Financial Digest

Bottomley named senior vice president at Rockefeller Group Investment Management Corp.

John Bottomley has been named senior vice president, Rockefeller Group Investment Management Corp. (RGIM). RGIM is a wholly-owned subsidiary...

Gerhart of Love Funding closes $9.526 million for three properties

According to national mortgage-banking firm Love Funding, its Cleveland office recently closed three loans, totaling $9.526 million for two ...

Seven ways building owners can negotiate to lower insurance rates

There are many things building owners can do to help them obtain lower insurance rates. One of the most important would be to create a "buil...

The key to a successful loan workout for owners and developers: Preparation!

Many owners and developers of financially troubled assets are fighting to preserve their portfolios in light of the declining property value...

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...

NYS property tax assesments and tax grievances: What the future holds for real estate professionals

The declining real estate market has created challenges for real estate brokers, property managers and owners of both residential and commer...

Dealing with green building and lease issues: How do landlords and tenants decide who covers costs?

The term "green buildings" generally refers to buildings constructed, maintained or operated in accordance with certain energy efficient per...

Sternlicht of Starwood Capital Group speaks at 2009 NYU REIT Symposium

At last month's 14th Annual REIT Symposium (hosted by the NYU Schack Institute of Real Estate), keynote speaker Barry Sternlicht, chairman a...

Feder of Meridian secures $10.85 million first mortgage-four Manhattan buildings

Meridian Capital Group has recently arranged a first mortgage loan in the amount of $10.85 million for the purchase of four apartment buildi...

GCP Capital Group arranges ten transactions totaling $33.55 million; includes $10.25 million in financing by Perlmutter of GCP

GCP Capital Group LLC, one of the nation's most active companies specializing in investment real estate finance, has arranged the following ...