Photo by McDonald Hopkins David K. Hales Cleveland law firm McDonald Hopkins LLC said it has added David K. Hales as a member and co-chair of its national Real Estate Practice Group.He comes to McDonald Hopkins — a firm he worked at more than a decade ago — from Calfee, Halter & Griswold LLP.In a news release, McDonald Hopkins said Hales "has over 20 years of experience acting as real estate counsel for closely held businesses, public companies, governmental entities, educational institutions, and religious organizations that serve the real estate, logistics, automotive, insurance, hotel, charitable, and military components industries."He provides corporate real estate and general corporate counseling for real estate entrepreneurs, investors, lenders, and developers."David is returning to McDonald Hopkins after an 11-year hiatus and we are delighted to welcome him back," said James Stief, chair of the Business Department at McDonald Hopkins, in a … [Read more...] about McDonald Hopkins names David K. Hales as co-chair of its Real Estate Practice Group
National real estate investors group
Driving the Day Good Monday morning. FIVE DAYS until the government runs out of money. CONSIDER THIS: Republicans have held the majority in Congress for three years, routinely promising to normalize government operations. Yet it’s Dec. 18 and the government is slated to shut down just a few days before Christmas. A deal to boost spending levels has all but fallen apart. And the two chambers will come back into session this week with no clear idea how to keep the government running. BUT … It looks like they will get tax reform done by midweek. STATE OF PLAY -- “GOP leaders in House, Senate endorse conflicting shutdown strategies,” by Rachael Bade, Seung Min Kim, and Jen Haberkorn: “Republican leaders in both houses of Congress face a sticky situation this week as they try to avert a government shutdown: Each side has promised its members things that will not fly in the other chamber. Senate Majority Leader Mitch McConnell (R-Ky.) told moderate Sen. Susan … [Read more...] about COUNTDOWN: FIVE DAYS to shutdown — TRUMP’s tax sales job — A real estate carveout in the tax bill that could benefit TRUMP and CORKER — MCCAIN in AZ — ASHLEY PARKER/MIKE BENDER engaged
Last Updated Sep 13, 2011 12:42 PM EDT According to Jonathan Smoke, executive director of research for Hanley Wood's Housing Intelligence the paradigm for the traditional financing of a home purchase may be obsolete. In a post-housing bubble economy, Smoke observes the "model of securing financing is starting to shift." At a time when a top-drawer FICO credit score and 30 percent down might still leave without you a bank loan, more and more home buyers and real estate investors are forgoing the mortgage altogether and turning to the payment everyone accepts: cash. Smoke and his group have been compiling data which documents a huge increase in the number of cash transactions between the 12 months ending in June 2007, and the same time frame concluding in June 2011. While a number of these cash-flush buyers are overseas investors looking to maximize low prices and a weakened dollar, Smoke also points to the "the big story of the aging Baby Boomers" who are leveraging investment and … [Read more...] about Top 10 Real Estate Markets to Buy a Home With Cash
By CALmatters | PUBLISHED: March 13, 2018 at 12:56 pm | UPDATED: March 13, 2018 at 1:07 pm By Matt Levin, CALmatters Scott and Erica Rothenberg thought the years of scrimping and saving had finally paid off. The three-bedroom house outside of Elk Grove—an upper-middle-class suburb of Sacramento—checked all of the boxes: quiet neighborhood, quality school district, ample space to start a family. But the couple knew competition for the house—like most houses in desirable California neighborhoods—would be cut-throat. Their agent warned they’d be bidding against not only a glut of young Sacramento-area families vying for a starter home, but also wealthier Bay Area residents fleeing astronomical prices. Even wealthy foreign investors from China, sensing an opportunity to park their cash and make steady returns, were getting in on the action. “I was like, ‘Are you serious?’ In Elk Grove?,’” said Scott. “It’s really … [Read more...] about Are foreign investors driving up real estate in your Southern California neighborhood?
LOS ANGELES--(BUSINESS WIRE)--Buchalter is pleased to announce and welcome Shareholders J. CraigCartwright and Kevin T. Lytle as Chairs of the REIT Transactions andCompliance Solutions Practice Group and members of the Real EstatePractice Group in the Scottsdale office. Both Shareholders are joiningBuchalter from DLA Piper.With more than 20 years of experience each, Messrs. Cartwright and Lytlebring exceptional reputations and practices to Buchalter. Mr. Cartwrightrepresents lenders, developers, real estate investment trusts,investors, and national corporations in a broad range of real estatetransaction matters, including sales and acquisitions, secured lending,property development, commercial leasing, bankruptcy workouts, andconstruction-related matters.Mr. Lytle has extensive experience in real estate transactions involvingsales and acquisitions, leases, sale-leasebacks, construction andpermanent loans, acquisition loans, refinancings, loan and leasemodifications and … [Read more...] about Buchalter Welcomes Real Estate Shareholders in Scottsdale