As some may know, I am a member of the committee that drafts the FR BAR contract. Yes, “FR” is correct, the “A for Association” was dropped. Among the other positive changes to the contract, the financing section received a much needed face-lift. The changes will go into effect November […]
Category: Blog
We’re proud of all our Real Estate practice team members and know that their dedication to quality service is what elevates Becker above the competition. Take a moment to get to know the talent behind your next transaction! Name Hugo V. Alvarez
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
In condominium associations throughout the state, it is common for there to be seasonal unit owners who leave their units unoccupied during portions of the year. For associations faced with periodically unoccupied units in multifamily condominium buildings, there are distinct legal issues worth considering in advance of problems arising.
Areas of Focus:
Condo, Co-Op & HOA
We’re proud of all our Real Estate practice team members and know that their dedication to quality service is what elevates Becker above the competition. Take a moment to get to know the talent behind your next transaction! Name Philip C. Rosen
