This document provides information about home loan programs and the mortgage application process. It discusses several loan options for first-time homebuyers including down payment assistance programs and conventional or adjustable rate loans. The document lists the documents required for a mortgage application such as pay stubs, tax returns, bank statements, and asset and liability accounts. It encourages contacting the loan partner to get started on shopping for a new home and completing the loan process.
This document discusses condominium reserve accounts. It explains that Florida law requires condominium associations to budget annual reserves for any maintenance or replacement item over $10,000 based on its estimated life and cost. While associations must budget reserves, owners can waive collections. If reserves are inadequate when needed, owners face special assessments. The document advises buyers to check reserve budgets and funding levels to avoid surprises, as reserves can increase a unit's value by $20,000. It also notes that reserves become more important as a building ages.
This document is a settlement statement for a property purchase by Lile Yang at 27496 LIMONES, MISSION VIEJO, CA 92691. It details deposits, loan amounts, closing costs, taxes, insurance, and other fees associated with the purchase. The borrower, Lile Yang, is obtaining a loan of $774,250 and bringing $30,500 to closing. Total closing costs are $19,165.08 due from the borrower. The document provides a full accounting of the financial transactions for the property settlement.
This document summarizes cash management and treasury solutions for the real estate industry presented by Bernadette Knight and Lyndie Fasold. It outlines challenges faced by real estate companies, such as managing bank accounts and tenant collections. It then describes Citibank's cash management products and solutions, including lockbox services, remote check deposit, ACH origination, account reconciliation, and security deposit accounts to help address these challenges. The presentation aims to demonstrate how Citibank's treasury management services can help real estate firms minimize risk, maximize returns, and increase operational efficiency.
This document provides a summary of a presentation titled "Section 1031 Exchanges in the 21st Century – Regulatory Changes and Case Law Impact". The presentation discusses IRS code Section 1031 which allows for the deferral of capital gains taxes when property held for business or investment is exchanged for like-kind property. It covers topics such as what qualifies as like-kind property, identification and exchange time periods, qualified intermediary requirements, Treasury Inspector General reports on qualified intermediaries, and considerations for choosing a qualified intermediary.
1. The document outlines 3 steps to achieving brand advocacy: authenticity, context, and trust.
2. Authenticity involves representing your brand through genuine partnerships and endorsements. Context provides relevant experiences that resonate with audiences.
3. Trust is built through demonstrating love for customers and encouraging them to share their experiences using your brand's messaging. Following these three steps can help drive brand advocacy.
DRESCA - The New State of Lending - a GreenPearl Events TeleconferenceRyan Slack
The document summarizes a teleconference that discussed the evolving state of lending, loan workouts, and distressed debt buying opportunities. It provides biographies of three speakers - Jeff Friedman of Mesa West Capital, Troy Miller of Ocean West Capital Partners, and Steven Orchard of George Smith Partners - who discussed these topics. It also advertises an upcoming Distressed Real Estate Summit in California on February 4th.
The document describes four sponsorship levels for the Distressed Real Estate Summit in New York hosted by GreenPearl Events: Lead Sponsorship for $10,000, Standard Level Sponsorship for $4,000, Exhibitor for $2,200, and Cocktail Reception Sponsorship for $5,000. The highest Lead Sponsorship level includes benefits like speaking roles, prominent logo placement, and email marketing reaching over 400,000 members. GreenPearl Events produces real estate conferences and maintains a database of over 450,000 industry professionals to promote events and networking opportunities.
This document provides information about home loan programs and the mortgage application process. It discusses several loan options for first-time homebuyers including down payment assistance programs and conventional or adjustable rate loans. The document lists the documents required for a mortgage application such as pay stubs, tax returns, bank statements, and asset and liability accounts. It encourages contacting the loan partner to get started on shopping for a new home and completing the loan process.
This document discusses condominium reserve accounts. It explains that Florida law requires condominium associations to budget annual reserves for any maintenance or replacement item over $10,000 based on its estimated life and cost. While associations must budget reserves, owners can waive collections. If reserves are inadequate when needed, owners face special assessments. The document advises buyers to check reserve budgets and funding levels to avoid surprises, as reserves can increase a unit's value by $20,000. It also notes that reserves become more important as a building ages.
This document is a settlement statement for a property purchase by Lile Yang at 27496 LIMONES, MISSION VIEJO, CA 92691. It details deposits, loan amounts, closing costs, taxes, insurance, and other fees associated with the purchase. The borrower, Lile Yang, is obtaining a loan of $774,250 and bringing $30,500 to closing. Total closing costs are $19,165.08 due from the borrower. The document provides a full accounting of the financial transactions for the property settlement.
This document summarizes cash management and treasury solutions for the real estate industry presented by Bernadette Knight and Lyndie Fasold. It outlines challenges faced by real estate companies, such as managing bank accounts and tenant collections. It then describes Citibank's cash management products and solutions, including lockbox services, remote check deposit, ACH origination, account reconciliation, and security deposit accounts to help address these challenges. The presentation aims to demonstrate how Citibank's treasury management services can help real estate firms minimize risk, maximize returns, and increase operational efficiency.
This document provides a summary of a presentation titled "Section 1031 Exchanges in the 21st Century – Regulatory Changes and Case Law Impact". The presentation discusses IRS code Section 1031 which allows for the deferral of capital gains taxes when property held for business or investment is exchanged for like-kind property. It covers topics such as what qualifies as like-kind property, identification and exchange time periods, qualified intermediary requirements, Treasury Inspector General reports on qualified intermediaries, and considerations for choosing a qualified intermediary.
1. The document outlines 3 steps to achieving brand advocacy: authenticity, context, and trust.
2. Authenticity involves representing your brand through genuine partnerships and endorsements. Context provides relevant experiences that resonate with audiences.
3. Trust is built through demonstrating love for customers and encouraging them to share their experiences using your brand's messaging. Following these three steps can help drive brand advocacy.
DRESCA - The New State of Lending - a GreenPearl Events TeleconferenceRyan Slack
The document summarizes a teleconference that discussed the evolving state of lending, loan workouts, and distressed debt buying opportunities. It provides biographies of three speakers - Jeff Friedman of Mesa West Capital, Troy Miller of Ocean West Capital Partners, and Steven Orchard of George Smith Partners - who discussed these topics. It also advertises an upcoming Distressed Real Estate Summit in California on February 4th.
The document describes four sponsorship levels for the Distressed Real Estate Summit in New York hosted by GreenPearl Events: Lead Sponsorship for $10,000, Standard Level Sponsorship for $4,000, Exhibitor for $2,200, and Cocktail Reception Sponsorship for $5,000. The highest Lead Sponsorship level includes benefits like speaking roles, prominent logo placement, and email marketing reaching over 400,000 members. GreenPearl Events produces real estate conferences and maintains a database of over 450,000 industry professionals to promote events and networking opportunities.
This document summarizes asset protection strategies for physicians. It discusses how physicians are at high risk of creditors and lawsuits due to their occupation. It then outlines various solutions to manage this risk, including proper titling of assets, exemption planning, use of trusts, LLCs and partnerships to protect assets. It cautions that offshore trusts should not be used solely to avoid taxes or hide assets, as that may constitute fraud. Finally, it stresses that developing a comprehensive asset protection plan before creditors arise can help manage risks.
This document provides an overview and summary of New York law regarding bad faith claims against insurance companies. It discusses what constitutes a prima facie case of bad faith refusal to settle, including establishing gross disregard of the insured's interests and loss of an actual settlement opportunity. Factors courts consider in determining bad faith are outlined. The document also reviews key cases like Pavia v State Farm that changed the bad faith litigation landscape in New York.
Transfer penalties for VA claimants are expected to be implemented in February 2016. What does that mean for your trust drafting services? Will we need to change the language in our trusts? Or, worse yet, start using totally new trusts? Attend the upcoming VA Tech School Training with Dave & Victoria on December 2nd at 12 EST on Drafting Trusts After the Laws Change.
The document summarizes two court cases - Buzzle and OneTel - that dealt with liquidators seeking litigation funding. In both cases, the courts found that the liquidators had delayed too long in pursuing claims, violating the courts' rules. For Buzzle, the delay was from 2002 until a claim was filed in 2006. For OneTel, the delay was from 2001 until the claim was served in 2010. The courts emphasized that liquidators must balance competing interests efficiently and cannot delay proceedings solely to obtain the best funding deal for litigation.
This document provides guidance on the critical steps after concluding a state civil trial, including strategies for obtaining appellate attorney fees, formulating a final judgment, requesting findings of fact and conclusions of law, preserving errors for appeal, enforcing and superseding the judgment, and taking an initial appeal. It outlines estimating appellate attorney fees, crafting a proposed judgment, filing requests for findings of fact and conclusions of law, preserving post-verdict errors, perfecting an appeal, and advising clients on realistic expectations for appeal. Key steps to perfecting an appeal include filing a notice of appeal, docketing statement, requesting the clerk's and reporter's records, and using the new Attorney Portal resources.
NBI 2014 Probate Process from Start to Finish - Administering the Estate Effe...gallowayandcollens
This document discusses the probate process from start to finish. It covers responding to creditors' claims, determining insolvency, managing estate cash responsibly, disclaimers, and partial distributions. The personal representative is responsible for overseeing the estate, including allowing or disallowing claims, determining if there are sufficient assets, managing investments prudently, and making distributions to beneficiaries. The document provides guidance on handling each step of the probate administration process effectively.
This document provides a summary of key Wisconsin insurance law decisions from 2017. It discusses cases related to determining what constitutes an "occurrence" under insurance policies, the application of policy exclusions, extracontractual and statutory remedies, coverage for additional insureds, notice of claims requirements, and other miscellaneous issues. The document outlines the facts, issues, and holdings of several appellate court decisions from Wisconsin and other jurisdictions.
Recent California Appellate Cases that Affect Real Estate v2Michael Slattery
The document summarizes several recent California appellate court cases that affect real estate lenders. It discusses cases related to deficiency judgments after short sales, violations of the "one form of action" rule, borrowers bringing "mass actions" against lenders, and a borrower's standing to challenge a foreclosing lender's chain of title.
The document provides information on Section 1031 like-kind exchanges, including the different types of exchanges such as forward, reverse, and improvement exchanges. It discusses the types of assets that can be exchanged, and provides details on how forward and reverse exchanges work, common issues that arise, and related party exchange rules. The biography at the end introduces Andy Gelson as the vice president who can provide additional information on like-kind exchange strategies.
Underwriting is the process by which lenders assess risk and set appropriate borrowing rates. It involves checking an applicant's credit history, income verification, property appraisal, and title search. The underwriter evaluates the applicant's credit score, credit report, and intended property. Underwriting ensures fair pricing of risk and helps determine if a loan is approved, rejected, or conditionally approved. The full process from application to funding typically takes 40-50 days.
This document provides information about understanding credit scores. It discusses establishing credit by applying for credit cards and making on-time payments. A credit report contains personal information, credit account history, public records, and credit inquiries. Credit scores summarize this information as a single number between 300-850, and are calculated based on payment history, amount owed, length of credit history, new credit, and type of credit used. The document provides tips for obtaining credit reports, using credit scores to improve credit, and cautions when applying for loans.
This document provides information about understanding credit scores. It discusses the purpose of credit reports, the information included in credit reports, factors that affect credit scores, how to obtain credit reports, and tips for credit repair. Specifically, it notes that credit reports are used to assess credit risk, include personal information and payment history, and credit scores range from 300-850. Payment history, debt amounts, credit history length, new credit, and credit types are the main factors impacting credit scores.
Mary Ann Redd has over 20 years of experience in legal document processing, paralegal work, and banking. She has held positions at various law firms, banks, and non-profits processing documents, assisting with intake, and providing clerical support. Redd has received extensive training and certifications in banking, trust and estate law, and paralegal studies.
DiConza's slides on bankruptcy law, from NYU class, 2013.pdfChristian Olesen
The document provides an overview of corporate bankruptcy and restructuring options, including:
1) Most large companies attempt to privately restructure debt through a workout before filing for Chapter 11 bankruptcy due to the direct and indirect costs of bankruptcy.
2) Eligible entities for different bankruptcy chapters include individuals, corporations, and certain special entities like railroads and stockbrokers.
3) The main types of bankruptcy cases are liquidation under Chapter 7 and reorganization under Chapter 11, and cases can be voluntary or involuntary.
4) Key aspects of bankruptcy include the automatic stay, creation of an estate, claims process, and ability to obtain financing through use of cash collateral or debtor-in-possession financing.
The document discusses various asset protection strategies that can be incorporated into estate planning. It outlines 6 key strategies: 1) insurance, 2) asset protection trusts, 3) limited liability companies, 4) retirement accounts, 5) marital and credit shelter trusts, and 6) gifts to irrevocable trusts. It provides details on how each strategy works and its benefits. It emphasizes that asset protection planning should be woven into estate planning to better protect clients' assets from creditors.
This document discusses considerations for defense attorneys in evaluating whether to settle a case. It notes that the attorney must remember who the client is and act in the client's best interests. Key factors to consider include the strength of liability, potential damages, insurance coverage issues, and other litigation that could further erode available coverage. Settlement amounts must be appropriate given the implications of a large or small settlement. Non-monetary terms like release terms, confidentiality, and payment structure are also important to consider, as are any liens. The attorney should discuss settlement terms with opposing counsel.
This webinar will give you a look ahead into 2016 and what's to come this year in financing. Our Mortgage expert and preferred lender for over 10 years will be discussing changes to interest rates, Fannie and Freddie guideline changes, and what types of loan programs are available for investors of all types.
Right now interest rates are the lowest our country has ever seen and likely to see ever, but what does this year have in store for interest rates and qualification guidelines?
Our mortgage expert will be teaching you:
- Which programs are available for investment property financing
- How to know if YOU qualify
- How long you can expect the transaction to take
- How you will know if your property will cash flow
- Where interest rates are and where they are headed
- Lending qualifications for conventional financing, and more!
On this presentation you will learn the power of using OPM (Other People's Money) to turn a small amount of money into a lot by the power of leverage.
This document provides a summary of an engineering tax services presentation. It discusses various tax strategies and incentives including cost segregation studies, energy tax credits under 179D and 45L, and the new IRS tangible property regulations. Cost segregation allows for accelerated depreciation by reclassifying portions of real property as personal property. Energy tax incentives provide deductions or credits for energy efficient commercial buildings. The presentation also reviews potential impacts of proposed Trump tax reforms and provides case studies on clients who benefited from these engineered tax strategies.
Marcus & Millichap / IPA Multifamily Forum: New England 2017 - Speaker SlidesRyan Slack
This document discusses several topics related to real estate development in Boston, including:
1) Mid-luxury multifamily developments between 10-15 stories that offer efficient floor plans and amenities at a price point between $850-$1200 per square foot.
2) Place-making approaches to designing public spaces that promote community health, happiness, and well-being.
3) A developer discusses how increasing building heights by one floor could increase units by 20% and discusses related feasibility considerations.
This document summarizes asset protection strategies for physicians. It discusses how physicians are at high risk of creditors and lawsuits due to their occupation. It then outlines various solutions to manage this risk, including proper titling of assets, exemption planning, use of trusts, LLCs and partnerships to protect assets. It cautions that offshore trusts should not be used solely to avoid taxes or hide assets, as that may constitute fraud. Finally, it stresses that developing a comprehensive asset protection plan before creditors arise can help manage risks.
This document provides an overview and summary of New York law regarding bad faith claims against insurance companies. It discusses what constitutes a prima facie case of bad faith refusal to settle, including establishing gross disregard of the insured's interests and loss of an actual settlement opportunity. Factors courts consider in determining bad faith are outlined. The document also reviews key cases like Pavia v State Farm that changed the bad faith litigation landscape in New York.
Transfer penalties for VA claimants are expected to be implemented in February 2016. What does that mean for your trust drafting services? Will we need to change the language in our trusts? Or, worse yet, start using totally new trusts? Attend the upcoming VA Tech School Training with Dave & Victoria on December 2nd at 12 EST on Drafting Trusts After the Laws Change.
The document summarizes two court cases - Buzzle and OneTel - that dealt with liquidators seeking litigation funding. In both cases, the courts found that the liquidators had delayed too long in pursuing claims, violating the courts' rules. For Buzzle, the delay was from 2002 until a claim was filed in 2006. For OneTel, the delay was from 2001 until the claim was served in 2010. The courts emphasized that liquidators must balance competing interests efficiently and cannot delay proceedings solely to obtain the best funding deal for litigation.
This document provides guidance on the critical steps after concluding a state civil trial, including strategies for obtaining appellate attorney fees, formulating a final judgment, requesting findings of fact and conclusions of law, preserving errors for appeal, enforcing and superseding the judgment, and taking an initial appeal. It outlines estimating appellate attorney fees, crafting a proposed judgment, filing requests for findings of fact and conclusions of law, preserving post-verdict errors, perfecting an appeal, and advising clients on realistic expectations for appeal. Key steps to perfecting an appeal include filing a notice of appeal, docketing statement, requesting the clerk's and reporter's records, and using the new Attorney Portal resources.
NBI 2014 Probate Process from Start to Finish - Administering the Estate Effe...gallowayandcollens
This document discusses the probate process from start to finish. It covers responding to creditors' claims, determining insolvency, managing estate cash responsibly, disclaimers, and partial distributions. The personal representative is responsible for overseeing the estate, including allowing or disallowing claims, determining if there are sufficient assets, managing investments prudently, and making distributions to beneficiaries. The document provides guidance on handling each step of the probate administration process effectively.
This document provides a summary of key Wisconsin insurance law decisions from 2017. It discusses cases related to determining what constitutes an "occurrence" under insurance policies, the application of policy exclusions, extracontractual and statutory remedies, coverage for additional insureds, notice of claims requirements, and other miscellaneous issues. The document outlines the facts, issues, and holdings of several appellate court decisions from Wisconsin and other jurisdictions.
Recent California Appellate Cases that Affect Real Estate v2Michael Slattery
The document summarizes several recent California appellate court cases that affect real estate lenders. It discusses cases related to deficiency judgments after short sales, violations of the "one form of action" rule, borrowers bringing "mass actions" against lenders, and a borrower's standing to challenge a foreclosing lender's chain of title.
The document provides information on Section 1031 like-kind exchanges, including the different types of exchanges such as forward, reverse, and improvement exchanges. It discusses the types of assets that can be exchanged, and provides details on how forward and reverse exchanges work, common issues that arise, and related party exchange rules. The biography at the end introduces Andy Gelson as the vice president who can provide additional information on like-kind exchange strategies.
Underwriting is the process by which lenders assess risk and set appropriate borrowing rates. It involves checking an applicant's credit history, income verification, property appraisal, and title search. The underwriter evaluates the applicant's credit score, credit report, and intended property. Underwriting ensures fair pricing of risk and helps determine if a loan is approved, rejected, or conditionally approved. The full process from application to funding typically takes 40-50 days.
This document provides information about understanding credit scores. It discusses establishing credit by applying for credit cards and making on-time payments. A credit report contains personal information, credit account history, public records, and credit inquiries. Credit scores summarize this information as a single number between 300-850, and are calculated based on payment history, amount owed, length of credit history, new credit, and type of credit used. The document provides tips for obtaining credit reports, using credit scores to improve credit, and cautions when applying for loans.
This document provides information about understanding credit scores. It discusses the purpose of credit reports, the information included in credit reports, factors that affect credit scores, how to obtain credit reports, and tips for credit repair. Specifically, it notes that credit reports are used to assess credit risk, include personal information and payment history, and credit scores range from 300-850. Payment history, debt amounts, credit history length, new credit, and credit types are the main factors impacting credit scores.
Mary Ann Redd has over 20 years of experience in legal document processing, paralegal work, and banking. She has held positions at various law firms, banks, and non-profits processing documents, assisting with intake, and providing clerical support. Redd has received extensive training and certifications in banking, trust and estate law, and paralegal studies.
DiConza's slides on bankruptcy law, from NYU class, 2013.pdfChristian Olesen
The document provides an overview of corporate bankruptcy and restructuring options, including:
1) Most large companies attempt to privately restructure debt through a workout before filing for Chapter 11 bankruptcy due to the direct and indirect costs of bankruptcy.
2) Eligible entities for different bankruptcy chapters include individuals, corporations, and certain special entities like railroads and stockbrokers.
3) The main types of bankruptcy cases are liquidation under Chapter 7 and reorganization under Chapter 11, and cases can be voluntary or involuntary.
4) Key aspects of bankruptcy include the automatic stay, creation of an estate, claims process, and ability to obtain financing through use of cash collateral or debtor-in-possession financing.
The document discusses various asset protection strategies that can be incorporated into estate planning. It outlines 6 key strategies: 1) insurance, 2) asset protection trusts, 3) limited liability companies, 4) retirement accounts, 5) marital and credit shelter trusts, and 6) gifts to irrevocable trusts. It provides details on how each strategy works and its benefits. It emphasizes that asset protection planning should be woven into estate planning to better protect clients' assets from creditors.
This document discusses considerations for defense attorneys in evaluating whether to settle a case. It notes that the attorney must remember who the client is and act in the client's best interests. Key factors to consider include the strength of liability, potential damages, insurance coverage issues, and other litigation that could further erode available coverage. Settlement amounts must be appropriate given the implications of a large or small settlement. Non-monetary terms like release terms, confidentiality, and payment structure are also important to consider, as are any liens. The attorney should discuss settlement terms with opposing counsel.
This webinar will give you a look ahead into 2016 and what's to come this year in financing. Our Mortgage expert and preferred lender for over 10 years will be discussing changes to interest rates, Fannie and Freddie guideline changes, and what types of loan programs are available for investors of all types.
Right now interest rates are the lowest our country has ever seen and likely to see ever, but what does this year have in store for interest rates and qualification guidelines?
Our mortgage expert will be teaching you:
- Which programs are available for investment property financing
- How to know if YOU qualify
- How long you can expect the transaction to take
- How you will know if your property will cash flow
- Where interest rates are and where they are headed
- Lending qualifications for conventional financing, and more!
On this presentation you will learn the power of using OPM (Other People's Money) to turn a small amount of money into a lot by the power of leverage.
This document provides a summary of an engineering tax services presentation. It discusses various tax strategies and incentives including cost segregation studies, energy tax credits under 179D and 45L, and the new IRS tangible property regulations. Cost segregation allows for accelerated depreciation by reclassifying portions of real property as personal property. Energy tax incentives provide deductions or credits for energy efficient commercial buildings. The presentation also reviews potential impacts of proposed Trump tax reforms and provides case studies on clients who benefited from these engineered tax strategies.
Marcus & Millichap / IPA Multifamily Forum: New England 2017 - Speaker SlidesRyan Slack
This document discusses several topics related to real estate development in Boston, including:
1) Mid-luxury multifamily developments between 10-15 stories that offer efficient floor plans and amenities at a price point between $850-$1200 per square foot.
2) Place-making approaches to designing public spaces that promote community health, happiness, and well-being.
3) A developer discusses how increasing building heights by one floor could increase units by 20% and discusses related feasibility considerations.
This document discusses emerging trends in real estate technology and their implications. It covers how technology is impacting the hotel industry through augmented and virtual reality for property research and major booking sites. It also discusses the growth of the Internet of Things and how real estate can leverage mobility data and the growing millennial workforce. Real estate investment and development trends incorporate new technologies like building automation, LED lighting, and virtual reality design collaboration.
Speaker Slides - Emerging Trends Summit Ryan Slack
This document discusses emerging macro trends in real estate, including experiential real estate focusing on amenities like art, dining options, and outdoor spaces. It also discusses workplace trends like increased employee mobility and underutilization of office space. Technology trends are discussed like augmented and virtual reality in hotels. Other trends mentioned include emphasis on wellness in workplaces with gyms and collaboration spaces over individual offices, as well as prevalence of mobile applications and internet of things devices. The growth of shared office spaces like WeWork across many US cities is also noted.
The document discusses the redevelopment of 180 Maiden Lane in New York City. It describes how the previous owner's stalled redevelopment plan was dramatically enhanced. A $50 million capital plan was implemented by MHP Project and Asset Management teams on a strict timeline. The transformative renovation of the base building and amenities was completed ahead of schedule and on budget.
New Trump Administration Updates: Federal, State and Local Energy & Specialt...Ryan Slack
This document summarizes a presentation by Michael F. D'Onofrio on various tax strategies including cost segregation, energy tax incentives, and changes to tangible property regulations. The presentation covers topics such as 179D energy tax deductions, cost segregation studies to accelerate depreciation, abandonment credits, and the new tangible property regulations. It provides examples of cost segregation results for a medical clinic and energy tax deductions for various property types such as offices and hotels. Learning objectives are also listed for topics like cost segregation, energy incentives, and the tangible property regulations.
Speaker Slides - RealInsight New York Multifamily SummitRyan Slack
This document discusses emerging trends in multifamily housing and innovations for the next housing cycle. It notes that amenities like larger fitness areas, lounges, and pet-friendly policies will be important. Technologies like smart home devices, property management systems, and sustainability features like co-generation and electric vehicle charging will also be valuable. Maintaining affordability through product type and neighborhood will be key. The document also summarizes perspectives from industry professionals on capital raising challenges but continued demand, pursuing off-market and distressed deals, structured returns, and partnering with sponsors.
Afternoon Keynote - Lindsay Eichner Kraus & Bruce EichnerRyan Slack
The document describes a new building project located at 45 East 22nd Street in New York City. It will be the tallest building in the Flatiron District at 777 feet tall and 65 stories, transforming the downtown skyline. The glass tower was designed by Kohn Peterson Fox and will contain 82 apartments and 230,000 square feet of space.
Increasing NOI & NAV with Smart Building Technologies & Intelligent DataRyan Slack
This document outlines various energy efficiency and sustainability projects that can be implemented at a multifamily property, along with their expected financial impacts. It lists 5 projects: 1) real-time energy monitoring and training, 2) LED lighting upgrades, 3) wireless controls, 4) combined heat and power, and 5) solar/battery storage. For each project it provides the estimated net operating income increase, capital expenditure, net asset value increase, and payback period. Implementing these projects could result in annual energy savings of $250,000 and increase the property's net asset value by $3.5 million.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise boosts blood flow, releases endorphins, and promotes changes in the brain which help enhance one's emotional well-being and mental clarity.
The document appears to be a presentation on the state of the New York City real estate market. It includes charts and data on the number of properties sold, total dollar volume, average price per square foot, and capitalization rates for Manhattan and the outer boroughs. There are also sections analyzing data for multifamily buildings as a whole, as well as broken down into elevator and walk-up buildings specifically.
Special Presentation - Christopher Ballard of UBER Southern CaliforniaRyan Slack
Uber is a ridesharing company that aims to provide reliable transportation everywhere for everyone. It operates in over 500 cities worldwide. Ridesharing is growing rapidly and is projected to account for 25% of all vehicle miles by 2030. Uber has partnered with various real estate developers, retailers, and municipalities to provide transportation solutions and promote their businesses. It sees continued growth and innovation in connecting communities through ridesharing.
Marcus & Millichap / IPA Multifamily Forum Southern California - Speaker SlidesRyan Slack
This document provides a summary of a presentation on the future of parking and transportation. It discusses trends showing that parking takes up a large amount of land in Los Angeles but cars are parked 96% of the time. Self-driving cars and shared mobility options may reduce parking needs. Studies show that actual parking demand at transit-oriented developments is lower than estimates. Shared mobility reduces private car ownership. Automated parking structures can use 40% less space and have other benefits. The presentation then discusses an adaptive garage concept and concludes with shared mobility trends.
National Multifamily Housing Council Presentation - Matthew Berger of NMHC Ryan Slack
The document discusses the timing and priorities for tax reform. It notes that passing a bill by the end of 2017 would be aggressive and Secretary Mnuchin sees August as not realistic. Key multifamily tax priorities include protecting flow-through entities and preserving deductions. Proposals from Republicans and Trump would lower rates but impact affordable housing without changes to protect programs like LIHTC. The outcomes of tax reform are unclear and will depend on issues of revenue neutrality, sunset provisions, and business provisions.
Marcus & Millichap / IPA Multifamily Forum Houston - Speaker SlidesRyan Slack
This document contains summaries of recent real estate financing deals, property tax rates in Houston and other Texas cities, strategies for boosting net operating income, and an overview of an opportunity to acquire and renovate the City West Apartments in Houston. It discusses the value-add opportunity at City West through renovations and operational improvements to increase occupancy and rents. The acquisition is seen as providing a 21.7% 5-year internal rate of return through revenue growth, expense reductions, and unit renovations to command higher rents.
NAIOP Golden Shovel Competition - Travis Duncan of Stanford UniversityRyan Slack
The Cardstone Group is proposing converting an existing industrial property into a makerspace through a phased redevelopment approach. They analyzed the property's highest and best use and determined a makerspace would increase the net present value by 25% to $124 million. Their proposal includes phasing 50% of the net leasable area to makerspace tenants by 2022, with financial projections showing increased net operating income and positive cash flows through 2030. The proposal aims to earn city support by diversifying jobs, reducing truck traffic, and improving public spaces, while an evergreen provision in the memorandum of understanding helps mitigate risk.
2016 NAIOP Golden Shovel Challenge - Jeffrey Bean of UC BerkeleyRyan Slack
The document discusses a proposed mixed-use development called Centennial Village on a 20-acre site in South San Francisco. The development would include 549 residential units and 351,000 square feet of office space. It provides details on the development timeline, revenue assumptions, costs, and projected returns. The proposed development aims to maximize the value of the site while maintaining existing relationships and features transit and trail access with the goal of creating a model for transit-oriented mixed-use development in the area.
Cal-Stanford Development Showdown - Dennis Williams of NorthmarqRyan Slack
The annual Real Estate Challenge is a competition between UC Berkeley and Stanford University that has been held since 1990. Over 40 schools now participate in similar challenges nationwide. The Challenge involves student teams developing proposals to redevelop a sponsor site based on criteria like the development strategy, meeting city plans, creativity, and presentations evaluated by a jury of industry professionals. Since its inception, Berkeley has won 15 challenges against Stanford's 12 wins. Many past challenge sites have seen successful redevelopment following the student proposals.
Uncertainty and Fundamentals Driving Capital Decisions - Keynote David Bitner...Ryan Slack
The document provides a summary of the U.S. economic and commercial real estate outlook from Cushman & Wakefield for April 2017. It discusses how 2017 started slowly with rising capitalization rates and decelerating price returns. U.S. investment sales volumes in the first quarter of 2017 were down 42% and 18% compared to the first quarter of 2016 for single asset and portfolio deals respectively. The summary explores reasons for the slow start to the year including general uncertainty in the economy, real estate cycle, and their interplay with politics.
3rd annual EisnerAmper Real Estate Private Equity Summit West Speaker SlidesRyan Slack
Bob Gray discussed trends impacting the real estate market including demographics, construction financing, development costs, interest rates, coworking, and technology. Diane Olmstead highlighted California's housing crisis with statistics on homelessness, unaffordability, and the impact on the economy. Paul Kaseburg discussed renovation considerations for value-add and repositioning opportunities including hold period, upgrades, IRR, exit caps, risk, and timing of renovations. Preston Sargent summarized four common investment strategies - core, core plus, value-add, and opportunistic - in terms of leverage, income, total return, and Bailard's approach to core plus. Tom Hoban discussed using technology to improve apartment
Signature Global TITANIUM SPR | 3.5 & 4.5BHK High rise Apartments in Gurgaonglobalsignature2022
Signature Global TITANIUM SPR launched a high rise apartments in Gurgaon . In this project Signature Global offers 3.5 & 4.5 BHK high rise Apartment at sector 71 Gurgaon SPR Road. Signature Global Titanium SPR is IGBC Gold certified, a testament to our commitment to sustainability.
🌟 Find Your Balance with Oree Reality
Happy International Yoga Day! 🌿 At Oree Reality, we believe in the harmony of mind, body, and home. Just as yoga brings balance and peace, finding the perfect home can do the same for your life.
Experience Premier Urban Lifestyle at Kohinoor Satori, Mahalungegraphicparadice786
Experience a harmonious blend of luxury and tranquility at Kohinoor Satori Apartments, situated in the rapidly developing locality of Mahalunge, Pune. These thoughtfully designed residences are crafted to offer a premium living experience, merging modern aesthetics with functional elegance.
Our mail-id-directsite369@gmail.com
Our Website- https://kohinoor.directsite.in/pune/kohinoor-satori-mahalunge/
Selling your home can be easy. Our team helps make it happen.Eric B. Slifkin, PA
Why hire one realtor when you can hire a team for the exact cost? Our team ensures better service, communication, and efficiency, which can make all the difference in finding your perfect home or securing the right buyer. See how we market homes for sellers.
Why is Revit MEP Outsourcing considered an as good option for construction pr...MarsBIM1
Outsourcing MEP modeling services require effective collaboration and coordination amongst multiple engineering trades. The engineers and the designers often change the details of the MEP projects, but the work of Revit MEP drafting services is having the master plan and model of the complete project. To have proper coordination and installation, there is a need to execute the project effectively. Hence, the work of Revit family creation facilitates the MEP engineers.
Eco Green Builders in Sydney By Marvel HomesMarvel Homes
Marvel Homes is dedicated to revolutionizing the construction industry with cutting-edge, eco-friendly practices. We specialize in designing and building energy-efficient, sustainable homes and commercial spaces that minimize environmental impact. Our projects feature renewable energy solutions, superior insulation, and innovative green technologies. Committed to reducing carbon footprints, Eco Green Builders combines expertise, innovation, and a passion for sustainability to create spaces that are as environmentally responsible as they are beautifully crafted. Join us in building a greener, more sustainable future.
https://marvelhomes.com.au/our-services/
Andhra Pradesh, known for its strategic location on the southeastern coast of India, has emerged as a key player in India’s industrial landscape. Over the decades, the state has witnessed significant growth across various sectors,
Expressways of India: A Comprehensive Guidenarinav14
India’s expressway network is a testament to the nation’s dedication to improving infrastructure and connectivity. These high-speed corridors facilitate seamless travel across vast distances, reducing travel time and fuel consumption
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
Listing Turkey - Piyalepasa Istanbul CatalogListing Turkey
We are working around the clock to transform a long-time dream into reality. As a result, Piyalepasa Istanbul will be the largest privately developed urban regeneration project in Turkey.
THE NEIGHBORHOOD WE HAVE BEEN LONGING FOR IS COMING TO LIFE
The good old days of the Piyalepasa neighborhood are being brought back to life with Piyalepasa Istanbul houses, residences, offices, hotels and a pedestrianized shopping avenue.
The wide streets of this 82.000 square meter development conveniently face the main boulevard in a prime Beyoglu location. “Piyalepaşa İstanbul” stands out as the only project designed to offer a neighborhood lifestyle, complete with its grocers, bagel sellers and greengrocer. Piyalepasa Istanbul has all the values to make it an authentic neighborhood, our very own community.
A NEIGHBORHOOD FULL OF LIFE, IN THE HEART OF THE CITY!
“Piyalepaşa İstanbul” is a “mixed-use” concept containing all the elements for a vibrant social life with houses, residences, offices, hotels and high street shopping.
“Piyalepaşa İstanbul” will take the liveliness of Istanbul into its heart. The elegant sparkle of Nisantasi, the young and colorful Besiktas, the variety and multicultural heritage of Istiklal Street will all be contained within the streets of this neighborhood.
“Piyalepaşa İstanbul” bears traces of the most beautiful examples of Turkish architecture from the Seljuks to the Ottomans and from Anatolia to Rumelia. With its graded facades, wide eaves, bay windows, pools, and interior courtyard systems, it offers a new living space without disrupting the city’s silhouette and neighborhood.
“Piyalepaşa İstanbul” is the new attraction of this splendid city.
TO BE AT THE CENTER OF ISTANBUL… THIS IS REAL LUXURY!
With its proximity to D-100 highway, connecting roads and tunnels, “Piyalepaşa İstanbul” is only minutes away from Kabatas, Besiktas, the Golden Horn and Karakoy.
“Piyalepaşa İstanbul” is close to the prestigious new Istanbul Court House, a major hospital, the Perpa trade center and the city’s most lively neighborhoods. With its shuttle service to Okmeydani Metrobus station, Sishane and the Court House subway stations, “Piyalepaşa İstanbul” will provide you with the most convenient transport connections.
https://listingturkey.com/property/piyalepasa-istanbul/
36,778 sq. ft. building; Zoning: SE (Suburban Employment): The (SE) District allows numerous commercial site uses; Passenger elevator; Private and common restrooms; Fully sprinkled; Data center with a grounded floor and a specialized HVAC system; 60 KVA back-up generator; Building/pylon signage; Potential to purchase adjacent parcels; Sale Price: $4,413,360
2. RECEIVERSHIPS
• 735 IMFL 5/15-1701(b)(2)
Mortgagee is entitled to be placed in possession
prior to judgment if:
- Mortgage provides for possession
- There is reasonable probability that mortgagee will
prevail at hearing.
• What constitutes a reasonable probability of success:
- Real Estate Taxes
- Maturity
- Payment default
- Due on sale violation
3. Receivership Continued…
• Petition must be verified
• Service Issues
• Statutory presumption in favor of Mortgagee
• Mortgagor must overcome statutory
presumption in favor of Mortgagee and show
good cause to remain in possession.
4. Good Cause
• Traveler’s Insurance Company v. LaSalle National Bank as Trustee,
200 Ill. App. 3d 139, 558 N.E. 2d 579,
146 Ill. Dec. 616 (2d Dist. 1990)
• Centerpoint Properties Trust v. Olde Prairie Block Owner LLC 2010
Ill. App. LEXIS 91 (1-09-1481) (1st Dist. February 10, 2010)
• Management issues
• Pending Affirmative Defenses
5. Mortgagee’s Burden
• First Federal Saving’s Loan Association v. National Boulevard
Bank, 104 Ill. App. 3d 1061, 433 N.E. 2d 1036, 60 Ill. Dec 798
(1st Dist. 1982)
• Mellon Bank N.A. v. Midwest Bank & Trust as Trustee under
Trust No. 85-02-4652, 265 Ill. App. 3d 859, 638 N.E. 2d 640,
202 Ill. Dec 772 (1st Dist. 1993)
• Traveler’s Insurance as Trustee, 200 Ill. App. 3d 139, 558 N.E.
2d 579, 146 Ill. Dec. 616 (2d Dist. 1990)
6. RECEIVER BOND
• Discretionary
• Calculation of amount
– Percentage of principal amount
– Mathematical computation regarding gross
income
7. POWERS OF A RECEIVER
• 735 ILCS 5/15-1704
– Employment of third parties
• Standard/ Prudent Person
• Disbursements
– Insurance
– Taxes
– Building expenses
– Repairs
• Court Authority
8. Powers Continued:
• Submission of Bids
• Building Condition/ Status Quo
• Fees and Costs
• Income deficient to cover operating expenses
• Debt Retirement
• Receiver’s Certificate
– Paul Gaskill et al.,v. Earl Dean Gordon et al., 1993 WI 64642 (N.D. Ill)
9. Powers Continued:
• When is an attorney necessary:
- Upon petition with notice
- Lease Issues
- Condo Issues
- Possession Issues
- Document Turnover
- Rent Turnover
10. RECEIVER’S AUTHORITY
• From the court and statute
• Receiver is an officer of the court
• Custodial officer
• Leases : Acceptance/ Rejection
United States Fidelity & Guaranty Co. v. Old Orchard Plaza Limited
Partnership, 333 Ill. App. 3d 727, 776 N.E. 2d 812, 267 Ill. Dec. 440
(1st Dist. 2002)
735 ILCS 5/15-1702 (g)
Comerica Bank Illinois v. Harris Bank Hinsdale, 673 N.E. 2d 380, 284
Ill. App. 3d 1030, 220 Ill. Dec. 468
11. MORTGAGEE IN POSSESSION
• Powers and Duties Distinguished
from a Receiver
– Collection of rents and application
- Appointment not for the benefit of all parties
12. CONDOMINIUM PROJETS
• Condo Board
• What is collateral
• What duties does receiver have in
conjunction with the condominium
management
• Shared Expenses
13. RECEIVER’S LIABILITY
• 735 ILCS 5/2-415
• Effect of Order Approving Reports
• Res Judicata Effect