"Once you start reading, you won't be able to put the book down. You will feel you are part of the deals that industry leaders have put together. This is a real book about real people and how they address risk and reward."
—Bruce S. Schonbraun, Managing Partner The Schonbraun McCann Group LLP
"Bergsman applies a journalist's logic to the complex world of commercial real estate, making it easier for outsiders to understand. He writes with the authority of a true insider."
—Brannon Boswell, Managing Editor Shopping Centers Today
"Congratulations. Finally, someone has written a book that reflects real estate finance in the twenty-first century. With the growing proliferation of real estate education in university business schools today, this book should be required reading!"
—James D. Kuhn, President Newmark Knight Frank
From the Inside Flap
The real estate market is booming, and over the last few years, people have come to realize its incredible profit potential. But if you're unprepared, entering this arena can be confusing as well as costly.
If you're looking to make serious money in real estate, look no further than Maverick Real Estate Financing. In this follow-up to the widely acclaimed Maverick Real Estate Investing, Steve Bergsman describes in detail various real estate financing methods that can help you achieve real estate investment success. Maverick Real Estate Financing also introduces you to a group of innovators who have used these methods to build substantial fortunes. By listening to some of the world's most successful real estate Mavericksthose you'll meet in these pagesyou'll uncover valuable, time-tested tools and techniques that can help you raise capital and make deals you might not have previously considered.
With this book as your guide, you'll discover what sets the Mavericks of real estate finance apart from the rest of the pack and learn how to apply their proven principles to your own real estate deals. Each chapter examines a different real estate financing strategy or product as well as the Maverick who best demonstrates this axiom in action. This way, you can see how these individuals got their start and how they made it to the top of such a highly competitive profession.
Bergsman provides important real estate financing lessons from some of the best minds in the business, including:
- William Sanderson choosing the best type of corporate format to hold real estate
- Benjamin "Buddy" Cohen and Jack Cohenon the use of construction, permanent, bridge, hard money, and mezzanine loans
- Milton Cooper and his maverick efforts in retail site arbitrage
- Leo F. Wells IIIon the formation of private and non-traded REITs
- W. P. Careyon the intricacies of the sale-leaseback
- Stephen Ross and his experiences with low-income housing tax credits (LIHTCs)
Whether you're a real estate owner, developer, or investor, Maverick Real Estate Financing has the information you need to succeed. Filled with in-depth insight and expert advice, Maverick Real Estate Financing will show you how to make the most of your time in this market.