The First American Blog

The New York City Real Property Transfer is as much as 2.625% on the transfer of commercial real property and on the transfer of a controlling interest in a real property owning entity. New York State’s Real Estate Transfer Tax on such transfers is $4.00 for each $1,000 of consideration. With some material exceptions, these taxes are generally ...

As reported in a post to CRE Insider on March 29, 2016, the United States Treasury Department’s Financial Crimes Enforcement Network (“FinCEN”) issued Geographic Targeting Orders (GTO) on January 13, 2016 requiring “certain U.S. title insurance companies to identify the natural persons behind companies used to pay ‘all cash’ for high-end ...

Real estate cycles are generally created by movements in demand not supply. While it is important to track commercial real estate performance through various cycles and divergent trends, patterns of performance are impacted not just by supply and demand, but as much by the quality of assets and portfolios. And is risk a factor? Do investors focus ...