Ground Lease Armageddon
When an owner and a developer negotiate a ground lease for a development project, one of the most important issues they consider is the completion guaranty. …
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 āMembership Interestā 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 Canāt Overlook Minor Details
The UCC-1 filing process requires attention to detail and careful follow-through. …
Secured Lenders And Their Counsel Canāt 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 Ā„800m sale in Nagano, Japan, here are five of the most notable sales from March 2022 represented by the Sothebyās International RealtyĀ® 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…
Is your vacation rental in a risky wildfire zone? What you need to know
Toothbrush, socks, charger ā check. But do you have a wildfire evacuation plan for your Airbnb or other vacation rental?…
Fabulous and Functional: 5 Home Offices That Inspire Productivity
For the busy professional, having a home office can be non-negotiable. These studious, aesthetically pleasing spaces in homes from East Coast to West boast designs that balance elegance and efficiency.
Upper East Side Sophistication
Robert E. Doernberg,Ā Sotheby’s International…