Nate Gillette

About Nate Gillette

Nate Gillette is an award winning licensed Architect with a passion for sustainability and making buildings perform better. He is the Director of Natura Architectural Consulting and an Editorial Advisory Team member and contributing writer to Retrofit Magazine.

About Nate Gillette

Nate Gillette is an award winning licensed Architect with a passion for sustainability and making buildings perform better. He is the Director of Natura Architectural Consulting and an Editorial Advisory Team member and contributing writer to Retrofit Magazine.

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Here are my most recent posts

Property Resilience Assessments for LIHTC Transactions: What Lenders and Equity Investors Need to Know

Affordable housing assets carry a long tail of financial obligations. A Low-Income Housing Tax Credit (LIHTC) deal is typically underwritten against a 15-year compliance and regulatory agreement period — and in many cases, the physical asset is expected to perform well beyond that. When a property's long-term viability depends on sustained occupancy, income, and regulatory [...]

Construction Loan Monitoring vs. LIHTC Equity Investor Monitoring

If you've been through a LIHTC deal, you've probably had two different inspectors knocking on your door — one representing the lender, one representing the tax credit equity investor. They might both be reviewing the same construction site, but they're asking very different questions. Understanding the difference between these two roles isn't just useful trivia. [...]

What Every LIHTC Lender Should Know About the AIA Contract

If you are a lender or equity investor closing a LIHTC construction or rehabilitation transaction, the AIA contract is almost certainly sitting in your closing package. You may have a lawyer review it for legal risk. You may have a financial underwriter check the contract sum against the sources and uses. But unless you have [...]

What Is ASTM E3429? A Plain-Language Guide for Real Estate Lenders and Investors For Property Resilience Assessments

If you've been hearing the term "Property Resilience Assessments" in due diligence conversations lately, you're not imagining it. ASTM International published a new standard in October 2024 — ASTM E3429, the Standard Guide for Property Resilience Assessments — and it's beginning to show up in lender discussions, investor underwriting conversations, and industry conferences across the [...]

5 ALTA Survey Red Flags That Can Derail a Real Estate Closing

ALTA survey due diligence is one of the most technical — and most underappreciated — parts of a commercial real estate transaction. The ALTA/NSPS Land Title Survey is prepared by a licensed surveyor and reviewed by a title attorney, but neither discipline brings the construction and site development perspective needed to catch the issues most [...]

Rusting Dilemma: The Challenges of Galvanized Plumbing in Multifamily Buildings

In the labyrinth of pipes that weave through multifamily buildings, the choice of plumbing materials plays a critical role in the longevity and functionality of the plumbing system. One material that has been a historical stalwart, yet poses challenges over time, is galvanized plumbing. In this blog post, we'll delve into the issues associated with [...]

Hidden Threats: Navigating Problem Drywall in Multifamily Buildings

In the world of construction, the walls that surround us provide shelter and security. However, a potential health issue has emerged—problem drywall, often associated with the term "Chinese" drywall. In this blog post, we'll explore the complexities surrounding problem drywall in multifamily buildings, understanding its origins, and navigating the challenges it presents to property owners, [...]

Unlocking Success: Avoiding Construction Delays in Real Estate Projects

Embarking on a real estate project is an exciting venture, but the journey is not without its challenges. Construction delays can be a major roadblock, impacting timelines, budgets, and overall project success. At Natura Architectural Consulting, we understand the importance of staying on track. In this post, we'll share valuable insights on how to navigate [...]

Unveiling Risks: The Dangers of Cadet Wall Heaters in Apartments

Cadet wall heaters (Sometimes branded as Encore) have been used in multifamily buildings from the 1970s until the early 2000s when they were recalled by the U.S. Consumer Product Safety Commission. The heaters were sold and distributed primarily in California, Idaho, Montana, Oregon, and Washington but have been discovered nationwide, particularly in mild heating climates. [...]

Navigating Smoothly: Preventing Scope Creep in Construction

Embarking on a construction project is an intricate dance of planning, execution, and adaptation. However, there's a lurking challenge that can disrupt this delicate balance—scope creep. In this blog post, we'll explore the concept of scope creep, its potential impact on construction projects, and effective strategies to prevent it. The Uninvited Guest in Construction Scope [...]

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