The Loan Committee™

It’s ALL ABOARD for RCA’s second ‘BROWARD ON WHEELS’ Tour on October 24th.  Get a firsthand ‘Boots on the Ground’ understanding of local commercial properties and have an opportunity to network with other commercial real estate professionals!  In addition to the bus tour, the event includes breakfast, lunch, snacks and a cocktail party at Alpine Jaguar following the tour.

Members of The Loan Committee can participate for the $49 RCA member rate.  A $20.00 savings!  Contact Maureen Miller directly at 954-567-5029 or mmiller@r-world.com for the member rate.

Join The Loan Committee and the Commercial Finance Association on Tuesday, March 11, 2014 at the Lauderdale Yacht Club for a presentation by Ms. Cynthia Lucas with Engineered Tax Services.  Ms. Lucas will discuss Cost Segregation & Section 179D Federal Energy Tax Deduction.

Engineered Tax Services (ETS) has been at the forefront of the energy tax accreditation for EPAct and 179D related tax benefits.  ETS has performed over 10,000 Section 179D Energy Tax Studies since 2006 working closely with CPA Firms, Property Investors, Architects, Engineers and Energy Consultants.  Find out more about the March 11th presentation here.

LARRY J. BEHAR, Esquire, with Behar Law Group, was the keynote speaker at the November Loan Committee networking luncheon at the Tower Club. Author of “EB-5 United States Immigration through Investment”, Mr. Behar, addressed one of the few remaining options in bank financing for creative U.S. developers.  The EB5 (Employment Based Fifth Preference) concept was created by the Immigration Act of 1990, and offers a visa opportunity for immigrant investors.  This visa provides a method of obtaining a green card for foreign nationals who invest money in the United States.

The 2013 ABA Annual Convention, October 20-22, 2013 in New Orleans at the Hyatt Regency, will gather bankers from around the country to explore the forces challenging and reshaping financial services — and how you can respond to ensure a strong future for banks and industry. The program will deliver inspiration from industry experts, ideas from banker peers, and solutions to enable banks to compete effectively.

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Stiles Realty President PAUL MARKO was the keynote speaker at the September Loan Committee networking luncheon at the Tower Club.  The history of Stiles and the positive impact that their projects have had in the community was discussed, as well as an overview of future development plans for the company and 2014 market expectations.

• WHAT – COMMERCIAL Real Estate Symposium – “Roadmap to Commercial Recovery”
• WHO – Annual joint event between REALTORS Commercial Alliance of Fort Lauderdale & Palm Beaches
• WHERE/WHEN – Friday, October 11th – Renaissance Boca Raton (2000 NW 19th Street)
• COST –  RCA/ CCIM Members: $35  (Members of The Loan Committee can attend at the member rate)
  Non-Members: $40
• CONTACT – RCA Headquarters at 954-567-5029 to register
• CLICK here to see flyer for details

PAUL MARKO, President with Stiles Realty will be the guest speaker at The Loan Committee luncheon on Friday, September 27, 2013 at the Tower Club.  Mr. Marko will address the following topics:

STILES:

• WHO are they now?
• WHAT doomed deals have they made work?
• WHERE do they see the best opportunities in today’s market?

In addition to a buffet luncheon, attendees will have an opportunity to network from  11:30AM to 12:15PM.  The presentation will begin by 12:30 PM, followed by a question and answer period.  $30.00 with RSVP.  $35.00 at the door.   REGISTER HERE.

The Life Cycle of an SBA Loan was the topic at The Loan Committee luncheon held on July 19, 2013 at the Tower Club.  The panel included Miguel Gonzalez, Assistant District Director of the SBA, Mitch Fogel, Esq. with Fogel Law Group, Jeni Chokron, VP with SunTrust Bank, Rick Von Minden, SBA Business Development Officer with TD Bank, and Alejandro Buitrago with Florida First Capital Finance Corporation.  The presentation included a discussion of governments role and addressing lender and borrower concerns, the pre-underwriting and underwriting process, 7A and 504 eligibility requirements, documentation requirements for 504 loan approval, CDC’s role, and the closing process – obstacles and pitfalls.