News: Long Island

Herold of Certilman Balin named to board of directors of Long Island Cares, Inc. - The Harry Chapin Food Bank

David Herold, a partner in the real estate and commercial lending groups at Certilman Balin, has been named to the board of directors of Long Island Cares, Inc. - The Harry Chapin Food Bank. Herold represents institutional lenders in financing multifamily and commercial properties and documenting credit facilities for middle market and small business borrowers. He has experience in a variety of lending transactions including fee and leasehold financing, mezzanine financing, and asset based and receivable financing. In addition to his lending practice, Herold acts as counsel to banks fielding issues in general banking and cash management matters, including negotiation of Inter-creditor, Lockbox and other Tri-Party Agreements. He earned his bachelor of science in Finance from Boston College in 1991, his juris doctor from St. John's University School of Law in 1996.
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Suffolk County IDA supports expansion of A&Z Pharmaceuticals

Hauppauge, NY The Suffolk County Industrial Development Agency (IDA) has granted preliminary approval of a financial incentive package that will assist a manufacturer in expanding its business by manufacturing more prescription (Rx) pharmaceuticals in addition to its existing over-the-counter
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Columns and Thought Leadership
The evolving relationship of environmental  consultants and the lending community - by Chuck Merritt

The evolving relationship of environmental consultants and the lending community - by Chuck Merritt

When Environmental Site Assessments (ESA) were first part of commercial real estate risk management, it was the lenders driving this requirement. When a borrower wanted a loan on a property, banks would utilize a list of “Approved Consultants” to order the report on both refinances and purchases.