Category : Debt & Equity

Fix it: RSA’s message to the Rent Guidelines Board
Debt & EquityFeatured

Fix it: RSA’s message to the Rent Guidelines Board

REW
by REW911
Members of the city's Rent Stabilization Association (RSA) are set to lobby the de Blasio-appointed Rent Guidelines Board to raise rents for over one million city residents. When the RGB meets tomorrow morning (Thursday) Joe Strasburg, president of the RSA said, “Our position will be that they need to recognize and remedy what happened last year. Owners received one percent when cost well exceeded it.”
Segregating your fixed asset costs
Debt & Equity

Segregating your fixed asset costs

REW
by REW963
By Frederick E. Davis, Jr., JD, CPA, Partner and Michael Coates, Tax Senior, Mitchell & Titus LLP What is a cost segregation study? A cost segregation study is the process of identifying the component parts of real property and depreciating components identified as either personal property or land improvements over...
Lending recovery moves into sixth year
Debt & Equity

Lending recovery moves into sixth year

REW
by REW998
Commercial real estate lending increased for the fifth consecutive year in the U.S., as a strong fourth quarter capped expansion across lenders and property types, according to the latest research from CBRE. Loan closings were boosted by the demand for acquisition financing, which accounted for close to one-half of lending...
Impact on new tangible property regulations on the real estate industry
Debt & Equity

Impact on new tangible property regulations on the real estate industry

REW
by REW975
By Marla Miller Senior Tax Director, BDO In September 2013, IRS released final regulations dealing with repair and capitalization of tangible property under IRC Sec. 162(a) and 263(a) and regulations relating to dispositions under IRC Sec. 168. These Regulations are effective for taxable years beginning on or after January 1,...
Eyzenberg adds EB5 to resort deal mix
Debt & Equity

Eyzenberg adds EB5 to resort deal mix

REW
by REW796
Avison Young’s New York City-based Debt, Joint Venture and Structured Capital team has secured a $44 million construction loan for the first phase of Henderson Beach Resort, a five-phase resort located along the Gulf of Mexico in Destin, Florida. Principal David Eyzenberg and associate Amanda Saltzman managed the assignment to...
Debt & Equity

CBRE locks in RAIT for Washington DC buy

REW
by REW714
CBRE Capital Markets’ Debt & Structured Finance team has originated $63.6 million in financing for the acquisition of a 195,624 s/f office building located at 2025 M Street in Washington, D.C. Charles Foschini, Christian Lee and Christopher Apone of CBRE’s Miami, Florida, office arranged the financing on behalf of a...
Debt & Equity

Cushman & Wakefield arranges finacing for Hawaiian mall development

REW
by REW780
Cushman & Wakefield, Inc. and RobertDouglas, serving as co-advisors to an affiliate of Tampa-based DeBartolo Development, announced the capitalization of the first phase of Ka Makana Ali‘i. The $500 million regional mall development project is located in Kapolei, Hawai‘i on the island of Oah‘u, approximately 25 miles west of downtown...
Debt & Equity

Rialto funds market deal

REW
by REW766
CBRE Capital Markets’ Debt & Structured Finance team has arranged $14.5 million in refinancing for City Market, a 90,225 s/f specialty retail property in Savannah, Georgia. CBRE secured a $14.5 million, 10-year, interest-only, non-recourse, fixed-rate loan, in the low four percent range on behalf of The Realco Group, who redeveloped...
New wave of developers prompts call for contractor transparency
Construction & DesignDebt & Equity

New wave of developers prompts call for contractor transparency

REW
by REW748
By Ron Agababian, vice president, Business Development, McGowan Today, New York City continues to enjoy a strong level of real estate development, fueled by the marketplace’s appetite for new residential, municipal and commercial construction activity. In the past, the term “developer” exclusively referred to familiar names like Durst and Rudin,...
Construction & DesignDebt & Equity

Investors shoulder risks for inadequate inspections

REW
by REW735
By George Wilson, managing director IVI International, a CBRE Company Real estate investors have various options when it comes to the physical due diligence investigation of potential investments. Not only are there multitudes of engineering inspection options — there are just as many price tags. Choosing the engineering inspection option...