Financial Digest

JEMB Realty launches Basis Investment Group

According to Morris Bailey and Joseph Jerome, founding principals at JEMB Realty, an experienced real estate owner, developer and management...

Houlihan of Houlihan-Parnes/iCap orchestrates $1.875m first mortgage

Jerry Houlihan of Houlihan-Parnes/iCap Realty Advisors, LLC has arranged first mortgage financing in the amount of $1.875 million for the ac...

Due diligence is of paramount importance when chosing a QI

A qualified intermediary (QI) should not only provide excellent customer service and exchange expertise, but it also should be able to assur...

NCB originates $60m

According to Edward Howe III, managing director at NCB, the firm originated almost $60 million in financing for 24 properties. The financing...

CPC provides $7.865m; includes $6.6m for special needs projects

According to The Community Preservation Corp. (CPC), the non-profit affordable housing lender has closed on a $1.265 million permanent loan ...

MBA of New York to hold seminar Mar. 25

The Mortgage Bankers Association (MBA) of New York, Inc. recently unveiled its upcoming educational breakfast seminar on March 25, from 8-10...

Special §1031 exchange options for real estate investment trusts and portfolio owners

Given the state of the real estate market, owners buying and selling property must be creative to achieve their goals and maximize investmen...

Boosting sales with seller financing carries cautions when combining with §1031 Exchanges

With today's flooded real estate market and the growing conservative stance within mortgage financing market, the ability of a property owne...

Selecting the right Section 1031 qualified intermediary: How to protect yourself

Consumers shopping for financial services have for too long relied on the oversight of various regulatory agencies to provide a safe and sec...

How to dispose of real estate investment property in today's market using a Section 1031 Exchange

Having problems disposing of your income-producing or investment held property because of the economic conditions today? There has never bee...