S.E.C. Real Estate Observer

An S.E.C. guest requested counsel with regard to an aging couple/prospective client, who had a gaggle of properties in a remote town. He wanted help on valuing so as to take a salable listing – a standard MLS broker’s approach. He really liked the couple, and was stymied on how to proceed and was newly [...]

Reprinted with permission from Veronica C. Law, Esq. Ms. Law is an attorney with Decker, Jones, McMackin, McClane, Hall & Bates, P.C., in downtown Fort Worth, Texas. Ms. Law represents sellers, buyers, lenders, landlords and tenants in all types of commercial real estate transactions. Ms. Law can be reached at 817-336-2400 or by email to: [...]

Editor’s Note: The S.E.C. prides itself on being creative within the confines of the real estate world and we, as S.E.C. members, foster the spirit of real estate ownership within our family, friends and peers. That said, I would like to introduce the son of one of our members who, as part of a school [...]

Most exchange brokers exclaim loudly that their colleagues haven’t properly “COUNSELED” their client before bringing their package to the market place. When I used to teach brokers how to exchange, I would explain that commissions are “pooled and shared equally” as a norm. There usually was then an extended conversation about one side doing all [...]

Of the many formulas for putting together transactions, the Running Exchange is one of the most powerful, yet least used tools in the bag of the exchangor. The Running Exchange is a catalyst method to begin transactions, and may be utilized by an experienced moderator at your local marketing sessions. It may also be utilized [...]

I seem to have been directly in the path of “TIC” real estate offerings all year long. Even though TIC interests in real estate have been around for years, interest has increased dramatically since 2002, when the IRS provided guidance. A revenue procedure that indicated that a taxpayer can use a TIC investment, if properly [...]

Editor’s Note: This article was previously published in the New York Real Estate Journal January 31, 2000. What I am referring to is the value to the client that a qualified and well-trained business/ investment broker can create. This value is normally measured in terms of increased dollars, and may go beyond accurate pricing and [...]

I have been originating short term mortgage notes for about twelve years. I have never purchased “paper.” Admittedly, the reasons listed below are those of a biased author. First and foremost, I am a short term lender (one year or less) rather than a long term lender. I associate “time” with risk. The longer the [...]

Much effort, many dollars, extensive time, and talent gets spent exposing real estate equities to the marketplace(s), that many times are for naught. When an owner wants to change out of his current real estate into a different set of circumstances, the standard “drill” is to put it on the market shelf and struggle to [...]

It is important that we look to our future. What is the difference between a small investor and a large investor? Nothing really, except the amount of capital being invested; the fact that we do it ourselves; or the number of partners we have. Everyone is trying to do the same thing – build an [...]