|
"Ira Nachem has written a good practical book about how to put together, think about, and close construction and development loans. He's obviously been in the trenches for many years, and the book is full of insights that can only come from that experience. The writing is clear, accessible, and to the point. He knows where the bodies are buried, and helps the reader learn that too. But the book isn't just "nuts and bolts." Nachem also looks at construction lending as part of a larger marketplace, with a historical perspective, and in the context of the pressures of any large financial institution. He lays out the mechanics but also explains why the different pieces of the process matter and where the pressure points are. This is a book that I would recommend for construction lenders who want to learn how to do their job better, and for people just entering the business. Great job!"
- Joshua Stein is a senior partner in the law firm of Latham & Watkins LLP. A noted expert in real estate law, he has hosted and lectured for a wide variety of professional groups in law, real estate, and the environment. He has published four books and over 100 articles on commercial real estate law and practice.
"Mr. Nachem goes beyond the traditional no-risk approach typical of the few texts in the field. He clearly presents many controversial opinions and backs them up with logic and experience. This is a truly original and broad-reaching book that will have widespread utility to anyone involved in financing commercial real estate."
- Philip Pilvesky is the CEO of Philips International, a fully integrated firm that owns, develops and manages real estate throughout the United States. He lectures on real estate and international affairs at Columbia, Long Island, and New York Universities, has been an expert guest on national television many times, and has written numerous articles and published two books on international affairs.
"For the first time we have a practical, yet learned, book about financing real estate. It is not a case book, though it presents live examples; it is not an academic treatise, though it presents the philosophical underpinnings of every action; it is not a how-to-do-it manual, though it presents examples of actual documents. Instead, Ira W. Nachem has written a sensible guide to every aspect of owning, managing, and developing property. Developers, property managers, loan officers, architects, contractors, students, professors, in fact, everybody interested in real estate should own this book."
- Alexander Garvin heads his own real estate planning, design and development firm. He is active in several notable projects in the U.S. and Europe and has held several top-level positions including Commissioner of the New York City Planning Commission. Mr. Gavin has published four books and dozens of papers and articles on real estate, planning, and urban issues. He is a professor at Yale University and a frequent lecturer on urban planning in the U.S. and abroad.
|
