News: Long Island

Keystone National Properties hires Morrow as regional vice president - west

Jericho, NY Keystone National Properties (KNPRE), a sponsor of Delaware Statutory Trust (DST) offerings, and other tax advantaged and impact focused investments, has hired Brandon Morrow as regional vice president - west.

Morrow has over two decades of experience within the financial services industry. He joins the firm’s Capital Markets team to support the sales growth of Keystone’s DST offerings, and its other tax advantaged and impact real estate investment offerings.

Morrow launched his financial services career as an equity trader for a regional bank brokerage firm in Kansas City. In 2001, he began building a practice as an investment advisor for an independent broker-dealer in the banking channel. Morrow started his wholesaling career after seven years as an advisor, working in the alternative investment space raising capital in many different sectors, including real estate, business development companies, private equity, credit, debt funds, and preferred stock.

Over the course of his wholesaling career, Morrow has raised nearly $1 billion. Morrow graduated from Pittsburg State University with a double major in Finance and Economics and holds FINRA licenses, 7, 66, and 63.

“We are excited to welcome Brandon to the team. His strong industry background and well-established relationships will help us expand our capital raising initiatives by generating awareness of our tax advantaged and impact real estate investment opportunities for accredited investors,” said Mike Packman, founder and CEO.

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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.