Monthly Archives: January 2011

Building financial statements have taken on a new found prominence in the age of tough bank underwriting, as institutional lenders are now scrutinizing these reports to determine whether the collateral – the apartment being financed – as opposed to the borrower, are worthy of extending a loan.  But to the non-CPAs in the crowd, these …

Having successfully closed well over a thousand real estate deals, trends develop that separate those deals that are successful, from those that fail.  And in the new reality of post-Lehman markets, the rules of the game are different – sometimes markedly so.  Looking forward to a successful 2011, I offer the following insights that might …