Over the last few days, I have been flooded with articles about one mortgage company after another laying off hundreds, or thousands of employees because over the last several weeks, mortgage originations are down. Similarly, I am seeing articles that title companies who close residential loans, are laying off employees […]
Author: David Blattner
As we watch the news each night, we see images of the devastating war in Ukraine. Millions of Ukrainian citizens have been displaced from their homes and are now considered refugees. The humanitarian crisis grows every day. It’s hard to imagine how such suffering can reach our daily business transactions […]
In early January, we learned that the inflation rate reached a staggering 7%, the highest rate since 1982. Analysts blamed many things for this increase. COVID and supply chain issues are cited as two of the leading causes. I don’t suppose it matters much to the average person why everything […]
Everybody who has ever bought a house knows that the property inspection is a crucial part of the purchase process. The property inspector tells the buyer whether the house is in good condition or if repairs are necessary. If nothing else, buyers pay close attention to the roof inspection. A […]
Borrower Beware of Funding Reserves
09.29.2021
Lending is a very competitive market today. When a lender presents a term sheet, it is very important to scrutinize all of the salient terms. How reserves are to be funded and held can change the dynamics of the transaction.
Areas of Focus: Real Estate, Commercial Leasing, Real Estate Finance, Real Estate Acquisitions and Sales
