Financial Digest

Michael Burwick President 1031 Property Group, LLC

Name: Michael Burwick Title: President Company: 1031 Property Group, LLC Location: Boston and Cape Cod, Mass. Birthplace: Boston, Mass. Fami...

Gary DeSanto CEO DeSanto Realty Group

Name: Gary DeSanto Title: CEO Company: DeSanto Realty Group Location: Radnor, Penn. Birthplace: Philadelphia, Penn. Family: Married with thr...

GCP Capital arranges a total of $78.41 million in mtge. financings

GCP Capital Group LLC has arranged mortgage financing in the amount of $78.41 million for the following properties: * A $28.5 million perman...

2008 Mortgage Banker's Conference pinpoints sources of real estate capital

Last month, the Mortgage Bankers Association held its annual Commercial Real Estate Conference in Orlando, Fla. Attended by commercial real ...

Deferred exchanges boom into the new century:The advent of the treasury regulations

We can now breath a sign of relief with the advent of the treasury regulations concerning real estate exchanges. Today we have the flexibili...

Getting deals done in today's market: Borrowers need to understand what lenders are looking for

With more bad news emerging every day about loan write-downs on residential mortgages, banks are hoarding capital and have slowed down lendi...

New guidance regarding vacation and second home tax deferred exchanges

Just in time for a hopeful spring in home sales, there is new guidance out from the IRS regarding vacation and second homes being sold as pa...

Opinions on the real estate market depend on the position of the commentator. Lenders, holding loans made to sell, are unhappy now as they can not securitize their loans or sell them to the sponsors of CDOs. Similarly, the holders of mortgage backed secur

  Brokerage companies have distinct groups of market opinions. The sales brokers, having deals impacted by credit tightening, think thing...

Capmark Finance hires Kohan as vice president

Capmark Finance Inc. has hired Jonathan Kohan as a vice president in its New York City office. Kohan will be responsible for originating co...

GE Real Estate provides $16.5m for acquisition of class A office building

GE Real Estate has provided a $16.5 million on-book loan to Abbey Road Advisors, LLC and Guardian Life Insurance Co. of America for the acqu...