Loan finances big, boxy Bronx buy for City Life Realty
Eastern Union Funding arranged financing for a circa-1927 building on 975 Walton Avenue in the Bronx on behalf of City Life Realty. Eastern Union’s client … Continued
Category : Finance & Accounting
A.G. Shneiderman announces settlement in 421-a violation case
Attorney General Eric T. Schneiderman today announced that his office has reached a settlement with 47 East 34th Street (NY), LP, the owners of an … Continued
Could drones help expedite your claims process in the future?
IZZY GREEN By Izzy Green, resident & CEO, Evergreen Insurance If you’ve ever had to file an insurance claim, you should be fairly familiar with … Continued
The 10,000 ft. view of lease accounting standards
By Aaron S. Kaiser, CPA, co-head, EisnerAmper National Real Estate Practice As most of you who are either in the business, or serving the real … Continued
Cash startups are separating from the crowd
Americas crops of crowdfunding start-ups are starting to show signs of diverging. By Konrad Putzier In the trial-and-error gospel of creative destruction, failure is arguably … Continued
When Building and Finance disagree, it can cost you money
By Jamie B. Chapman, Belkin Burden Wenig & Goldman, LLP When purchasing real property, whether a single-family home or a multi-family building, a purchaser’s first … Continued
Tenants, contractors added to list of those required to pay city’s new Living Wage
By Stephen Epstein, Cliff Fonstein, and William P. Perkins On Sept. 30, 2014, Mayor Bill de Blasio issued an Executive Order raising the “Living Wage” … Continued
Principal, Macquarie launch new CMBS lending platform
Principal Real Estate Investors, the real estate group of Principal Global Investors, and Macquarie Group, are creating Principal Commercial Capital, a lending platform focused on … Continued
Procida gets okay from investors to make fund open-ended vehicle
Procida Funding & Advisors, LLC has announced that it has received unanimous approval and consent to convert its previously close-ended investment vehicle, the 100 Mile … Continued
Mortgage REITs beginning to regain their strength
By Susan Persin, senior director research, Trepp Earnings season got underway this week, with the first mortgage REITs (mREITs) reporting second quarter performance. Early results … Continued