REIT Joint Ventures Unfazed By Credit Market Tumult
by According to this article in Retail Traffic Magazine, REIT Joint Ventures Unfazed By Credit Market Tumult. I have done a fair amount of work with …
Category: Real Estate Space Blog Posts
Imported posts from my old Real Estate Space blog
Exceptions to Limited Liability
Last week I noted the story and decision of City of Springfield Code Enforcement v. Concerned Citizens for Springfield, Inc., et al. in which Housing …
Reasonable Efforts versus Best Efforts
Ken Adams, author of A Manual of style for Contract Drafting, published this article in The Practical Lawyer: Understanding Best Efforts and Its Variants. I …
Discharging Old Mortgages
When browsing through Massachusetts Lawyers Weekly, I came across Kowalczyk, et al. v. Estate of Smiarowski (Lawyers Weekly No. 14-087-07) (6 pages) (Sands, J.) (Land …
Real Estate Development From Beginning to End in Massachusetts
I will speaking as part of the seminar: Real Estate Development From Beginning to End in Massachusetts in Dedham on November 16, 2007. Agenda 8:30 …
Secured Real Estate Mezzanine Lending
I just received a copy of an article by James D. Pendergast, Senior Vice President and the General Counsel of the U.C.C. Division of the …
New Predatory Lending Regulations – (18) Prohibiting Discrimination
The Attorney General is proposing new regulations under the Consumer Protection Act (M.G.L. 93A). The new regulations add new prohibited activities as provisions (15), (16), …
New Predatory Lending Regulations – (17) Loans Not in the Borrower’s Interest
The Attorney General is proposing new regulations under the Consumer Protection Act (M.G.L. 93A). The new regulations add new prohibited activities as provisions (15), (16), …
New Predatory Lending Regulations – (16) No Documentation Loans
The Attorney General is proposing new regulations under the Consumer Protection Act (M.G.L. 93A). The new regulations add new prohibited activities as provisions (15), (16), …
New Predatory Lending Regulations – (15) Lender Must Believe the Borrower Can Repay
The Attorney General is proposing new regulations under the Consumer Protection Act (M.G.L. 93A). The new regulations add new prohibited activities as provisions (15), (16), …
Summary of Proposed Predatory Lending Regulations
The Attorney General is proposing new regulations under the Consumer Protection Act (M.G.L. 93A). The Attorney General summarized wants to enact the new regulations to: …
Predatory Lending Regulations and Hearing Schedule
The Massachusetts Attorney General is reacting to the current sub-prime mortgage lending situation by proposing several new regulations under M.G.L. 93A A copy of the …
Relocation Of An Easement
I must have missed this case when it came out in 2004, but Massachusetts has changed the law on the ability to relocate an easement …
1031 Exchange Do’s and Don’ts
Rochelle Stone, of Starker Services Inc., wrote this article in the National Real Estate Investor: 1031 Exchange Do’s and Don’ts. She points out the importance …
Safeguards for the Paperless Registry of Deeds
Dick Howe of the Middlesex North Registry of Deeds in Lowell wrote about the safeguards being put in place as the real estate records are …
New Uniform Act on Limited Liability Companies
The ABA approved the new Uniform Act on Limited Liability Companies [Press Release] updating the 1996 Act. Limited Liability Companies still dominate the ownership structures …
Turning a Debt into A Personal Guaranty
In the case of Orix Financial Services, Inc. v. Leclair (S.D.N.Y. Feb 26, 2007) the court found that under Rhode Island law, an individual who …
Debt Market Update – LIBOR Upswing
I got this update from Chatham Financial this morning: As many of you may have already heard, 1M LIBOR opened up 19bps this morning. This …
Debt Markets Continue to Implode
Real Estate Finance and Investment is reporting that five securitizations worth at least $4.8 billion have been pulled from the market in the last week. …
Acceleration Clause Upheld For Lease Default
The Massachusetts Supreme Judicial Court allowed a commercial landlord to enforce a liquidated damages clause against a tenant for non-payment of rent in Cummings Properties, …