News:
Spotlight Content
Posted: May 24, 2022
Justin Godner, Lancewood Capital
Name: Justin Godner
Title: Vice President
Company Name: Lancewood Capital
What recent project, transaction or accomplishment are you most proud of?
I am proud of the Lancewood team who have worked very hard to make Lancewood the platform it is today. We have created a niche near-bank platform that has been able to provide credit to many real estate owners and lenders. I am also very proud of the founding and growth of our lender finance platform which provides alternative real estate lenders with consistent, flexible, and competitive note financing for their first lien commercial real estate mortgages. We are active in the $1-50 million space and have established relationships with real estate lenders in New York, Florida, and California who have been investing in their respective markets for a long time.
Favorite quote:
“By failing to prepare, you are preparing to fail.” –Benjamin Franklin
What led you to your current profession?
I have been interested in real estate for a long time. My parents like to tell the story that at the age of ten, when they were doing a home renovation, I let them know that I wanted to be a developer. For the coming years, I proceeded to ask them to stop at almost every construction site so I could watch the construction process. The same passion and curiosity exist for me today regardless of how many projects I walk and properties I finance. I enjoy seeing a business plan, project, or a vision come to fruition.
Tags:
Spotlight Content
MORE FROM Spotlight Content
Over half of Long Island towns vote to exceed the tax cap - Here’s how owners can respond - by Brad and Sean Cronin
When New York permanently adopted the 2% property tax cap more than a decade ago, many owners hoped it would finally end the relentless climb in tax bills. But in the last couple of years, that “cap” has started to look more like a speed bump. Property owners are seeing taxes increase even when an
.png)
.jpg)
Columns and Thought Leadership
Oldies but goodies: The value of long-term ownership in rent-stabilized assets - by Shallini Mehra
Active investors seeking rent-stabilized properties often gravitate toward buildings that have been held under long-term ownership — and for good reasons. These properties tend to be well-maintained, both physically and operationally, offering a level of stability
The strategy of co-op busting in commercial real estate - by Robert Khodadadian
In New York City’s competitive real estate market, particularly in prime neighborhoods like Midtown Manhattan, investors are constantly seeking new ways to unlock property value. One such strategy — often overlooked but
Properly serving a lien law Section 59 Demand - by Bret McCabe
Many attorneys operating within the construction space are familiar with the provisions of New York Lien Law, which allow for the discharge of a Mechanic’s Lien in the event the lienor does not commence an action to enforce following the service of a “Section 59 Demand”.
How much power does the NYC mayor really have over real estate policy? - by Ron Cohen
The mayor of New York City holds significant influence over real estate policy — but not absolute legislative power. Here’s how it breaks down:
Formal Legislative Role
• Limited direct lawmaking power: The NYC Council is the primary
.gif)