Entries by admintower

Understanding the Potential Tax Benefits of Opportunity Zones

Keep in mind, this has not been finalized as it is currently going through legislation. With the S&P 500 continuing to set record highs, opportunity zones represent an excellent way for taxpayers to realize their gains and diversify their portfolio away from the equities market while deferring and mitigating some of their capital gains taxes. […]

Trump Administration Looking to Reform Fannie Mae & Freddie Mac

Ending the conservatorship of Fannie Mae and Freddie Mac has been a new objective in the sights of the Trump administration. This is an economic dilemma left over from the financial housing crisis of 2008 exacerbated by the collapse of Lehman Brothers. Fannie Mae and Freddie Mac were created by Congress to deepen liquidity in […]

Westgate’s Commercial Implications

Recently, a huge deal rocked the commercial real estate landscape of Arizona. GoDaddy founder and billionaire, Bob Parsons, recently acquired Glendale’s Westgate Entertainment District for $133 million. Being the West Valley’s sports and entertainment hub, Parsons’ Scottsdale-based YAM Properties closed on the deal, purchasing the property from iStar, a New York City-based firm. This large-scale […]

George Maravilla joins Tower Capital

Tower Capital, a commercial real estate structured finance firm, announced that George Maravilla has joined the firm’s Phoenix office as Vice President. In his new position, Mr. Maravilla will be utilizing his extensive 14-year background at DMB Associates, a Scottsdale-based developer specializing in master-planned communities, country clubs, mixed-use commercial, multifamily, office and retail developments throughout […]

15th Annual IMN Real Estate Opportunity & Private Fund Forum

January 17-19th, 2018 The weather was beautiful at the Montage resort in Laguna Beach this year for the 15th Annual IMN Real Estate Opportunity & Private Fund Forum, the premier conference for commercial real estate focused private equity in the country. The vibes and energy were positive and bullish. With over 1,000 registrants for the […]

Public Transportation’s Impact on Property Values: Good or Bad?

There appears to be a sort of unfortunate urban myth that public transportation projects makes nearby neighborhoods less desirable. Certainly, the construction phases of some projects may generate noise and cause some inconvenience. No research supports the idea that public transportation increases crime or negatively impacts property values. The Positive Impact of Public Transportation on […]

Market Insights

Multifamily borrowers are continuing to benefit from a strong rental market. Many are taking advantage of the increased rents and NOI’s by refinancing and pulling cash out to be used for a variety of purposes, such as returning equity back to investors, performing capital improvements, or applying the funds toward additional investment opportunities. Banks and […]

1031 Exchanges Explained

IRC Section 1031, also known as a 1031 exchange or a “like-kind” exchange, allows investors to defer tax on gains from the sale of an investment property if they reinvest the proceeds into a similar (like-kind) property. It was enacted by congress in 1921 to promote economic growth by encouraging reinvestment into the economy and […]

RealShare National Investment & Finance Conference – Part 2

The afternoon sessions focused largely on the state of the economy and the drivers affecting it. The opening RealShare National Investment & Finance Conference session was titled Power Panel: Direct from the C-Suite and was moderated by Lew Horne, President of CBRE Greater LA/Orange County Region. Panelists included Warren De Haan, Founder & Managing Partner of […]