Unique Challenges with Condominium Development in Urban Areas

lorman

Oftentimes insufficient time is factored in for project design and technical review and obtaining required government approvals. Developers may also not fully appreciate the challenges that will be faced in funding the development, structuring the condominium regime and negotiating with associations and surrounding property owners to address title, easement and cost-sharing agreements. Additionally, operational issues associated with an urban condominium development, such as parking, transportation, use restrictions, public space enjoyment, integration of different types of users and ongoing cooperation with governmental agencies, can present ongoing challenges.
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Spotlight

Our experts at Sixense digital design and deploy digital solutions that enhance infrastructure and their life cycle.

The solutions accelerate innovation and digital transformation to drive quality, guarantee safety, optimise and control the complexity of operations.

The enhancement of your data is the basis for the optimisation and management of your infrastructure. It also gives you access to the benefits of predictive analysis.

OTHER ON-DEMAND WEBINARS

Seniors Housing Investor Outlook 2018

NIC

Our discussion will highlight: - National and local area construction and absorption trends - Labor market observations - NIC/NREI Investor Sentiment Survey results - Transactions volume, pricing and cap rate trends - Comparative commercial real estate investment performance returns - Current trends and near-term outlook for seniors housing market fundamentals
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Navigating Lender Liability for Environmental Cleanup and Remediation Costs

While federal law largely shields lenders from environmental liabilities and cleanup costs on indebted properties, lender missteps and poor loan documentation can result in a loss of that protection and put lenders on the hook for environmental remediation. Environmental hazards can also negatively impact a borrower's ability to repay the loan and decrease the collateral value, which is why it is essential to uncover the hazards before the closing of the loan and formulate a plan, whether a Phase I environmental site assessment or some lesser action. A critical protection for the lender is an indemnification agreement with the borrower as part of the loan documentation. Other key loan agreement provisions include reps and warranties, covenants, notice provisions, and inspection rights. Another option for the lender is to require the borrower to obtain insurance, usually in a pollution policy. Lender environmental due diligence at the time of a loan default or workout is also critical as environmental hazards must be considered when assessing the collateral value and a workout plan. Of course, if foreclosure appears imminent, the lender liability must be carefully evaluated as the lender prepares to take possession of the property. Listen as our authoritative panel of experienced attorneys analyzes lender liability for environmental cleanup and remediation liabilities. The panel will discuss theories of liability and best practices for lenders to minimize direct liability and diminution of the collateral value. The panel will address risk mitigation in loan origination and during the life of the loan, including workouts and foreclosures.
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How to Tap Unlimited Funding for Your Real Estate Deals

BiggerPockets, LLC.

If you poll a group of real estate investors on what they need right now in their business, 9 out of 10 of these investors would say “money” to do more deals! One of the best unlimited funding sources is utilizing retirement accounts. A recent statistic states that there are two TRILLION dollars held in retirement accounts; however, only 2% of these accounts are invested in real estate! In this free webinar, Matt Faircloth (Author of BP’s book on Raising Private Capital) is going to teach you how to tap one of the best unlimited funding sources for your real estate deals!
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Real Estate Investing With Retirement Funds

RocketDollar

Real estate investing is a great way to diversify your portfolio, and it can get even better when your capital gains can grow tax-free. In this webinar, Chris Palmisano, Rocket Dollar COO/CRO and angel investors sat down with Matt Silk, real estate investor and fund manager, to discuss real estate investing in Austin. They dig into expected returns and why they expect the Austin market to be profitable in the coming years. Matt also shares his experience as a Rocket Dollar customer and how he uses his Self-Directed account to invest.
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Spotlight

Our experts at Sixense digital design and deploy digital solutions that enhance infrastructure and their life cycle.

The solutions accelerate innovation and digital transformation to drive quality, guarantee safety, optimise and control the complexity of operations.

The enhancement of your data is the basis for the optimisation and management of your infrastructure. It also gives you access to the benefits of predictive analysis.

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