内容简介
GetAnswerstoAllYourQuestionsAboutFinancingRealEstateDevelopment--andTailoraFinancePackagethatMeetsSpecificYourNeedsTheCompleteeGuidetoFinancingRealEstateDevelopmentsoffersadetailedroadmaptonavigatethecomplexprocessoffinancingsmalltolarge-scalerealestateprojects,suchasofficebuildings,apartmentcomplexes,andhotels.RealestateexpertIraNachemexplorestheprosandconsoflargeversussmallinstitutions;howtostructureandpresentaloanproposal,theapprovalandclosingprocesses;thetruthaboutappraisals,guarantees,insuranceandlienlaw;financialandphysicalbonusesandconstraints,environmentalissuesandmanyothertopics.Nachempresentsin-depthinformationandexplanationsthatanswersquestionson:WhotheCommercialRealEstateLenderReallyIsWhatInformationShouldtheBorrowerProduceHowaWorkableBudgetisCreatedHowtheLenderEvaluatesaBorrowerWhattheTrueValueofanAppraisalIsWhatgoesintoaLender'sLoanPresentationWhattoExpectataClosingWhatKeyLegalDocumentsareMostImportantWhattheTrueValueofaGuaranteeIsHowtheBorrowerandLenderPreparefortheFundingProcessWhatIsinvolvedinLoanAdministrationAftertheClosingWhatIstheViewfromtheBorrower'sPerspectiveWhatAresomeoftheConstraintsandIncentivestoDevelopmentWhatAretheValuesandRisksofInsuranceandBondingWhatIstheReasonforTitleInsuranceandhowdoesitworkWhatAretheComplexitiesofLienLawandhowdoesitworkHowIstheLoanEventuallyRepaidWhatRealEstateMathIsEssentialfortheProfessionalHowImportantAreEnvironmentalIssuesHowCantheLenderFindNewLoanProspectsWhatAretheRisksandRewardsofLoanParticipationsFeaturingawiderangeofhelpfulexamplesandillustrations,TheCompleteGuidetoFinancingRealEstateDevelopmentscoversmanyoftheday-to-dayrealitiesfacedintherealestateindustryincludingthedifferingperspectivesoflendersandborrowers,theirpersonalpressures,personalitiesandpolitics,andmuchmore.
作者简介
IraW.Nachemhasover25yearsofcommercialrealestateexperienceinfinance,investment,development,constructionandmanagement.Hisexecutivepositionsinrealestatebanking,development,managementandbrokeragehavegivenhimdirectinvolvementinallkindsofcreditandequitytransactionscollateralizedbyalltypesofpropertiesthroughouttheUnitedStates.HecurrentlylecturesonrealestateandconstructionfinanceatNewYorkUniversity.