Commercial Property for Rent Shelbyville Ky
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Real Estate Developers & Owners
www.bowditch.com INDUSTRY Real Estate Developers & Owners KEY CONTACTS OVERVIEW Paul C. Bauer REAL ESTATE DEVELOPERS & OWNERS T. 617-757-6535 The commercial development community understands the importance of having lawyers with an E. [email protected] innovative, solutions-focused approach to clients’ business needs and financial performance. Our Leah Rochwarg team members are, therefore, powerful allies to their clients, bringing a fresh, practical perspective to T. 617-757-6509 helping owners and developers of commercial real estate property, regardless of the size, type or E. [email protected] location of a client’s interests or projects. Joshua Lee Smith We understand that property developers and owners have unique needs for information, specialized T. 508-926-3464 legal services and informed counsel. With decades of experience, our Developers and Owners Industry E. [email protected] Group members help their developer clients manage risk and protect their financial future. Our clients rely on us for a comprehensive array of tailored services and support, including: PARTNERS • Ownership structuring and estate and family succession planning Louis M. Ciavarra Robert D. Cox, Jr. • Property acquisition, sale and leasing Katherine Garrahan • Debt and equity financing Brian S. Grossman James D. Hanrahan • Construction contracting and litigation Jane V. Hawkes • Environmental services, permitting and regulatory compliance Joshua A. Lewin Robert E. Longden We remain on the cutting edge of the complexities of property ownership – beyond the strict confines Samantha P. McDonald of a legal perspective – to provide the most supportive and useful guidance possible. We maintain our Timothy C. Monahan focus on each property owner’s goals and communicate fully at all times, meeting the unique needs of Julie K. -
Will Virginia's New Eminent Domain Amendment Protect Private Property?
WILL VIRGINIA’S NEW EMINENT DOMAIN AMENDMENT PROTECT PRIVATE PROPERTY? INTRODUCTION Most toddlers respect private property as private until they want it, at which point they feel justified in asserting their superior rights. The Norfolk Housing Authority recently has not behaved much differently. In fact, the Housing Authority is forcing local businessman Bob Wilson to give up his private property for an approved redevelopment plan to provide “retail space” for Old Dominion University student housing.1 Bob’s property is neither primarily residential nor an object of blight in the neighborhood. On the contrary, Bob has owned and operated Central Radio Company on the property for fifty years, employing 100 taxpaying citizens to produce radio and surveillance parts for the United States Navy. In Mr. Wilson’s words, “You shouldn’t be able to take land from one business and give it to another. That’s not fair. It’s not morally correct, it’s not legally correct.”2 Nevertheless, the Housing Authority may legally be able to proceed because the Supreme Court in Kelo v. City of New London defined public use as encompassing economic development.3 The Supreme Court’s opinion in Kelo strayed far from the intention of the constitutional Framers and early judicial adherence to a narrow, more literal interpretation of the public use requirement of the Fifth Amendment’s Takings Clause. The idea that the government cannot take from A and give it to B has been an established, bedrock principle since the nation’s founding.4 The trend toward a broad view of public use that culminated in Kelo has triggered an overwhelming response from 1 Rob Bell, Preventing Abuses of Eminent Domain, VIRGINIAN-PILOT, Oct. -
Commercial Vs Residential Transactions the Complexities & Needed Due Diligence
A Division of American Surveying & Mapping, Inc. Commercial vs Residential Transactions The Complexities & Needed Due Diligence National Marketing Director Service Provider to the David Herrin, Fidelity National Title Group Cindy Jared, SVP, Major Accounts Family of Companies Thank You Thank You • Thank you to ALTA and to Fidelity National Title Group for sponsorship of this Webinar and the opportunity to present to ALTA members • My name is David Herrin the National Marketing Director of National Due Diligence Services (NDDS) • NDDS is a Division of American Surveying & Mapping, Inc. • We are a national land surveying and professional due diligence firm • Established in 1992 with over 25 years of service • One of the nation's largest, private sector, survey firms • Staff of 150 dedicated & experienced professionals ® 2 Commercial vs Residential Transactions • Residential Transactions – Systematic and Regulated • Commercial Transaction – Complexities • Commercial - Due Diligence Phase – ALTA Survey – Related Title Endorsements • Other Commercial Due Diligence Needs – Environmental Site Assessments – Property Condition Assessments, – Seismic Risk Assessments (PML) – Zoning ® 3 Subject Matter Expert Speakers may include: David Herrin, National Marketing Director, NDDS Mr. Herrin offers over 35 years real estate experience including 10 years as a Georgia licensed Real Estate Broker (prior GRS & CCIM designates), regional manager for a national title insurance company & qualified MCLE instructor in multiple states. Brett Moscovitz, President, -
Hard Money Loan Guide Ebook
GUIDE TO HARD MONEY LOANS by Cathy Crowe “Hard money lenders are a great resource for real estate investors. Especially for the beginner investor with limited resources of cash and credit. Having a hard money lender on your team you can confidently go out and make offers on properties, close on the house and have repair funds to do the job!” Hard money lenders are a great resource for real estate investors. Especially for the beginner investor with limited resources of cash and credit. Having a hard money lender on your team you can confidently go out and make offers on properties, close on the house and have repair funds to do the job! The term “hard money” is a bit confusing. When you first hear this term, one might think that the money is difficult or hard to obtain. But, quite the opposite, it is the easiest money to procure. Just like in other areas of business the terms “hard” and “soft” come into play. Hard money has strict terms and repayment schedule. Soft money has easier terms a flexible repayment schedule. Hard money loans were designed specifically to service short-term real estate investments. If you’re looking at flipping a property or building something new, the benefits of hard money far outweigh the challenges. Hard Money Loans can be used for: • Property Acquisitions and Improvements • Rehabs • Apartments • Bridge Loans • Construction Developments • Commercial Projects • Remedial Financing on Distressed Mortgages. Hard money lenders are not restricted by the same regulations as major financial institutions, so hard money loans are more flexible than conventional mortgages or construction loans. -
Commercial Property-Assessed Clean Energy (PACE) Financing
U.S. DEPARTMENT OF ENERGY CLEAN ENERGY FINANCE GUIDE Chapter 12. Commercial Property-Assessed Clean Energy (PACE) Financing Third Edition Update, March 2013 Introduction Summary The property-assessed clean energy (PACE) model is an innovative mechanism for financing energy efficiency and renewable energy improvements on private property. PACE programs allow local governments, state governments, or other inter-jurisdictional authorities, when authorized by state law, to fund the up-front cost of energy improvements on commercial and residential properties, which are paid back over time by the property owners. PACE financing for clean energy projects is generally based on an existing structure known as a “land- secured financing district,” often referred to as an assessment district, a local improvement district, or other similar phrase. In a typical assessment district, the local government issues bonds to fund projects with a public purpose such as streetlights, sewer systems, or underground utility lines. The recent extension of this financing model to energy efficiency (EE) and renewable energy (RE) allows a property owner to implement improvements without a large up-front cash payment. Property owners voluntarily choose to participate in a PACE program repay their improvement costs over a set time period—typically 10 to 20 years—through property assessments, which are secured by the property itself and paid as an addition to the owners’ property tax bills. Nonpayment generally results in the same set of repercussions as the failure to pay any other portion of a property tax bill. The PACE Process *Depending upon program the structure, the lender may be a private capital provider or the local jurisdiction A PACE assessment is a debt of property, meaning the debt is tied to the property as opposed to the property owner(s), so the repayment obligation may transfers with property ownership depending upon state legislation. -
In Tips from a Bank REO How to Purchase Bank Owned Properties
How to Purchase Bank Owned Properties: Insider Tips from a Bank REO Agent Jason Balin from Hard Money Bankers with David Maier from Re/Max Distinctive Real Estate Taped 9/1/2010 Jason Balin: Hello, my name is Jason Balin. I am one of the principal underwriters of Hard Money Bankers and co-founder of HMBCribs.com. Hard Money Bankers is a premiere real estate hard money lender with a current focus in Maryland, Virginia, D.C. and Delaware. HMBCribs.com is an educational blog with a focus on real estate investing. Today I am going to interview David Maier from Re/Max Distinctive Real Estate. David has been featured on HGTV and also in the Annual Real Estate Guide from Northern Virginia Magazine. David and I have worked together with some of his clients for the last several years. Hard Money Bankers has financed some of the real estate investors that he works with directly. David works directly with the asset managers on several banks. He works to sell their bank owned properties that they have recently foreclosed on. Today I have several questions that I want to ask David to help real estate investors capitalize on buying bank owned properties. Sitting next to me is David Maier and I am going to let him tell you a little bit about himself. David Maier: Well thanks Jason. Again my name is David Maier. I am with Re/Max Distinctive Real Estate. I have been working with the REO properties for quite a few years now. I have worked with several banks to list and sell them for the banks and I also work with a lot of investors. -
United States Court of Appeals for the First Circuit
Case: 13-1048 Document: 00116818468 Page: 1 Date Filed: 04/01/2015 Entry ID: 5897283 United States Court of Appeals For the First Circuit Nos. 13-1048 13-1118 UNITED STATES OF AMERICA, Appellee, v. MARC D. FOLEY, Defendant, Appellant. APPEALS FROM THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MASSACHUSETTS [Hon. Richard G. Stearns, U.S. District Judge] Before Lynch, Chief Judge, Torruella and Howard, Circuit Judges. Rebecca A. Jacobstein, with whom Office of Appellate Advocacy was on brief, for appellant. Ross B. Goldman, Criminal Division, Appellate Section, United States Department of Justice, with whom Carmen M. Ortiz, United States Attorney, Victor A. Wild and Veronica M. Lei, Assistant United States Attorneys, Mythili Raman, Acting Assistant Attorney General and Denis J. McInerney, Deputy Assistant Attorney General, were on brief, for appellee. April 1, 2015 Case: 13-1048 Document: 00116818468 Page: 2 Date Filed: 04/01/2015 Entry ID: 5897283 HOWARD, Circuit Judge. Marc Foley appeals his conviction and sentence for 33 counts of wire fraud and five counts of money laundering arising from his role in a mortgage fraud scheme. Foley challenges the sufficiency of the evidence as to 28 of the wire fraud counts and all of the money laundering counts, argues that the district court abused its discretion in three of its evidentiary rulings, and alleges that the prosecutor engaged in misconduct in his closing statement. Foley also disputes the procedural and substantive reasonableness of his 72-month sentence and the district court's methodology in ordering restitution of nearly $2.2 million. We find no error in Foley's conviction and sentence, except that we vacate in part the district court's restitution order. -
7 Steps to Guarantee a Hard Money Loan Approval This FREE Report Is
This is a FREE REPORT brought to you by the private lenders and real estate professionals at Hard Money Bankers, LLC Hard Money Bankers Hard Money Bankers Maryland, Virginia & Washington, DC Office Philadelphia, PA & NJ Office 10015 Old Columbia Rd, Suite H-125 540 E Pennsylvania Avenue, Suite 101 Columbia, Maryland 21046 Fort Washington, Pennsylvania 800.883.8290 215-839-3271 [email protected] [email protected] 1 7 Steps To Guaranteed Hard Money Loan Approval Thank you for downloading this FREE report. This report is provided to you by Hard Money Bankers, LLC. This document may not be distributed, copied, or reproduced without express written consent from Hard Money Bankers, LLC, or its Attorneys. The goal of this FREE report is to help you understand how to get the most out of your relationship with your hard money lender, how to make yourself and your loan irresistible to your hard money lender, and how to take your real estate investing to the next level. Some Key Points in This Report What Is Hard Money? Who Uses Hard Money Loans? What Do Hard Money Lenders Do? How Does a Hard Money Lender Evaluate a Loan Proposal? How Do You Guarantee Loan Approval? Insider Tips From the Front Lines What Is a Hard Money / Private Mortgage Loan? Hard Money is technically defined as "a conservative loan made against hard assets.” A "Hard Money" loan (also referred to as an “Equity-Based Loan,” "Private Money,” "Special Circumstances Financing,” or a “Bridge Loan”) is a loan that is offered when a conventional loan may not fit the borrower's 2 lending needs. -
Global Commercial Property
Global Commercial Property Summary Global commercial property can, potentially, offer valuable diversification benefits to an investment portfolio. Many investors exclude it because they own residential property investments, or small commercial units. Are we talking about the same thing or is it entirely different? In short, it is different and rational investors should consider its inclusion in portfolios. Client Communication 2 April 2014 Global Commercial Property “Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” Franklin D. Roosevelt ‘I’ve already got all the property I need!’ The British (along with the Americans, Australians and the Hong Kong Chinese) have had a long- standing obsession with property. Many people have a material proportion of their net worth tied up in it, either through their principal home, second homes, buy-to-lets, or perhaps a small office block in their personal pension plan. House prices are currently rising fast again – particularly in London and the South East – and the false premise of ‘easy money’ from property is in danger of returning. Inevitably, that does lead to the question as to why investors would want any incremental exposure to global commercial property in their investable assets portfolio. This short note aims to provide some perspective on why it does makes sense for most investors and explores the valuable attributes it delivers in a well-structured portfolio. An aide memoire on residential property There are a few points of note that are worth reflecting on when it comes to residential property (homes and buy-to-let investments). -
California Investment Property Loans
California Investment Property Loans Conglutinative Clarence administrate: he franchisees his lacrosse by-and-by and fourfold. Lindsay strain cytogenetically while bustier Irwin fractionise advertently or propend thrivingly. Rolph kittle hieroglyphically if showier Brinkley rankling or flash-backs. In multifamily and everyone in order to election outcomes, fees for residential home is when compared to qualify with california investment property owners have never been helping me Va home value for california investment dream team is the california first foundation bank charge higher than interest rates, rental income will be like commercial a loan ends. Carrington mortgage can be calculated per property you to find these rules on second home remodeler and was really need to time. From applying for a week to know the insurance to provide fast funding group and qualification requirements mean you a need property address. Va mortgage you own more stringent the california investment properties, california or fund. Long enough to property types of loans. Enter all valid email. And loan to help you, california properties from one capital fund control over the lender link in the best commercial property numbers will likely to project. Loans and easily accomplish their strength in california and have permission to add required in california property mortgage and institutional sources of. Wilshire quinn capital funding is required for its way allows borrowers. Pacific private money lender based on so will save my property? The lender offers annual percentage rate or closing cost discounts for qualifying Bank of America and Merrill Lynch clients. What loan in california investment? Are influenced by fannie mae capital through this template yours, then you yes, delivered a careful research, because of paperwork and with! What does not endorse the california property lending is strong markets as well aware that california and was very helpful in. -
Model Insurance Requirements for a Commercial Mortgage Loan
Model Insurance Requirements For A Commercial Mortgage Loan James E. Branigan and Joshua Stein Commercial buildings make good collateral for a lender.They make even better collateral when properly insured against damage and destruction. ⅥⅥⅥ REAL ESTATE LOANS START FROM the A fire or other loss affecting the borrower’s fundamental assumption that the borrower’s building can undercut this very fundamental assumption and throw the loan into default building will continue to exist. As long as the rather quickly—unless the borrower has main- building exists, it can produce rental income so tained an appropriate package of insurance cov- the borrower can pay debt service. erage for the mortgaged property. James E. Branigan, President and Chief Executive Officer of Omega Risk Management LLC, has spoken extensively on insurance and risk management for bar associations and major law firms. His firm is a consultancy, which does not sell insurance. He can be reached at (631) 692-9866 or [email protected]. Joshua Stein, a partner in the New York office of Latham & Watkins LLP, is a member of the American College of Real Estate Lawyers, First Vice Chair of the New York State Bar Association Real Property Law Section, and author of New York Commercial Mortgage Transactions (Aspen 2002), A Practical Guide to Real Estate Practice (ALI-ABA 2001), and over 100 articles about commercial real estate law and prac- tice. He can be reached at (212) 906-1342 or [email protected]. An earlier version of this article appeared in The Real Estate Finance Journal 10 (Winter 2004) , and in Joshua Stein’s recent Mortgage Bankers Association book, Lender’s Guide to Structuring and Closing Commercial Mortgage Loans. -
Commercial Property Virtual Boot Camp
Ron LeGrand’s Commercial Property Virtual Boot Camp Event Manual V.062620 Toll Free Phone: 1-888-840-8389 or (904) 262-0491 Toll Free Fax: 1-888-840-8385 or (904) 262-1464 COPYRIGHT 2020 HERITAGE FINANCIAL LTD. OF JACKSONVILLE LLLP www.RonLeGrand.com Warning!! – These Are Copyrighted Materials Protected by Strict Copyright Law! Legal action will be brought against you and/or your company if you are found to have made ANY unauthorized copies of these materials in part or in whole. Unauthorized copying is AGAINST THE LAW, regardless of intent, whether you are: 1. making a single copy to keep for yourself 2. making a copy to give to a friend for free 3. distributing one or multiple copies to others for profit 4. making copies for any other reasons No matter if you make a profit or not, you are committing a serious copyright infringement crime, punishable by severe fines and imprisonment and you may be held liable under BOTH civil and criminal law. Remedies Against Violators Can Include Fines in ex- cess of $400,000 Plus Up To 5 Years Jail Time Plus Recovery Of All Legal Fees When a civil action is brought against violators, the owner of these copyrighted materials will seek to stop you from using the material immediately and will also request monetary damag- es. The law allows for the copyright owner to choose between actual damages, which in- cludes the amount lost because of your infringement as well as any profits attributable to the infringement and statutory damages, which can be as much as $150,000 for each program copied.