The Loan Committee™

Join other members of The Loan Committee on July 19, 2013 at the Tower Club for a panel discussion regarding the “Life Cycle” of an SBA Loan.  In addition to a buffet luncheon, attendees will have an opportunity to network from  12:00PM to 12:30PM.  The presentation will begin by 1:00PM, followed by a short question and answer period.  Register here.

Panel members include:

• MIGUEL GONZALEZ, Assistant District Director, US Small Business Administration
• MITCHELL FOGEL, Esquire, Fogel Law Group
• JENI CHOKRON, Vice President, SBA Business Development Officer, SunTrust Bank
• RICK VON MINDEN, SBA Business Development Officer, TD Bank
• ALEJANDRO BUITRAGO, Florida First Capital Finance Corporation

See Speaker Bio’s…

Commercial real estate professionals had a chance to see the newest products offered by several premier lending institutions at the 1st Annual LENDERPALOOZA event held at the RCA Auditorium on June 21, 2013.  Representatives from PNC Bank, Wells Fargo, TD Bank, Total Bank, Seacoast National Bank, Capital Source, and Ready Cap Commercial showcased their services to nearly 100 participants.  Non-lender sponsors included The Fitzgerald Group, Brown & Brown Insurance, Aruba Services and SGF Environmental Consultants.  The event, hosted by The Loan Committee and the RCA, and moderated by The Loan Committee’s Program Director Adam Von Romer, provided a robust networking opportunity that gave guests and members a chance to exchange information.  Many thanks to the RCA’s Maureen Miller for coordinating such a successful event.

Construction is suddenly rampant again across Miami-Dade County, and demand for sites is driving up the cost of commercially zoned land.  “Prices are increasing at an incredible pace,” said Melissa Tapanes Llahues, a shareholder with Bercow Radell & Fernandez, a law firm specializing in zoning, land use and environmental law.  read entire aticle… Author:  Marilyn Bowden.  Source:  Miami Today.

The FIBA Wealth Management Forum will be held at the JW Marriott Marquis Hotel in Miami, FL.  The forum will facilitate knowledge exchange on cutting edge issues through targeted panel discussions and current case studies combined with the insightful perspectives of their invited experts.

photo credit: Phillip Pessar via photopin cc

This may well be the year that property owners in secondary and tertiary markets get a chance to cash in on the spending spree of the nation’s largest publicly held REITs and real estate operating companies. The torrid pace of acquisitions seen within this sector over the past two years is expected to continue this year, but with more buyers casting their nets across more markets.  read entire article.  Author:  Mark Heschmeyer.  Source:  CoStar® Group.

On September 11-13, 2013, the Florida Association of Government Guaranteed Lenders (FLAGGL) will host its second annual conference at the Rosen Center Shingle Creek in Orlando, FL.  This year’s conference is expected to host a cross section of attendees from various industry institutions throughout the state of Florida. The annual conference will include general sessions, keynote addresses, breakout sessions and networking opportunities with other colleagues and SBA officials.

photo credit: The Brit_2 via photopin cc

With vacancy rates modestly falling and rents moderately rising in commercial real estate sectors, market fundamentals have improved, but financing remains a challenge for small business, according to the National Association of Realtors® quarterly commercial real estate forecast…National vacancy rates over the coming year are expected to decline 0.1 percentage point in the office market, 0.5 point in industrial, and 0.3 point for retail; however, the average multifamily vacancy rate is forecast to rise 0.2 percentage point, with that sector still showing the tightest availability and biggest rent increases.  read entire article.  Author/Media Contact:  Walter Molony.  Source:  National Association of Realtors®

The wave of new banking regulations that Congress created to deter and punish Wall Street’s misdeeds is landing with much greater impact on the U.S.’s almost 7,000 community banks than on the too-big-to-fail lenders. Community banks didn’t cause the financial crisis; they played by the rules. Because of their time-tested business model, one based on customer relationships rather than transaction volumes, community banks aren’t a threat to the financial system. Yet they are being forced to pay a penalty in regulatory costs — to comply with rules aimed at preventing the bad behavior on Wall Street from happening again. read entire article…. Author:  Camden R. Fine, Source:  Bloomberg