Financial Digest

A lawyer discusses what co-op boards need to know about disputes with shareholders

Shareholders in co-ops often find themselves butting heads with the boards of directors of the co-op buildings they live in. Often these dis...

The lease option and the potential tax issues presented if the IRS decides to recharacterize

A lease with an option to buy-commonly referred to as a "lease option"-offers several potential advantages for buyers and sellers of commerc...

Four things organizations can do to prepare for the coming upturn

Needless to say, it's been a challenging time for most organizations, especially those involved in the world of real estate. Generally speak...

EdgeRock Realty Advisors launches as independent investment banking firm

EdgeRock Realty Advisors, an independent investment banking firm dedicated exclusively to the real estate sector, recently celebrated its of...

Make sure ordering a title search and obtaining a recent survey are part of your due dilligence

Upon taking a listing it is important, as part of your due diligence in preparing the property for effective marketing to order a title sear...

A commercial mortgage broker can bring value to a transaction by maximizing the loan dollars

With the range of lending sources available today to the real estate developer and owner, the question is always asked, why use the services...

What every association and property manager needs to know about directors and officers liability

Despite good intentions, community association boards are being sued with increasing frequency. In California alone, experts estimate that 7...

Phillips of Largo Group of Companies handles $2.1 million first mortgage

Jack Phillips, managing director of the Largo Group of Cos. arranged $2.1 million in permanent first mortgage financing to refinance the exi...

GCP Capital Group arranges nine transactions totaling $19.405 million

GCP Capital Group LLC has arranged mortgage financing in the aggregate amount of $19.405 million for the following properties: $3 million fo...

Herzog and Diaz of CBRE Capital Markets arranges $8 million

CB Richard Ellis (CBRE) Capital Markets recently arranged financing for 4289-4305 Park Ave. and 422 East 178th St. The five multifamily, 4-s...