Most industry veterans know that a “fixture filing” must be made in the office in which a mortgage would be filed on the real estate, with the exception of Louisiana.1 U.C.C
§ 9-501(a)(1)(B) and U.C.C
Surprisingly, however, many people are not familiar with all the additional information that must be
Greenes also handles various complex real estate matters including the sale, refinancing and leasing of commercial and high end residential properties and lease buyouts
He earned his Juris Doctor from New York University School of Law
Greenes was a founding partner at Morgenthau & Greenes LLP.
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NXT Capital Celebrates 10th Anniversary
8 days ago . 39 people watched
NXT’s Real Estate Finance group is active in major markets throughout the United States across a broad range of property types and provides non-recourse first mortgages up to $75 million to experienced real estate investors
Real Estate Finance has closed more than $5.9 billion in commitments representing over 250 loans since 2010.
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Cassiopae Plans Tie-Up With Sopra Steria
7 days ago . 40 people watched
Sopra Steria, a European leader in digital transformation, announced plans for a tie-up with Cassiopae, a leading developer of specialised finance and real estate management software.Sopra Steria plans to acquire, through its subsidiary Sopra Banking Software, about 75% of KSEOP, Cassiopae’s holding company
The founder and his family, and certain
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Appraisal Reviews -- Critical For Mitigating Credit Risk
4 days ago . 57 people watched
) for non-real estate asset based-lending
The definition of end-of-lease value is variously defined in the lease contract
Identifying the apposite definition of value and …
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Wells Fargo Combines Units To Form Wells Fargo Commercial
2 days ago . 58 people watched
Wells Fargo’s Commercial Real Estate group is the largest in the industry - #1 domestically in terms of annual originations, servicing, and market share - and total commitments for the combined CRE businesses of approximately $167 billion as of 10/3/2016.
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C&I Growth, Eased Underwriting Concerns In OCC Bank Report
8 days ago . 63 people watched
Only the residential real estate category for the group of banks with greater than $10 billion in assets showed negative growth as of the second quarter
Fitch believes many banks may be buying shared national credits for the purposes of showing growth, a strategy that does not typically strengthen a bank's franchise or long-term financial profile.
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Stonebriar Acquires NonBankLender And InterimLender.com
2 days ago . 56 people watched
NBL adds yet another platform to Stonebriar's wide array of products, which already include general equipment financing, triple net real estate leasing, rail leasing, and aviation finance
Valenzuela in 2009 and since inception has funded …
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Accruent Acquires Lucernex To Boost Adoption Of FASB/IASB
Just Now . 58 people watched
Accruent announced that it has acquired Plano, Texas-based Lucernex, Inc.Lucernex is a leading, global provider of cloud-based, Integrated Workplace Management Systems (IWMS), including advanced solutions for organizations in any industry seeking FASB/IASB compliant real estate and equipment lease accounting software.“Lucernex is a perfect fit for
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Selling And Buying Commercial Debt: An Industry Evolves
3 days ago . 56 people watched
Then the Great Recession changed everything
From 2008 to 2010, equipment lessors were dealing with a growing volume of non-performing paper, especially accounts connected with the real estate and construction industries
But the paper was not very collectible because so many lessees had failing businesses.
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First Foundation Expands Into Texas With Relocation Of
Just Now . 55 people watched
First Foundation Bank expects to continue its real estate lending program success in the Dallas-Fort Worth area, one of the largest markets for multifamily lending in the country
The diversity of businesses in the area and the expanding business community along with the large supply of apartments make it a strong fit for First Foundation’s
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Industry Directory – Leasing Companies, Finance Companies
7 days ago . 60 people watched
Industry Directory of leading leasing companies, service providers, finance companies and banks within the equipment finance sector
Business profiles in the fields of Accounting, Risk Management, Financial Advisors, Portfolio Management, Financial Software and more
BDO USA, CoStar Group Form Alliance For Lease Accounting
3 days ago . 57 people watched
BDO USA, LLP, one of the nation’s leading accounting and consulting organizations, and CoStar Real Estate Manager, a division of CoStar Group, Inc
and a leading lease management software provider, announced a strategic alliance under which BDO and CoStar will team to provide companies with an end-to-end solution to meet the looming deadlines for
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Necessary Precautions In A Sale/Leaseback Deal
3 days ago . 46 people watched
Representative transactions include business acquisitions, shareholder buy/sell agreements bank and similar financing, software licenses and computer/telecom hardware procurements, joint ventures, equipment and real estate leases, patent licenses, outsourcing and managed service contracts including data security/privacy matters, executive
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LeaseAccelerator Acquires SaaS Provider Guardian Global
1 days ago . 56 people watched
The worldwide market for this type of real estate and building management software will grow from $4.9 billion in 2018 to $7.4 billion in 2022, according to the independent research firm Verdantix
Real Estate software is part of the larger Proptech market which has experienced a surge in investment over the past few years, with over $20
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Wells Fargo Names Whyte MD In Corporate & Investment
7 days ago . 57 people watched
Wells Fargo Wholesale Banking, a division of Wells Fargo & Company, announced Paul Whyte is joining its Corporate & Investment Banking (CIB) and Commercial Real Estate (CRE) groups, effective Nov
12, as a Managing Director focused on real estate investment banking and hospitality finance
Within CIB, Whyte will be part of the newly formed Real Estate, Gaming, Lodging and …
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CIT Leads Financing For Construction Of Logistics Center
2 days ago . 57 people watched
announced its Real Estate Finance business served as administrative agent for an $87 million loan to finance construction of a new logistics warehouse and storage facility adjacent to John F
Kennedy International Airport in Queens, NY
Triangle Equities Development Company and its partners Township Capital Inc
and L&B Realty Advisors LLP are planning to …
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Boston-Area Appraiser Takes Office Leading Global
4 days ago . 50 people watched
She has served on the executive board of the Massachusetts Board of Real Estate Appraisers (MBREA), culminating her term as President of the association in 2006
She completed her four-year term as Chair of MBREA's Education Committee in 2015
She has also been an active member of ASA for more than 30 years, most notably serving as Boston
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Finance Company & Bank Directory
4 days ago . 36 people watched
A directory of Commercial Finance Companies, Banks, Independent Finance Companies, Brokers, Packagers, Asset-Based Lenders, Factors, Real Estate Lenders, Specialty Finance Companies, Investment Banks and more.
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LeaseCrunch Identifies Key Trends For Lease Accounting
6 days ago . 55 people watched
LeaseCrunch said it sees four key trends in 2021 in lease accounting implementation, as non-public companies are the next to get into compliance.“2020 was a year no one expected,” said LeaseCrunch CEO Ane Ohm
“COVID-19 changed the way businesses operated around the globe and upended personal and professional plans
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CIT Arranges $87MM Financing Of Self-Storage Portfolio
1 days ago . 55 people watched
announced its Real Estate Finance unit served as lead arranger on $87 million in financing for a portfolio of Storage Rentals of America-branded self-storage facilities
The financing will be used by a fund managed by SROA Capital, LLC to recapitalize and refinance debt on a portfolio of 35 self-storage properties encompassing more than 14,000 storage units in three states: …
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Many Subject To GASB Standards Have Not Started Lease
4 days ago . 54 people watched
Compliance with this mandatory accounting rule demands a lot of cross-functional teaming within organizations, as they collect and analyze hundreds — or possibly thousands — of leases for equipment, real estate, IT services and more for financial reporting purposes,” said Jennifer Ahn, Deloitte Risk & Financial Advisory partner, Deloitte
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Hancock Whitney Hires Team Of Commercial Bankers To Expand
7 days ago . 59 people watched
Cox specializes in commercial real estate lending, relationship management and business development
He holds a bachelor of arts in business from Mississippi State University and is a graduate of the Graduate School of Banking at Louisiana State University and the Mississippi School of …
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Wells Fargo Names McShane Head Of Commercial Real Estate
4 days ago . 57 people watched
Wells Fargo & Company announced Kara McShane has been named Head of Commercial Real Estate (CRE) within the company’s Wholesale Banking group
She will assume this role on Feb
14, 2020, upon Mark Myers’ retirement
“Kara is an exceptional leader who has made a significant impact on our CRE business since joining our company nine years ago,” said Perry Pelos, …
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Stonebriar CF Promotes Ellis To VP, Adds Karas
4 days ago . 46 people watched
Stonebriar Commercial Finance announced the promotion of Ryan Ellis to Vice President, Head of the Real Estate Group (REG)
He joined Stonebriar in 2017 in connection with an acquisition and has progressively assumed greater responsibilities in the daily operations of REG
In his new role, Ellis will be responsible for oversight of all facets of
NonBank Lender, a Stonebriar Commercial Finance company, provided $501,759 of real estate purchase financing utilizing the SBA's 504 Loan Program
NonBank Lender ("NBL") has completed the financing of a 20,100-square foot Industrial Warehouse facility in Redlands, California
The subject property will enable the borrower, a heating and
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Preston Hollow Capital Adds To Originations And Asset
9 days ago . 54 people watched
Allen joins Preston Hollow Capital as a Senior Asset Manager, with a focus on the management and oversight of the company’s portfolio
Prior to joining the team, he was a Vice President – Asset Management with Deutsche Bank in Dallas
He brings more than 19 years of commercial real estate credit and asset management experience to the firm.
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Stonebriar CF Expands Realty Capital Management Team
9 days ago . 53 people watched
SCF Realty Capital is a privately held real estate operating company established in 2016 and based in Princeton, NJ
With financial backing from Security Benefit Corporation and Stonebriar Commercial Finance, SCF Realty Capital is building a diversified portfolio of high quality single tenant assets
SCF currently manages a portfolio of 263
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Quiktrak Expands Inspection Services Offering
2 days ago . 45 people watched
Enters commercial real estate, borrower’s certification markets with two new services Quiktrak, a global leader in asset verification and inventory audit solutions, announced that it has added two new inspection services to its portfolio
Quiktrak will now offer Commercial Real Estate Inspections and Borrower’s Certification Inspections to
NonBank Lender, a Stonebriar Commercial Finance company, provided $14.4 million of real estate purchase and improvement financing utilizing the SBA's 504 Loan Program
Days after its acquisition by Stonebriar Commercial Finance, NonBank Lender ("NBL") has completed the financing of a 145,000-square foot Industrial Warehouse facility in Los Angeles, California.
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Maxim Commercial Capital Funded 664 Transactions In 2019
5 days ago . 57 people watched
Maxim Commercial Capital announced it finished 2019 with the busiest December in the company’s 11-year history and funded 664 loans to small and mid-sized businesses (SMBs) during the year
Maxim lends $10,000 to $3 million secured by heavy equipment and real estate to facilitate asset purchases, enhance working capital and to refinance expensive
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Deloitte: Few Companies Prepared For New Lease Accounting
3 days ago . 58 people watched
"Following the release of both new lease accounting standards, it's clear that creating a centralized, electronic repository of all equipment and real estate leases held should be a priority for companies with leased assets," said Sean Torr, director leading Deloitte Advisory's efforts around the new lease standards, Deloitte & Touche LLP.
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Stonebriar Commercial Finance Promotes Bell And Fate
1 days ago . 53 people watched
Stonebriar Commercial Finance announced the promotion of Travis Bell to Managing Director of Originations
Bell joined Stonebriar in 2017 as part of SCF’s Real Estate platform acquisition
Bell has a demonstrable track record of success growing Stonebriar’s Real Estate platform and developing relationships across the industry
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Pathway Capital Adds New Hires To Financing Solutions Team
7 days ago . 59 people watched
Turner comes to Pathway with in-depth experience in real estate transaction underwriting and corporate finance
Previously, he worked in healthcare real estate doing loan origination and structuring, underwriting debt investments into senior secured loans and recapitalizations
He has also worked in corporate finance, structuring and executing
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Shafran Retiring From Chesswood Group, Marr Appointed CEO
5 days ago . 58 people watched
Sonshine, the CEO of RioCan Real Estate Investment Trust, is a Chesswood founder and its largest shareholder, and was a director of Chesswood (and its predecessors) from 1998 to 2012
Since that time, Sonshine has been an advisor to Chesswood’s board
Sonshine has been a director of some of Canada’s best-known companies, including the Royal
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Maxim Commercial Capital Funds Over 200 Deals In 2Q 2017
3 days ago . 57 people watched
Maxim provides financing in amounts up to $2,500,000, secured by equipment and real estate, to small and mid-sized businesses located nationwide
“We are proud to be able to provide essential financing to hard-working business owners who lack the capital they need to achieve their goals,” said Michael Kianmahd, vice president at Maxim.
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Industry Directory – Leasing Companies, Finance Companies
6 days ago . 60 people watched
Industry Directory of leading leasing companies, service providers, finance companies and banks within the equipment finance sector
Business profiles in the fields of Accounting, Risk Management, Financial Advisors, Portfolio Management, Financial Software and more
Commercial Finance Licensing Legislation In New York State
4 days ago . 59 people watched
Brett Garver concentrates his practice in the area of corporate law and finance
He has extensive experience in mergers and acquisitions, commercial securities work, corporate and commercial matters including corporate formation and structuring, corporate transactions, and negotiating and documenting commercial contracts and real estate and real estate finance transactions.
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Hitting Full Throttle: Will Commercial Finance M&A Rev Up
4 days ago . 62 people watched
These real estate concentration and interest margin issues are expected to be a continued thorn in the side of bankers across the country for the foreseeable future, which in turn should generate greater interest in non-real estate asset origination
Non-bank commercial lending businesses with good credit quality, strong management, solid
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Opus Bank Expands West Coast Commercial Banking Team
9 days ago . 53 people watched
Opus Bank (“Opus”) announced the further expansion of its West Coast Commercial Banking team with the hires of three additional senior bankers
Duncan Hughes, a 12-year banking veteran, joined Opus as Managing Director, Senior Client Manager and is responsible for further expanding Opus’ commercial and corporate client base in the Los Angeles
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LeaseAccelerator Reveals New Brand Design
Just Now . 41 people watched
LeaseAccelerator has a history of innovation and success in helping thousands of organizations around the world manage their portfolios of real estate, equipment and embedded leases
In a challenging year, LeaseAccelerator is working diligently to support its clients as they recover from the effects of the pandemic.
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LeaseAccelerator, NTrust Partner To Offer Global Lease
1 days ago . 55 people watched
LeaseAccelerator announced a partnership with NTrust, the global industry leader in developing technology-enabled services for the corporate real estate (CRE) industry
This partnership supports the delivery of Global Lease Services (GLS), an outsourced data solution that provides streamlined portfolio, fleet and equipment lease management for global organizations.
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Equipment Finance Industry News, Articles, Blogs For
3 days ago . 53 people watched
NonBank Lender, a Stonebriar Commercial Finance company, provided $501,759 of real estate purchase financing utilizing the SBA's 504 Loan Program
NonBank Lender ("NBL") has completed the financing of a 20,100-square foot Industrial Warehouse
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Access Point Financial Appoints Key Execs To Leadership
9 days ago . 56 people watched
Access Point Financial, LLC (APF), a leading direct lender and specialty finance company focused exclusively on the hospitality industry, revealed two new key appointments to its leadership team, with Angelo Stambules signing on as Vice President of Capital Markets and Loan Syndications, and Keith Avant joining as Chief Credit Officer
Both appointments were made as part of Access Point
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GE Capital Veterans Reunite To Launch Encina Equipment
9 days ago . 55 people watched
The firm emphasizes an opportunistic, value-oriented and risk-controlled approach to investments in distressed debt, corporate debt (including high yield debt and senior loans), control investing, convertible securities, real estate and listed equities
Headquartered in Los Angeles, the firm has over 900 employees and offices in 18 cities
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Maxim Commercial Capital Funds Deals In 32 States During
8 days ago . 57 people watched
Maxim lends from $10,000 to $3 million to SMBs nationwide, secured by heavy equipment and real estate, to facilitate asset purchases, working capital and to refinance expensive short-term debt
“We are indebted to our loyal customers, equipment vendors and finance brokers for their support in these trying times,” said Behzad Kianmahd
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Opus Bank Expands Commercial Banking Team
8 days ago . 41 people watched
Opus Bank announced the expansion of its Commercial Banking team in Los Angeles’ South Bay region with the hires of two senior bankers
Mark Hamburg, a 32-year banking veteran, has joined Opus as Senior Managing Director, Senior Client Manager, and Carlos Vega, a 13-year banking veteran, has joined Opus as Director, Client Manager
New Mill Capital Holdings, LLC ("NMC") and J.P. Morgan Asset Management – Global Real Assets ("GRA") announced a strategic partnership between institutional investors advised by J.P. Morgan Asset Management and NMC to jointly pursue acquisitions of surplus industrial equipment and real estate from U.S. corporations. The partnership will seek to provide liquidity to corporations …
Real Estate Agents - Working Conditions. In a typical work setting, real estate agents: Have a high level of social contact. They are in constant contact with buyers, sellers, and other agents. Are often placed in conflict situations in which buyers and sellers may be rude or angry.
What to do to sell your house successfully?
What to Do to Sell Your House Successfully: 12 Universal Tips Virtually Every Homeowner Can Use Sign on with a stellar real estate agent-STAT. Hiring the right real estate agent should be first on every home sale... Use the 'invade your space' test to make sure you've decluttered enough. What's on your nightstand? A box of tissues,... More ...
What you should know before becoming a realtor?
Before becoming a realtor, know that requirements vary from place to place. However, all states mandate that candidates have a high school diploma and be 18 or 19 years of age. To perform real estate duties, the person must complete state-approved courses and pass an examination to earn their license.
How much does it cost to sell a house?
The cost ranges from about $500 to $1,000. The title company will run a title search on the property during the sale process. If a lien on your home is revealed, you’ll also need to settle it before you can sell the house.