CRE Insider Blog

Welcome to the CRE Insider Blog, a source of info and insights from First American’s leading real estate experts.

Financial Crimes Enforcement Network (“FinCEN”)

By Mike Berey on December 20, 2018
FinCEN has issued Geographic Targeting Orders (“GTOs”) requiring certain U.S. title insurance companies to identify the natural persons behind companies used to pay all cash for high-end residential real estate in New York City, Broward, Palm Beach and ...
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Digital Disruption in Commercial Real Estate      How We Live: At Home

By First American NCS on November 5, 2018
This is the first in a series of vignettes discussing the disruptors remaking commercial real estate – impacting how we live, work, play, invest and build.
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Topics: Commercial Real Estate Commercial News CRE CRE Technology PropTech

As The Lava Flow Slows, What Happens to Hawaii’s New Land?

By Glen Trowbridge on October 29, 2018
After three months of volcanic activity from the Kilauea volcano, the most active lava flow on Hawaii's Big Island has come to a near halt, according to the U.S. Geological Survey's Hawaiian Volcano Observatory. The near continuous eruptions for the past ...
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Not-for-Profit Corporation Can Sell only on Board or Member Approval

By Mike Berey on October 10, 2018
The Plaintiff and the Defendant, a not-for-profit corporation, entered into a contract for the sale of the Defendant’s real property. The contract was executed on behalf of the Defendant by one of its Trustees but the contract was not approved by the ...
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Topics: Non-profit

Secondary Access Over Adjoining Property Denied

By Mike Berey on September 25, 2018
The Plaintiff alleged that New York City’s Buildings Department required that Plaintiff’s building’s fire escapes lead to a secondary means of egress which, according to the architectural plans filed to obtain a certificate of occupancy, was afforded by ...
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Oral Contract to Extend Mortgage Not Enforceable

By Mike Berey on September 12, 2018
The notes secured by two mortgages, and a note secured by other collateral, afforded the borrower, Plaintiff Mosdot Shuva Israel (“MSI”), the opportunity between November 17, 2013 and January 31, 2014 to extend the maturity date for each note from their ...
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Topics: oral contract

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