The Loan Committee™

CST REALTY ADVISORS will provide comprehensive advisory and consulting services to all segments of the Commercial RE Industry with specific emphasis on Acquisitions/Dispositions-Financing/Refinancing/Debt Restructuring/Workouts-Property Management/Leasing and Repositioning/Retenanting and Rebalancing.

In addition to providing Advisory/Consulting Services to Major Institutions-Owners/Landlords-Builders/Developers-Public/Private Partnerships and REIT’S the Company will be aggressively seeking to purchase for its own portfolio Investment-Grade Retail Properties throughout the State of Florida leveraged or unleveraged by raising Private Equity on a deal-by-deal basis, not by the utilization of Co-Mingled Funds, from a select group of experienced, sophisticated and financially sound individuals. The purchased Assets will be operated and managed by the Company so as to maximize cash flow and continue to create and build value throughout the ‘holding period’ during which time the investors will receive on a quarterly basis a guaranteed, preferred rate of return within the confines of a “preferred equity structure.”

Contact CRAIG TULEPAN at 954-270-5330 for additional information.

photo credit: alexdecarvalho via photopin cc

Merrill Lynch & Co., the 99-year-old firm known for its “thundering herd” of brokers pitching stocks to Main Street, may cease to exist as a legal entity more than four years after being acquired by Bank of America Corp.  While Bank of America will keep the Merrill Lynch brand for its retail brokerage and investment bank, the Charlotte, North Carolina-based company plans to dissolve the subsidiary as early as the fourth quarter, according to an Aug. 2 filing. The firm will assume Merrill Lynch’s obligations and debt. read entire article….  Author:  Hugh Son.  Source.  Bloomberg

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.

South Florida is undergoing a boom in rail, airport and seaport logistics infrastructure.  PortMiami in August is expected to begin a $206 million dredging project to deepen the port’s existing 42-foot channel to at least 50 feet. This will accommodate the large, post-Panamax ships that fit through the expanded Panama Canal in 2015.  Read entire article… Author:  Kevin Gale.  Source:  South Florida Business Journal.