Heck of a year, to say the least. In the interest in brevity, let me keep it short n’ sweet. Here’s my 2021 predictions. The Plague The very obvious question is if there will be a negative impact on real estate because of the Covid-19/Coronavirus. Short answer, Yes. Long answer, Yes again. This especially so…
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A small talk with a potential investor could lead to your dream investment. But how do you approach such a conversation? You are working day and night on your startup. You got a winning team and are doing your best to develop a great product. Now all you need is to find investors. You know…
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An effective way to receive the venture capital that you need is by selling your business to the venture capital (VC) firms. But of course, you should never approach those venture capitalists empty handed. Keep in mind that VC firms will have to evaluate the viability of your business, first based on your business plan…
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If your business is in need of crane equipment, then you will have to think of ways to acquire it. And rather than trying to utilize your business funds or resorting to a business loan for purchasing the equipment, you may be better off choosing to lease it. Below are the three ways you can…
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Last week I blogged on the problems associated with LIBOR. It is abundantly clear that something needs to be done to replace the LIBOR index as a measure of market interest rates. I pointed out that $350 trillion in financial instruments worldwide are currently tied to LIBOR. Regardless of which index the authorities end up…
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I am looking for an expert witness in a commercial real estate lending case. You will be paid an expert witness fee for your time, and qualifying as an expert looks great on your resume or your website. Here are the details. Lesson From Business School: Have you ever wondered why Elon Musk is so…
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Some more green shoots are visible as the bridge lenders are starting originations also. The warehouse lending market (big banks lending to debt funds) has started up again, with more cautious leverage. The warehouse lenders will also monitor loan collateral more closely. The difference between a commercial mortgage banker and a commercial mortgage banker is…
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The time to buy is when there’s blood in the streets. — Baron Rothchild, 1815, Member of the Rothchild banking family. There is an interesting story about this quote. Baron Nathan Rothchild was one of five sons of Mayer Amschel Rothchild. Mayer was the founder of the famous and incredibly wealthy Rothchold banking family. They…
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The Coronavirus Crisis is now the fourth commercial real estate crash that I have experienced in my forty years of running our family commercial mortgage company, Blackburne & Sons. They seem to happen about once every twelve years. Each time commercial real estate fell by exactly 45%. To those of you who are commercial loan…
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Conduit loans, also known as CMBS loans, enjoy a fixed rate for a whopping ten years. Unlike a fixed-rate commercial loan from a bank, there is no rate readjustment after five years. The rate is fixed for the entire ten years. And with ten-year Treasuries at just 0.79%, there has never been a better time in…
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