Real Estate News

Is It Time to Sell Your Multifamily Investment Property?

Multifamily buildings have long been a favored vehicle for commercial property investors. They historically produce reliable income and consistently increase in value over time. This in turn means that they retain value in a variety of market conditions and may even rapidly increase in value in some circumstances. Financing is typically readily available on favorable […]

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Cathleen Bahan Consulting

Investing in TRIPLE NET (“NNN”) Leased Properties:  An Overview

Investors interested in commercial rental property will find occupied properties have widely varying lease terms, with differing obligations for both the landlord and the tenants.  Some tenants merely pay a fixed rental payment and are not responsible for any property taxes or maintenance costs.  Other tenants will pay some or all the property taxes in […]

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Cathleen Bahan Consulting

A Conversation with Landlord Tenant Attorney Michelle Maratto Itkowitz

New York’s Housing Stability and Tenant Protection Act of 2019 was signed into law on June 14, 2019.  Real estate experts, investors, attorneys and pundits are still trying to make sense of what it means for New York’s rental real estate market.  In this second article on the law’s impact on investors in multifamily properties, […]

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Cathleen Bahan Consulting

Investor Perspective:  Multifamily Outlook Under the New Rent Laws

New York’s Housing Stability and Tenant Protection Act of 2019 was signed into law less than a month ago.  Since that time, there has been a flurry of articles covering the specifics of the law, some analysis of how the new law might impact rents differently than the old law and the predictable array of […]

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Cathleen Bahan Consulting

Real Estate Alert: New Taxes on High Value NYS Transactions Take Effect July 1, 2019

As part of the FY2020 budget, New York State will seek new revenue from real estate transactions.   The final legislation is expected to yield hundreds of millions of dollars for state coffers and is intended to secure $5B in bonds for the MTA. It will: Increase transfer taxes by 60%, from .4% to .65% Commercial properties sold for $2M […]

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Cathleen Bahan Consulting

Multifamily Property Transactions: A View from the Closing Table

On September 1, 2018, Anthony T. Simari, Esq., joined Holm & O’Hara LLP as a partner in our real estate group focusing on multi-family properties.  Anthony is a seasoned professional; in each of the last five years, he has closed transactions for properties collectively valued at more than $200,000,000.  After his first six months with […]

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Cathleen Bahan Consulting

Michael L. Landsman to Present a CE Course on Fair Housing

In the field of real estate, few categories have the make or break significance of fair housing laws. Embrace diversity and equal opportunity, and you will build a broad client base with extraordinary potential for repeat business. Disregard or violate the complex fair housing and anti-discrimination rules and you could end up with significant liability, a ruined reputation and […]

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Cathleen Bahan Consulting

Environmental Site Assessments: Essentials for Real Estate Investors

Buying or selling a commercial or investment property is a process, sometimes an involved one.  One of the more complex—and least understood—aspects of this process is the Phase I Environmental Site Assessment (ESA).  We asked environmental attorney James J. Periconi to explain some of the essentials of Phase I ESAs and why it is often […]

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Cathleen Bahan Consulting

Fall Update: What’s Happening in Real Estate

For many people, back to school time is also back to business time.  Certain industries and markets – like real estate – which tend to quiet down in August, start to see new life in September.  Holm & O’Hara LLP’s Fall Real Estate Update covers four topics of interest to those who are likely to buy or […]

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Cathleen Bahan Consulting

Anthony T. Simari, Esq. Joins Holm & O’Hara LLP as Partner

Anthony T. Simari, Esq., joins Holm & O’Hara LLP as our newest partner effective September 1, 2018. Anthony will be working in the firm’s real estate practice, where his deep experience with complex transactions makes him an excellent addition to our team. Throughout his career, Anthony has represented clients in acquisition, development and financing of […]

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Cathleen Bahan Consulting

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