Financial Digest

The impact of the current lending environment on the Manhattan office market

Many experts are predicting that the Manhattan office market will collapse due to on going weakness in the financial services sector and the...

Why tenant-in-common (TIC) ownership may be one of the best kept estate planning secrets

A Tenant-In-Common (TIC) ownership interest in real estate can be purchased, sold, gifted, willed, or inherited in the same manner as any pr...

How to receive an extra 180 days when performing a section 1031 exchange

Great news for taxpayers who are embarking on a new construction project or are adding leasehold improvements in 2008 - the Economic Stimulu...

Obtain tax deferral/portfolio diversity with 1031 and TICs

In evaluating replacement properties, it is important to emphasize the benefits of preservation of capital over cash flow when counseling cl...

Hirsch and Karpel of Meridian structure $11.45m acquisition loan

On behalf of an investor group led by Bruce Kaye and David Brown, Meridian Capital Group has arranged $11.45 million in financing for Herita...

NCB arranges $21m in financing for 12 properties

According to Edward Howe III, managing director of the NCB N.Y. office, the bank has originated $21 million in financing for 12 area propert...

Appraisal Institute members are well qualified for today's challenging times

These are interesting times for the real estate industry and, certainly, for professional appraisers. The economy is slowing, financing is d...

Appraisal Institute to hold green buildings seminar on June 24

The Appraisal Institute will be holding its newest seminar, An Introduction to Valuing Green Buildings on June 24. Designed for appraisers, ...

Welch of SJP Props. speaks at May event

May luncheon guest speaker, David Welch, CFO of SJP Properties, discussed his firm’s projects in New York City and New Jersey including 11...

TICA to present ACE Awards October 7

For the past two years, TICA has awarded its members with the A Champion of Excellence (ACE) Awards. ACE Award recipients exemplify their co...