Closed! Represented the Lender on a $13.5 million predevelopment refinance bridge loan in Fort Myers, FL. The loan will help the borrower bridge its financing until it secures its construction loan on its exciting development project! Reach out if you ever want to connect, have any questions, or have an upcoming real estate transaction or... Continue Reading →
$19 Million Closing on Loan Spreader Modification in Orlando, FL
Closed! Represented the Borrower on a loan spreader modification of its existing $19 million loan on a bulk portfolio of condominium units in Orlando, FL. Reach out if you ever want to connect, have any questions, or have an upcoming real estate transaction or general corporate matter. We have the best team, experience, and skills... Continue Reading →
COVID-19 – Does My Loan Allow for Additional Financing?
As I continue to cover the experiences I have encountered in the real estate world relating to COVID-19 and how I have counseled my clients to handle same, the next few blog posts will focus on the lending market and finance related issues. In this blog post, I cover a question that has been asked... Continue Reading →
New FinCEN Advisory – Cybercrime Exploiting the COVID-19 Pandemic
On July 30, 2020, the Financial Crimes Enforcement Network (FinCEN) issued its latest advisory on Cybercrime and Cyber-Enabled Crime Exploiting the Coronavirus Disease 2019 (COVID-19) Pandemic (see link to the advisory). In this blog post, I highlight the importance of the advisory and the need for the applicable parties (financial institutions, title companies, closing agents,... Continue Reading →
#TBT Closing – $33 Million Dollar Construction Loan
#TBT Closing! This week I am looking back at a deal representing a private lender based here in South Florida on an approximate $33 million dollar construction loan facility for an apartment complex and over 140-unit townhome development in Miami, FL. Besides the land and project for construction, the deal was also collateralized by an... Continue Reading →