high quality real property due diligence and construction monitoring services to commercial and agency lending institutions, property managers and real property owners. Accurate, reliable, and responsive real estate risk management is provided through comprehensive site assessments, condition evaluations, research and years of directly applicable industry experience. The form of our services follow the essential function of your business
We distinguish ourselves by delivering results, which are proven by projects completed on time within budget. f3 brings over twenty two years experience in the construction industry with 16 years directly related to the real estate due diligence consulting market. Our strategic team is well rounded providing vast experience in essentially every due diligence discipline allowing f3 to meet industry’s demands. There is no substitute for practical knowledge and proven performance. We have the industry knowledge and experience, proven quality, technical and management skills to successfully and consistently exceed our client’s needs. Our diverse experience and expertise enable us to take on virtually any commercial project assessment, regardless of its size, location, or complexity. f3 offers a diverse, integrated range of real estate due diligence and construction management services to the financial industry, including Physical Needs Assessments (PNA) / Property Condition
Assessments (PCA), Phase I & II Environmental Assessments (ESA) and Construction Management and/or on-site inspections for loan disbursement/construction progress evaluations.
f3 has completed a multitude of projects under various program guidelines including ASTM, Fannie Mae, Freddie Mac, Conduit, Standard & Poor, Federal Housing and Urban Development (HUD) and client specific guidelines. In closing, the services provided by f3 are designed to direct your existing staff and assist you in addressing your property assessment needs and risks.
We look forward to assisting you with any of your real estate due diligence and / or construction management requirements.
f3, inc. focuses on enhancing the value of investments.
• Experienced Principals successful in managing and closing real estate risk transactions;
- 3,000+ physical needs assessments successfully closed
- 4,500+ environmental assessments successfully closed
- More than $3,000,000,000 of assessed total property values and / or environmental remediation managed
- Project Experience in 50 states, as well as Puerto Rico, Guam, Canada, Mexico and Korea
• Documented record of meeting project deliverables
- 100% of our reports have been delivered on-time
- Surveyed clients report “Excellent” in client responsiveness and timely response.
Don Dietrich, Vice President, Sentinel Real Estate Crop.
“Your technical expertisewas again evident on this project, second only
to your timely response.”
Select ProJect eXPeriencemulti-family reSiDential,
Multiple States - 12/07 (Project Wrangler)• 86multi-familyresidentialproperties
totaling 17,323 units• PhysicalNeedsAssessment• EnvironmentalPhaseIAssessment
(ASTM 1527-05 Guidelines)• AcquisitionthroughFannieMaeGuidelines
aSSiSteD livingMN and WI – 04/08 (Cambridge Pool)• 28assistedlivingfacilities• 561totalresidentrooms• PhysicalNeedsAssessment• EnvironmentalPhaseIAssessment
(ASTM 1527-05 Guidelines)• AcquisitionthroughFannieMaeGuidelines
aSSiSteD livingMultiple States – 05/08 (CIT Healthcare Pool)• 12assistedlivingfacilities• PhysicalNeedsAssessment• EnvironmentalPhaseIAssessment
(ASTM 1527-05 Guidelines)• AcquisitionthroughFannieMaeGuidelines
loSS mitigationMultiple States – 2015• 62MFhousingproperties• PhysicalNeedsAssessment• EnvironmentalPhaseIAssessment
(Fannie Mae Guidelines)• Watchlist&lossassessments
multi-family reSiDentialSan Bernardino County, CA – 02/09 (San Bernardino Pool)• 8multi-familyresidentialproperties
totaling 300 units• PhysicalNeedsAssessment• EnvironmentalPhaseIAssessment
(ASTM 1527-05 Guidelines)• AcquisitionthroughFannieMaeGuidelines
multi-family reSiDentialMultiple States – 02/09 (Camden Pool)• 11multi-familyresidentialproperties
totaling 4,995 units• PhysicalNeedsAssessment• EnvironmentalPhaseIAssessment
(ASTM 1527-05 Guidelines)• AcquisitionthroughFannieMaeGuidelines
multi-family reSiDentialMultiple States – 2015 (Class A Multi-Family)• 7multi-familyresidentialproperties
totaling 3,931 units• PhysicalNeedsAssessment• EnvironmentalPhaseIAssessment
(ASTM 1527-05 Guidelines)• AcquisitionthroughFannieMaeGuidelines
StuDent HouSingCities in Georgia – 2014 (Student Housing)• 18studenthousingproperties
totaling 6,195 units• PhysicalNeedsAssessment• EnvironmentalPhaseIAssessment
(ASTM 1527-05 Guidelines)
rePreSentative clientS• Omega Health Care• Arbor Commercial Mortgage• Capital One• Dougherty Mortgage• Hunt Mortgage• Berkadia Commercial Mortgage• Education Realty Trust• Lancaster Pollard• Love Funding• Gershman Mortgage• Oak Grove Capital• Amerisphere• Q10 Triad• HSBC• Walker Dunlop• Berkeley Point Capital• Prudential Mortgage Capital• PNC Commercial Mortgage • Fannie Mae• Freddie Mac• Greystone Financial Group• M&T Realty Capital Corporation• Red Capital Group• Sentinel Real Estate Corporation• Acre Capital• Midland Loan• Homestreet Capital• Citi Group• Bellwether Enterprise• Meridian Capital• PPM America• Legacy Texas• Wells Fargo• Ready Cap• Grandbridge• Northmarq
client referenceSmr. Jeff Durnil, Vice President PNC Commercial Mortgage CO Indianapolis, Indiana • 317.228.0400
mr. olan Brevard, Education Realty Trust (REIT)
530 Oak Court Drive Memphis, TN 38117 • 901.259.2503 [email protected]
ms. Sheri thompson, Chief Operating OfficerPrudential Mortgage Capital Company - Agency Lending Group4350 N. Fairfax DriveArlington, VA 22203 • [email protected]
mr. Don Detrich, Senior Vice President Sentinel Realty Corporation St. Louis, MO • 636.272.5025
ServiceSServices offered by f3 include:
• Physical Condition Assessments (PCA)
• HUD MAP 223 (F)
• HUD LEAN 232
• USDA Capital Needs Assessments
• Environmental Phase I, & II Assessments (ESA)
• Environmental Remediation Management
• Construction Budget Analysis
• Construction Document Review
• Construction Monitoring (CPM)
• Expert Witness Testimony
• Asset Management Inspection Training (MBA)
• Annual Asset Inspection
Key PerSonnel
chris W. Davis
Mr. Davis has more than 20 years experience in general contracting and conducting Phase I Environmental Site Assessments and Physical Needs Assessment of commercial, industrial and multi-family residential properties throughout the United States for a wide range of clients.
Mr. Davis worked directly for the largest Fannie Mae Delegated Underwriting and Servicing (DUS) lender in the United States as Technical Services Manager, performing in-house real estate due diligence and adding technical support to underwriters on a variety of environmental and physical needs issues. More recently, Mr. Davis founded an individually owned, full service real estate due diligence firm (ICSI) that has provided all aspects of Environmental Phase I and Physical Needs Assessment services to commercial lenders and property owners throughout the United States.
In addition, Mr. Davis has managed multiple construction projects ranging from tenant improvements to “ground-up” build-outs including bio-tech facilities, restaurants, single family residential units, commercial tilt-up buildings, retail outlets and office space.
For a national real estate consulting firm Mr. Davis served as Project Manager and Training Manager, where he provided real estate risk analysis for a diversified client base and implemented a training program for new-hire “Project Consultants.”
randy Davis
Mr. Davis has more than 30 years experience conducting Phase I and II and III Environmental Site Assessments and Remediation of commercial, industrial and multi-family residential properties throughout the United States for a wide range of clients.
During this time he has been a Site Superintendent, EPA Emergency Response Manager, Dioxin Excavation Team Supervisor, ERCS Zone 4A Contract Field Coordinator, the ERCS Zone 4A Contract Program Manager, and the EPA Region VII ERRS Contract Program Manager.
Mr. Davis has more than 50 large environmental remediation projects to his credit, which include major oil spills, dioxin removals, pesticide cleanups, PCB removals, lead abatement, asbestos abatement, and metal plating shop cleanups. Additionally Mr. Davis has 11 years experience in performing Property Condition/Physical Needs Assessments at commercial, industrial and multi-family residential properties nationwide.
Mr. Davis has prepared written reports in formats prescribed by various fiduciary institutions and performed peer reviews on environmental site assessments completed by other environmental firms.
Brian lenk, CEM, CEI
Mr. Lenk has more than 13 years experience conducting Environmental Site Assessments and Remediation of commercial, industrial and multifamily residential properties throughout the United States for a wide range of clients. During this time, he has been a Project Cost Accountant, Site Superintendent, U.S. EPA Emergency Response Manager and District Manager for government contracts in the West and Midwest.
Mr. Lenk has more than 40 large environmental remediation projects to his credit, which include major oil spills, dioxin removals, pesticide cleanups, PCB removals, lead abatement, asbestos abatement, and residential lead removals. Mr. Lenk has prepared written reports in formats prescribed by various fiduciary institutions and developed QA/QC, Health & Safety and Sampling Plans for large environmental cleanups involving transportation and disposal of hazardous waste.
In addition to on site environmental work Mr. Lenk has four years experience in performing Property Condition/Environmental Site Assessments at commercial, industrial and multi-family residential properties nationwide. Recently, Mr. Lenk coordinated and managed a project in Utah for a client that involved property condition assessments, sampling and remediation of housing properties that were suspected of being used as clandestine drug labs. Mr. Lenk’s environmental experience across public and private sectors is a major contribution to f3 in all areas of the United States.
tom rothermich, P.E.
Mr. Rothermich has more than 30 years experience in civil and environmental engineering where he has been responsible for all aspects of project management and engineering from investigation through construction including coordination and communication with clients, municipalities, contractors, and sub-contractors. He is experienced in preparing project scope, budget, and proposals; developing and executing field investigations and laboratory testing programs; completing engineering analyses; preparing technical reports; and observing geotechnical aspects of construction.
Engineering analyses included shallow and deep foundations, slope stability evaluation, monitoring, and stabilization, shoring, retaining wall design, storm water infiltration, pavement design, and seismic evaluations.
Mr. Rothermich has also managed a broad range of site assessments, soil and groundwater investigations, facility audits, soil remediation projects, waste minimization projects, and environmental due diligence services. Responsibilities included regulatory agency negotiations, preparing work plans, evaluating analytical data, developing cost estimates, managing field efforts, client coordination, and cost and schedule controls.
Project types included a wide range of commercial, municipal, industrial facilities and residential developments.
aSSociate PerSonnelf3 maintains a nationwide network of due
diligence professionals, effectively serving the real estate lending market on projects ranging from manufactured housing communities to high-rise structures to multi-family residences.
PerSonnel incluDe• randy Davis, St. Louis, MO
• chris Davis, Denver, CO
• thomas rothermich, P.e., Kansas City, MO
• James Sheehan, Denver, CO
• Brian lenk, St. Louis, MO
• Jared morrison, St. Louis , MO
• Jason arnold, St. Louis, MO
• W. maxwell Davis, St. Louis, MO
• Kristopher lindsey, St. Louis, MO
• Jeff roden, Plano, TX
• mary “meg” mcguire, Plano, TX
• erin Kleppe, Plano, TX
• Drew Hayes, Kansas City, MO
• eric ferguson, St. Louis, MO
• erin luaders, St. Louis, MO
• Scott Hendrickson, St. Louis, MO
ProfeSSional allianceSf3 maintains a unique alliance with
specific firms that allow us to fortify our roofing, mechanical, conveyance systems, environmental and seismic due diligence reporting.
allianceS incluDe• RMT Roofing Waterproofing
• Hughes Engineering (HVAC)
• Elevators Unlimited, Inc.
• Professional Abatement / Remediation Technologies (PART)
• Environmental Operations (Phase II Specialists)
• Environmental Data Resources (EDR)
• JS Dyer and Associates
• Atkins A&E
• Southern California Soil & Testing
• ER,LLC
office locationS
Denver, coloraDo
9483 Devonshire Place
Highlands Ranch, CO 80126
Tel: 303.703.3918
Fax: 303.703.3557
KanSaS city, miSSouri
818 Main Street
Grandview, MO 64030
Tel: 816.298.0617
St. louiS, miSSouri
15 Ellis Avenue
Troy, Missouri 63379
Tel: 636.462.4132
Fax: 636.462.4139
Cell: 636.262.1757
DallaS, teXaS
3415 Custer Road #119
Plano, TX 75023
Tel: 972.769.2529
Fax: 972.769.2521
www.f3inc.net
letter of reference
To Who It May Concern :
Please accept this correspondence as my letter of reference for f3, inc. Real Property Consultants.
I am Don Detrich, Vice President of Engineering for Sentinel Real Estate Corporation, an international pension fund investment firm specializing in commercial real estate investment.
f3, inc. has reliably and capably performed Physical Needs Assessments for my Commercial Real Estate acquisitions and operations over the last few years. f3, inc. has routinely assisted my firm with capital needs assessments and programs, to assure our real estate product is in Class A marketable condition. f3, inc. has assisted my firm with these services for millions of square feet of commercial real estate product throughout the United States.
I endorse f3, inc. to you with the very highest endorsement for your property consulting needs. Please do not hesitate to contact me if I might be able to provide further reference for the capabilities of this firm.
Sincerely,
Don r. Detrich Vice President, Engineering Sentinel Real Estate Corporation 204F West Pitman O’Fallon, Mo. 63366 Phone 636.272.5025 Email : [email protected]
