Housing Market Forecast Webinar: Q3 2022

Many real estate agents get into the sales from a previous job where they were an employee. As a result they often fail to recognize the needs and requirements of running a business and continue to exhibit the behaviors of an employee. In this webinar we will discuss the importance of recognizing a real estate career as a business and not a job. We will then look at the different stages of business growth, what may stop a real estate business from growing, and what bridges must be built to get to the next stage.

Data is the lifeblood of today’s commercial real estate industry. Everyone recognizes the value of data, yet business intelligence tools are notoriously complex to implement, difficult to maintain, and slow to prove themselves. So, how can CRE firms effectively leverage data to assess trends, analyze portfolios, maximize returns and minimize risk?

Mortgage modifications allow borrowers and lenders to extend loan maturity, prevent defaults and foreclosure, and otherwise restructure loan terms. They provide an opportunity for lenders to "clean up" documentation ambiguities and potentially contentious issues, as well as obtain waivers and releases as part of the consideration for granting the term changes. Modifications that significantly revise the loan terms increase the risk that subordinate lenders and bankruptcy trustees may challenge the priority of liens encumbering the mortgaged property. This is particularly true when a modification relates to an incomplete construction project that is being restarted. Title insurance policies have discontinued creditors' rights coverage and do not protect against a loss of lien position. They have also significantly reduced or altered the scope of mechanics' lien coverage. Counsel involved with loan modifications must know how to obtain the optimal title insurance coverage. Listen as our authoritative panel of attorneys discusses current trends in commercial mortgage modifications and strategies for lenders' and borrowers' counsel to ensure that changes protect their clients' interests against potential lien issues, title pitfalls, and bankruptcy concerns.

Watch this previously recorded webinar for real estate and legal professionals. Real Estate Holdings and Legal Entities show how to design an entity management practice for real estate investment.