Villa Firenze, sold last year for $51 million, asks $120 million
It’s a massive ask, especially considering there have been no major changes to the property. But in Beverly Park, all bets are off. …
How Do You Say “Membership Interest” For An Equity Pledge?
Pledges of LLC equity give borrowers more loan proceeds than ordinary mortgages would by themselves, though sometimes those extra proceeds are quite expensive. …
Housing Has A Troubled Future
Some Strength Remains, But Over Time, the Negatives Will Gain Force. …
Secured Lenders And Their Counsel Can’t Overlook Minor Details
The UCC-1 filing process requires attention to detail and careful follow-through. …
Secured Lenders And Their Counsel Can’t Forget The Minor Details In A Secured Loan
Anyone in the secured lending business, and their counsel, must approach the UCC-1 filing process with a fastidious attention to detail. …
Significant Sales: March 2022 Highlights
From a US$26.9M sale in Newport Coast, California to a JPY ¥800m sale in Nagano, Japan, here are five of the most notable sales from March 2022 represented by the Sotheby’s International Realty® global network.
Newport Coast,…
Imbuing Historic Buildings With Modern, Yet Respectful, Additions
Even as new high-rises fill the New York City sky, responsible developers are adding modern yet respectful touches to age-old buildings, preserving the structures but also investing them with function to meet the 21st century’s evolving…