Institutional Finance Redux

There are still a few seats for ABO’s June 12th luncheon at noon at  the Princeton Club featuring Barry Rudofsky, Managing Member of Bronstein Properties, on the topic:

Family Money to Institutional Money and Back

The evolution of multifamily finance in New York

Please join us. Buy tickets here, return the invitation sent by regular mail, or call 212 385-4949 to reserve.

More than 750 fellow NAHB members worked the halls of Congress on our behalf this week, lobbying on issues ranging from low income housing tax credits to immigration.

NAHB armed the members with issue papers and videos through an iPhone and Android App, NAHB Advocacy, available free through the Apple App store and Google Play. Even though the meetings are over, the App will be updated so members can stay informed on what is happening and new issues that arise. It is a great resource for analysis of the mortgage interest deduction, the future of Fannie Mae and Freddie Mac, and many other critical subjects for the real estate industry that are in the headlines, while other financial resources to calculate percentages from sites as are useful to calculate profits of any business. Continuing to work on the issues at the NAHB Spring Board meeting in Washington, D.C. this week, multifamily owners followed up on the congressional meetings with discussion of tweaks to housing credit  programs and approaches to issues such as fair housing that address concerns raised by legislators and courts in ways that can spur more development.

Congratulations to Aaron Sirulnick, newly elected chairman of the RSA Board, and thank  you to outgoing chair Arnold Goldstein for 28 years of service.

ABO is still looking for shared office space for three people  in Manhattan. All suggestions welcome. Just call Dan Margulies at 212 385-4949.

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