New York Commercial Mortgage Transactions


Book Description

Written by one of the leading commercial real estate lawyers in the United States, Joshua Stein, this brand-new one-volume desk reference is a convenient manual to every area of New York mortgage law and practice as it affects the closing process for commercial mortgage loans. It blends legal theory with practical insights to give you complete coverage of the basics of the law plus:Detailed descriptions and explanations of all New York-specific issues including mortgage recording tax, usury law, construction lending issues and mortgage enforcement as well providing magic language that can maximize the lender's leverage after default in any transaction.Comprehensive analysis of issues affecting multistate transactions such as choice of law, loan allocation strategies and opinion concerns.Effective techniques for handling recent legal developments like the latest tax rulings on the availability of defeasance for New York mortgage loans, allocating indebtedness for multistate loans, managing risks associated with splitting one mortgage loan into two for enforceability, responding to recent anti-lender cases through strategic structuring of loan documents, and many others. with New York Commercial Mortgage Transactions on your desk, you will be able to confidently structure, negotiate and close commercial deals maximize the lender's remedies and leverage potential in the event of default and stand up under the weight of New York's complex commercial mortgage laws.




A Practical Guide to Commercial Real Estate Transactions


Book Description

For proven guidance and techniques for handling a commercial real estate deal, this practical guide will help you negotiate and close the deal. The authors cover each step of a real estate transaction in the order in which it generally arises, and offers pertinent advice, practice comments, and sample forms throughout. Because much of the real estate lawyer's practice revolves around transactional documents, the book's chapters emphasize the drafting, negotiation, and revision needed to get a deal closed. Written by a law professor and two real estate practitioners, this book offers a useful combination of text overview and practice pointers. It helps lawyers with less experience navigate through the maze of steps involved in a real estate transaction. At the same time, it serves as a valuable reference for more seasoned attorneys as well as those whose practice is concentrated in other areas of the law. Downloadable forms are available online.




Commercial Mortgages 101


Book Description

With real estate prices at their lowest in years and the economy poised for a rebound, it’s an opportune time to invest in commercial real estate. But credit and financing issues can still pose challenges that prospective borrowers must overcome in order to get the money and mortgage terms they need. Commercial Mortgages 101 is a step-by-step guide for both real estate investors and mortgage brokers, offering insight, practical tools and a thorough overview of commercial mortgage underwriting and credit analysis. Readers will learn how to: Think and speak like a commercial real estate lender • Quickly size and under write a basic commercial real estate loan • Prepare a personal cash flow statement and calculate true net worth and liquidity • Read and interpret a lender’s preliminary loan proposal • Create a Schedule of Real Estate Owned • Prepare a persuasive and professional loan request package • Choose the right form of ownership (including LP, LLC, Co-tenancy and others) • And more Both thorough and timely, Commercial Mortgages 101 reveals what readers need to ensure their loans are approved.




Commercial Real Estate Transactions Handbook


Book Description

With the number and complexity of commercial real estate transactions reaching unprecedented levels, professionals in this high-stakes industry face a daunting task: keeping up with the constant legal and regulatory changes that can impact every phase of a deal. Commercial Real Estate Transactions Handbook, Fourth Edition will help you plan, negotiate and close deals using the insights and strategies of nationally recognized real estate attorney Mark Senn and over 20 experts in the field. Collectively, the editor and contributors have handled virtually every possible variation of commercial real estate transactions. Their clear, concise discussions will guide you step-by-step through each phase: Land and space acquisition Creating the owning entity, design and construction, due diligence, interim and term financing, and occupancy leases The ultimate sale or disposition of the project In addition, Commercial Real Estate Transactions Handbook is logically organized by topic, so you always find the information you need quickly and easily. Each chapter covers one broad topic area. Major subjects are then distilled into highly informative sections that focus on specific practice-oriented suggestions from the unique perspective of the and“less experiencedand” or and“disadvantagedand” party.




Hillman on Commercial Loan Documentation


Book Description

With the help of Hillman, you'll conduct effective due diligence on prospective borrowers; use loan closing checklists that ensure every key step is taken to get solid deals done; obtain comprehensive hazard insurance that shields lenders, and draft agreements that protect lenders from environmental risks, resolve conflicts with creditors, and allow lenders to capitalize on lucrative financing opportunities.




Investing in Commercial Mortgage-Backed Securities


Book Description

Commercial mortgage-backed securities (CMBS)-securitizations of mortgage loans backed by commercial real estate-have become compelling devices for fixed income investing. This title, edited by renowned financial expert Frank Fabozzi, describes the structure, valuation, and performance of CMBS, illustrates an empirical framework for estimating CMBS defaults, instructs how to value prepayment and credit risks of CMBS, and more.







A Practical Guide to Commercial Real Estate Transactions


Book Description

Make sure the real estate deal is handled correctly each step of the way. This comprehensive guide covers all aspects of a commercial real estate transaction and offers advice, commentary, and forms to expertly negotiate and close the deal. This revised edition features new forms and covers recent changes in law and practice, including the USA Patriot Act, anti-money laundering laws, the subprime mortgage crisis, and terrorism and hurricane insurance. Includes CD-ROM.




Commercial Finance Guide


Book Description