Home » Tag Archives: Watkins Eager

Tag Archives: Watkins Eager

COMMERCIAL FINANCE 701 — Tax credits: key programs and select acronyms

Print

T ax credit programs cannot be credited with the conception of the term “acronymophobia” – an irrational fear of acronyms – but the phobic population grows with each new program.  Three popular tax credit acronyms for developers are LIHTC, NMTC and HTC. These letters represent incentive programs, which account for about $8.5 billion of annual U.S. credited federal taxes. All ...

Read More »

COMMERCIAL FINANCE 701: Basel III, HVCRE & real estate loans

Basel-RE-graphic2.pdf

  Sitting atop the Alps, Switzerland managed to eschew both World Wars, flout the fluctuating Euro, and fleece wide-eyed tourists with opened arms.  Of late, however, the multilingual country has exported more than chocolate: from Lausanne, the controversial Iranian nuclear treaty negotiations, and, more on point for us, from Basel, Switzerland, a series of confounding financial regulations innocuously referred to ...

Read More »

COMMERCIAL FINANCE 701: Permanent loans & other oxymora

  A n oxymoron – a clever figure of speech that seemingly contradicts itself – can be pretty amusing.  Jumbo shrimp.  Postal Service. Justice Ginsburg.  Devout atheist.  Unbiased opinion. One of our favorite finance-related oxymora is PERMANENT LOANS.  Our partner Roger Williams leads an active practice group specializing in permanent loans for multifamily properties.  But don’t be duped.  Permanent loans ...

Read More »

COMMERCIAL FINANCE 701: Loans disguised as government bonds (BOANs)

EDITOR’S NOTE: Commercial Finance 701 is a continuing series on commercial loans written exclusively for the Mississippi Business Journal.  This series is geared to lenders, developers, investors and transactional attorneys. Sir Thomas More, the obstinate attorney who — literally — lost his head over religion, is often misquoted as suggesting the profession of lawyers is “to disguise matters.” Though hardly descriptive ...

Read More »

COMMERCIAL FINANCE 701: Negotiating commercial loans — Is there an app for that?

» EDITOR’S NOTE: Commercial Finance 701 is a continuing series on commercial loans written exclusively for the Mississippi Business Journal.  This series is geared to lenders, developers, investors and transactional attorneys.   This new digital world has re-wired us for instant gratification. We have no patience.  We want an “app” for everything.  Unfortunately, negotiating a commercial loan doesn’t lend itself ...

Read More »

COMMERCIAL FINANCE 701: Interest rate swaps: Don’t play with matches

EDITOR’S NOTE: Commercial Finance 701 is a continuing series on commercial loans written exclusively for the Mississippi Business Journal.  This series is geared to lenders, developers, investors and transactional attorneys. Our moms, from opposite ends of Mississippi and two decades apart, admonished us not to play with matches.  It was, and remains, good advice.  As one matures, he or she realizes ...

Read More »

COMMERCIAL FINANCE 701: Title certificates, reports, commitments & policies: The difference may be your job!

EDITOR’S NOTE: Commercial Finance 701 is a continuing series on commercial loans written exclusively for the Mississippi Business Journal.  This series is geared to lenders, developers, investors and transactional attorneys. A distinguished Mississippi attorney once observed, “Words mean so much more when you know what they mean.”  In some cases, words just don’t mean what we think — like decimate, factoid, ...

Read More »

AWAITING ITS FATE: Gables complex may have to shrink to meet law

Having lost in a bid for a reprieve from Ridgeland city officials, The Gables apartment complex has started the new year with the prospect of having to demolish a number of units in order to meet new building density limits. A zoning law adopted last February designates apartment complexes with over 10 units an acre as nonconforming uses that must ...

Read More »

Critics say Pearl out to eliminate mobile homes and apartments – not safeguard them

Pearl is taking dramatic — and some say unprecedented and unconstitutional – steps to rid the city of manufactured homes and to downsize existing apartment complexes. October brought requirements that manufactured home parks and rental complexes build community storm shelters able to accommodate all residents and withstand the force of a F-2 tornado. In addition, the City mandated apartment complexes ...

Read More »