KCG Companies’ Post

Valbridge Property Advisors | Boston recently helped a family settle their estate tax matters through the appraisal of a 194-acre vacant land site spanning two communities and four different zoning districts. The property underwent little planning or engineering work done prior to the decedent’s death, so the quantifiable support of its development potential was a central challenge. To add complexity, access to the site for development purposes would hypothetically require the purchase of one or more adjacent parcels. This assignment is a typical example of the complex appraisal problems we enjoy solving. https://lnkd.in/eDJhDUp9 #commercialrealestate #CRE #appraisals #ValbridgePropertyAdvisors #EstateTaxAppraisal #PropertyValuation #RealEstateExperts #EstatePlanning

Case Study Monday: ***How A 9-Year Land Assembly Crisis Was Quickly And Effectively Resolved Through Solution-Focused Practices*** As a bare land strata with 21 detached homes across 6.1 acres of land, Taylorwood dealt with difficult obstacles that are not uncommon when trying to sell a bare land strata. Since each home was owned individually, that meant that 21 different owners, linked by common property, had to come together, find alignment, and make decisions as a unified group when it came time to sell the strata. With no formal representation and many different methods at play, the Taylorwood owners were facing the realities of a problem that had plagued them for years: they needed dedicated and experienced representation. "Our vision for Taylorwood Place was to provide a sale strategy and project management system that would effectively deal with all the legal, financial and real estate related frameworks. – Eugen Klein" Our experience with land redevelopment and strata assemblies gave us the insight we needed to move forward; it was about bringing the owners together and fighting for what they deserved more than anything else. The Strata Council saw our comprehensive plan and felt that our starting points of a thorough risk assessment and the creation of a legal team to defend Taylorwood Place’s best interests were what this sale needed. By understanding the needs of Taylorwood Place on a collective and individual level, the Royal LePage Westside Klein Group team was able to avoid common pitfalls that the owners had seen time and time again throughout their nine-year journey. Looking for experienced Land Assembly representation? Let's keep in touch: https://lnkd.in/gEpZfpW8 #commercialbroker #commercialrealestate #landacquisition #landforsale #landdevelopment #royallepagecanada #developer #landassembley #vancouverrealestate

Karwood Estates Inc. and Gregg Construction Ltd., related real estate and construction companies with significant raw land holdings in St. John’s and Paradise, Newfoundland & Labrador, obtained CCAA protection on June 5. Over the past five years, these companies have faced financial and operational difficulties due to unfavorable third-party actions (primarily regulatory actions by the Town of Paradise and Town of Spaniard’s Bay), the impact of the COVID-19 pandemic, rising interest rates, and alleged aggressive lender behavior. These challenges have severely impacted their working capital. They are in arrears with several lenders, including their senior secured creditor, the Newfoundland and Labrador Credit Union, which is owed approximately $3.6 million. Experiencing financial distress? Let's discuss how an account receivable insurance policy can provide the security and support your business needs to navigate challenging times. Protect your revenue streams, maintain operations, and enhance your financial resilience. Reach out to me today to learn how we can help your business stay robust and thriving, even when facing adversity. #FinancialProtection #BusinessResilience #ReceivableInsurance #SecureYourBusiness https://lnkd.in/grtMN24s

New KSN blog - Changes to the Illinois Tenant #Radon Protection Act for 2024 - Testing obligations - Lease requirements - Impact to Illinois #Landlords & Rental Property Managers Read the full article here: https://lnkd.in/gEDmTj9X

New KSN blog - Changes to the Illinois Tenant #Radon Protection Act for 2024 - Testing obligations - Lease requirements - Impact to Illinois #Landlords & Rental Property Managers Read the full article here: https://lnkd.in/gEDmTj9X

For builders and developers, effectively navigating the complex dynamics of HOAs and restrictive covenants is a crucial component of the residential development landscape. The Supreme Court of Alabama recently confirmed that implied restrictive covenants can regulate property use. #terramoor #landacquisition #landdevelopment #hoacovenants https://lnkd.in/ewrxq94i

Did you know that NSW has established a groundbreaking Strata Bond Scheme to protect buyers and residents from building defects? This innovative initiative requires developers to lodge a bond with NSW Fair Trading before commencing construction. The bond acts as a financial safeguard, ensuring that funds are available to rectify any defects identified within the warranty period. This scheme not only provides assurance to buyers but also incentivises developers to prioritise quality construction and adhere to building standards. Moreover, it streamlines the defect rectification process by offering a dedicated pool of funds, minimising disputes and delays in resolving issues. This proactive approach reflects the NSW government's commitment to promoting transparency, accountability and consumer confidence in the strata property market. #buildingnsw #nswdefects #buildinglaw #defectspecialist #nswconstruction #spmsexperts

🚊 A Quick Update on Hamilton's LRT Dibacle 🚧 Hamilton's journey towards a modern LRT system just took an interesting twist! Metrolinx's plan to expropriate 28 properties for the project, including a municipal union hall entangled in legal disputes, shines a light on the complex path of urban progress. With ongoing discussions for amicable acquisitions, the focus remains on balancing infrastructure advancement with community and business impacts. 🏙️💼 How do you view this balance between development and preserving community interests? - - - #HamiltonOntario #LRT #RealEstate #Investing #UrbanDevelopment #CommunityImpact https://lnkd.in/eXJhAkY8

Grateful to the Private Eye today for shining a light on the woefully inadequate Government response to the post Grenfell Building Safety Crisis : Excluding 1.7 million leaseholders, stalling conveyancing with the three tier flat market, substandard developer contracts condemning people to B1 ratings and permanently high insurance, disregarding freeholder insolvency risk, ignoring basel 3.1 extra lending cost risk due to permanent impairment and also ignoring the need for consumer protection without the need of going through the courts. We need to reform the Building Safety Act, 2022 and implement true consumer protection for blocks of flats with the Earl of Lytton's buildingsafetyscheme.org

It's not uncommon for folks in this part of the state to be concerned about dividing up significant land holdings when finalizing their estate planning. You can read about one of our case studies that highlights a family dealing with just that! #estateplanning #attorney #midmissouriattorney #landholdings #jcmo https://lnkd.in/g6W252yy