Member News

30 Jul
Member News, Uncategorized

ESMA Issues Opinion on European Passport Extension

Further to recent briefings, ESMA has today published its advice in relation to the application of the Passport to non-EU AIFMs and AIFs (“Advice”) together with its opinion on the functioning of the passport for EU AIFMs and the national private placement regimes (“NPPRs”) (“Opinion”). The Advice and Opinion, required under AIFMD, will now be considered by the European Commission, Parliament and Council. Regarding the advice on the potential extension of the passport, ESMA opted for a country-by-country assessment to...

Read more

29 Jul
Member News

Value Creation in a Low-Growth World

How can companies identify value-creating opportunities in a global economy that is increasingly shaped by disruptive technologies and new ways of doing business? At an event hosted by AlixPartners in New York entitled Value Creation Amid Global Disruption, we gathered influential speakers and corporate leaders to try to answer that question. Together with ABC News chief global affairs correspondent Martha Raddatz, AT&T senior vice president and chief security officer Ed Amoroso, and GoCoin CEO and founder Steve Beauregard, we discussed...

Read more

29 Jul
Member News

New Jersey Office/Industrial Portfolio Sent to Special Servicing

According to an email from Fitch on Tuesday, the $80.3 million Atlantic Development Portfolio loan has been sent to special servicing. The note makes up 4.15% of the collateral behind JPMCC 2005-LDP5. Servicer comments indicate that the loan is backed by eight properties spread across Warren and Somerset, New Jersey, but one of the properties may have been released. The original five offices and three industrial properties totaled 902,237 square feet but servicer notes indicate that the portfolio is now just under 800,000 square...

Read more

22 Jul
Member News, News

Residential Real Estate Valuation Model Contest

Real estate valuation modeling (specification and calibration) has evolved significantly in the past 40 years. To demonstrate the current statistical quality and variety of valuation model structures, the GIS/CAMA Technologies Conference organizers, International Association of Assessing Officers (IAAO) and Urban and Regional Information Systems Association (URISA) and sponsor, NCSS, LLC, are supporting the Residential Valuation Model Contest. IPTI, the International Property Tax Institute, a member of the EACCNY is asking beginner-to-expert volunteer modelers to provide their talents for the competition....

Read more

22 Jul
Member News, News

CBP Issues Directive on GSP Refund Procedures

On June 29, 2015, President Obama signed the Trade Preferences Extension Act of 2015 (H.R. 1295), which renewed the Generalized System of Preferences program (GSP), effective July 29, 2015 and retroactively to July 31, 2013. CBP has posted a directive on its website outlining how it intends to process duty refunds for GSP eligible merchandise which was entered between July 31, 2013, and July 29, 2015. CBP states that it will process refunds for entries filed via the Automated Broker...

Read more

21 Jul
Member News

A very Special Moment for Sixième Son

By Michaël Boumendil, Managing Director & Founder, Sixieme Son – A member of the EACCNY I want to share a funny adventure that has just happened to us. It has been in the press but I wanted to tell you the story directly. At a time when preparations began for the 20th anniversary of Sixième Son, David Gilmour of Pink Floyd offered us a wonderful gift. David is not only singer and guitarist for Pink Floyd, he’s a legend, he is...

Read more

20 Jul
Member News

TREPP Trading Alert: A&P Files for Bankruptcy for Second Time in Five Years

According to the Wall Street Journal and others, grocery chain A&P filed for bankruptcy yesterday for the second time in five years. The Chapter 11 filing will result in 25 stores closing in the near future and another 120 being put up for sale. It was said that Acme, Stop and Shop, and Key Foods were among the bidders. The firm operates under various names in the Northeast and Mid-Atlantic states of the US. A posting on the ...

Read more

20 Jul
Member News

Tenant Departure Weighs on Property, 2005 Office Loan Won’t Pay Off

The $56.8 million Cedarbrook Corporate Center Portfolio loan was sent to special servicing according to July remittance data. The borrower indicated that it "does not expect to be able to refinance at maturity (10/1/15) due to the potential loss of a major tenant in December 2015." The loan is supposed to pay off in October 2015. The collateral is comprised of three research and development buildings and one Class A office in Cranbury, New Jersey. In total, the four buildings contain 339,428...

Read more

15 Jul
Member News

Results from Littler’s Annual Executive Employer Survey

Littler is pleased to release its fourth annual Executive Employer Thought Leadership Survey report, which can be found here. The survey results provide insight into the forces that are influencing change in the workplace and the key regulatory and economic developments impacting employers. It offers a unique look into the top-of-mind issues for in-house counsel, human resources professionals and C-suite executives from companies of all industries navigating the ever-changing world of work. We hope you find this report informative. If...

Read more

«‹485486487488489›»