NEW BOOK – Illinois Commercial Real Estate
I’m happy to announce that the website for my new book, Illinois Commercial Real Estate is now live. Visit www.Illinois-CRE.com for a book excerpt. Illinois Commercial Real Estate, Due Diligence to Closing, with Checklists, is intended as a…
DUE DILIGENCE CHECKLISTS for Commercial Real Estate Transactions
2016 Updat Are you planning to purchase, finance, develop or redevelop any of the following types of commercial real estate in the USA? A KEY element of successfully investing in commercial real estate is performing an adequate Due Diligence…
LENDING BLIND – SIX YEARS AFTER LEHMAN’S COLLAPSE
Commercial Real Estate Lending: What You Don’t Know Can Hurt You! If there is anything commercial real estate lenders have learned during the collapse of the commercial real estate market over the past five or so years, it would be the…
IN PRAISE OF REAL ESTATE DEVELOPERS – Let’s Do Lunch!
This article is being republished as a welcoming salutation to many of my long-lost Real Estate Developer friends. You have been missed over the past several years. Call me. Let’s do lunch! Did I happen to mention I love Real Estate…
10 THINGS EVERY BUYER NEEDS TO CLOSE A COMMERCIAL REAL ESTATE LOAN
Commercial Real Estate Closings Since 1978, I have represented borrowers and lenders in commercial real estate transactions. Throughout the process of negotiating the sale contract, all parties must keep their eye on what the Buyer’s lender…
Land Patent Defense is Frivolous, Sanctionable, and a Class 4 Felony in Illinois
The law is clear. The so-called “Land Patent” defense does NOT work. This is not earth shattering news, but it is a reminder that defenses to mortgage foreclosure actions must be well grounded in fact and warranted by existing law or a…
Dancing with Gorillas – Roulette – and CRE Litigation
The Time to Decide – Commercial Real Estate Litigation A sage once said, “The time to worry about where the ball will drop is before the wheel is spun”. He was speaking about roulette, of course, but the wisdom of these words has much broader…
REAFFIRMED: LLC Members Do NOT Have Interest in LLC Property
Court Reaffirms that LLC Members Are Separate From the LLC and DO NOT Have An Ownership Interest In The LLC’s Property. Therefore Member Can File Lien. Just a brief post regarding LLC Property: On September 3, 2013, the Illinois Appellate Court for the…
CREC Capital Markets Review – CHICAGO
May 14, 2013: The Chicago Real Estate Council hosted a panel of experts during a lunch meeting today to discuss the current state of commercial real estate industry capital markets. The panel was moderated by Dave Hendrickson of Jones Lang LaSalle, and…
BOTTOM FEEDERS – A Leading Economic Indicator?
Bottom Feeders – and Bottom Feeder Funds – Our New BFF? Bottom feeders have a distasteful reputation with some – but, truth be told, they are among the most reliable leading economic indicators of recovery for the commercial real estate industry. There…