ROBERT SHAPIRO, President with Master Development will be the guest speaker at the next Loan Committee luncheon on April 15, 2016 at the Westin-Cypress Creek in Fort Lauderdale. Mr. Shapiro will discuss Dania Pointe, Master Developments’ newest project. Dania Pointe is a 102 acre premier mixed-use development with over 1 million square feet of retail and restaurants in addition to Class A offices, hotels, luxury apartments and public event space. Dania Pointe’s accessibility from Interstate 95 and immediate proximity to the Fort Lauderdale-Hollywood International Airport, Port Everglades Cruise Port and the DCOTA Design Center make it an attractive retail destination in Broward County. Click here to register for the event.
February 24, 2016
FIRST LOOK: DETAILS OF THE PROPOSALS FOR MIAMI-DADE COLLEGE’S DOWNTOWN SITE
The four proposals for Miami Dade College’s prime downtown site were unsealed on Monday, revealing renderings and offering a deeper look at the bidders’ mixed-use projects and partners. Amid hundreds of pages of proposals are condo towers that could soar up to 80 stories, hotels, office buildings, retail space and restaurants, in addition to Miami Dade College cultural venues. read more… Source: The Real Deal. Author: Ina Cordle.
January 13, 2016
FIRST LOOK: American Dream Miami Mega Mall’s Floor Plan
The American Dream Miami mega mall would have two levels of retail in a figure eight layout surrounded by scores of amenities, including an indoor ski dome, according to documents recently filed with the county.
The development in northwest Miami-Dade County aims to be the largest mall in North America with 6.2 million square feet plus 2,000 hotel rooms. In its application to the county, Triple Five Group said the mall would have similar vehicular traffic on a per-square-foot of leased space as the smaller Mall of America in Minnesota. That mall attracts more than 40 million visitors a year – more than the Magic Kingdom. Source: SFBJ. learn more…
January 4, 2016
Orlando-Area Disney Timeshare Foreclosures Abound
Disney World is a big draw for buyers of timeshare units, but proximity to the Magic Kingdom is no guarantee that the buyers will avoid foreclosure. The number of foreclosed timeshare units near Disney World in the Orlando area has fallen from the levels of 2011 and 2012 but still tops 900 a year. Source: The Real Deal. read more…
October 9, 2015
STRATEGIES FOR MIGRATION TO THE CLOUD IN FINANCIAL SERVICES
Public cloud has grown exponentially in recent years in sectors such as telecoms, the media, health industry and insurance, and looks set to rise. However public cloud adoption in financial services to-date has been relatively conservative. Financial services companies are demanding leaner, more standardized, interconnected and vendor agnostic systems that will enable broader diversification, fewer manual workarounds and smarter capabilities. This white paper explores the current state of public cloud adoption by the financial services industry, the technology challenges they face over the next few years and suggests some strategies for navigating a path through public, private and hybrid cloud. Source: RiskLibrary.net
October 9, 2015
SBA FINANCING & WHAT’S ON THE HORIZON DISCUSSED AT OCTOBER 8TH EVENT
A distinguished panel of five SBA and banking representatives discussed “Hot Topics and Trends in SBA Financing” at the October 8th Loan Committee luncheon held at the Tower Club. Mitch Fogel with Fogel Law Group moderated the discussion and Adam Von Romer with KoRes Corp. was the MC.
Points of interest included:
• Why SBA Financing is Good for Your Clients…and YOU!
• Working with the SBA (or How to Properly Use SBA Financing for Your Deals)
• Underwriting and Eligibility Topics for SBA 7(a) and 504 Loans
• Documenting SBA 7(a) and 504 Loans…pre-Approval and Loan Closing
• How to work with the CDC in SBA 504 Loans…Before, During and After the Closing
• The Closing: Where the Rubber meets the Road
• What’s on the Horizon?
August 31, 2015
HOW TO DEFER TAXES USING THE 1031 EXCHANGE RULE
Some lines in the federal tax code are so widely used and understood that they have become part of our common speech. Other lines of the tax code, however, remain widely unknown or underutilized, even by those who could benefit from this knowledge the most. The elusive “1031 exchange” is such a provision, with massive potential for real estate professionals but little general knowledge among even the most experienced real estate investors. learn more… Source: Real Estate 4 Investing
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February 24, 2016
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