Get Answers to All Your Questions About Financing Real Estate Development -- and Tailor a Finance Package that Meets Specific Your Needs
. . The Completee Guide to Financing Real Estate Developments offers a detailed roadmap to navigate the complex process of financing small to large-scale real estate projects, such as office buildings, apartment complexes, and hotels.
. . Real estate expert Ira Nachem explores the pros and cons of large versus small institutions; how to structure and present a loan proposal, the approval and closing processes; the truth about appraisals, guarantees, insurance and lien law; financial and physical bonuses and constraints, environmental issues and many other topics.
. . Nachem presents in-depth information and explanations that answers questions on:
. . - Who the Commercial Real Estate Lender Really Is .
- What Information Should the Borrower Produce.
- How a Workable Budget is Created.
- How the Lender Evaluates a Borrower.
- What the True Value of an Appraisal Is.
- What goes into a Lender's Loan Presentation.
- What to Expect at a Closing .
- What Key Legal Documents are Most Important.
- What the True Value of a Guarantee Is.
- How the Borrower and Lender Prepare for the Funding Process.
- What Is involved in Loan Administration After the Closing .
- What Is the View from the Borrower's Perspective.
- What Are some of the Constraints and Incentives to Development.
- What Are the Values and Risks of Insurance and Bonding.
- What Is the Reason for Title Insurance and how does it work.
- What Are the Complexities of Lien Law and how does it work.
- How Is the Loan Eventually Repaid.
- What Real Estate Math Is Essential for the Professional .
- How Important Are Environmental Issues.
- How Can the Lender Find New Loan Prospects.
- What Are the Risks and Rewards of Loan Participations
. . Featuring a wide range of helpful examples and illustrations, The Complete Guide to Financing Real Estate Developments covers many of the day-to-day realities faced in the real estate industry including the differing perspectives of lenders and borrowers, their personal pressures, personalities and politics, and much more.
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