As First Nationwide Title Agency continues to expand, president Steven Napolitano revealed long-time commercial real estate veteran Fern Haughton-Owens, with 40 years of experience, has joined the firm as title officer/senior commercial reader. She will be working closely with the agency's underwriting team.
"I am thrilled that Fern has come aboard," said Mr. Napolitano. "I've known her for many years, respect her knowledge and profound understanding of the industry and know that she will be a terrific asset to our professional team."
Prior to joining First Nationwide, Ms. Haughton-Owens served as a reader, senior title officer and office manager for LTIC Assoc., Inc., a premier title agency specializing in commercial transactions, condominium conversions, and urban renewal transactions.
She has had posts with several underwriters, serving as a senior title officer overseeing major Manhattan commercial and multi-dwelling transactions, Brooklyn commercial and multi-use projects, and upstate shopping malls.
Ms. Haughton-Owens attended the Real Estate Institute of New York University.
Manhattan, NY SL Green Realty Corp. completed two office leases totaling 34,564 s/f at 711 Third Ave. The transactions include a 14,598 s/f, 8.5-year renewal lease with Ackman Ziff Real Estate
Many long-time property owners are divesting from their rent stabilized properties at an increasingly rapid pace. This trend has gained momentum primarily due to the unyielding permanence of rent laws over the past six years and the increasing operating costs that continue to outstrip rent growth. In addition, the judiciary’s elongated timeline in processing evictions and tenant rent challenges,
You have a right to be concerned. I am always surprised at the companies that will negotiate the price of their new facility down to the last dollar, without thoroughly analyzing their
Artificial intelligence (AI) is beginning to help transform lending by enhancing decision-making, improving risk management and streamlining operations. With AI-powered tools that analyze vast amounts of data, lenders are able to assess borrower creditworthiness more accurately and efficiently. AI can evaluate a wide range of factors,
There was a time when an offering memorandum (OM) was pretty bare bones, some photos, a few bullet points on income, and a rent roll thrown in at the back. That used to get the job done. Not anymore. In 2025, buyers are sharper, faster, and more selective. They’re looking