by CGS3 | Apr 27, 2020 | Buying & Selling, Coronavirus, COVID-19, Financing, Insurance
Flexibility is the key word in today’s real estate environment as buyers and sellers try to incorporate new strategies into the structure and negotiation of their purchase and sale agreements. Since the impacts of the coronavirus pandemic are likely to be felt for the...
by CGS3 | Apr 14, 2020 | Coronavirus, COVID-19, Financing, IRS, Tax
The passing of the unprecedented CARES Act is a testament to the immense threat small businesses are facing amid the COVID-19 pandemic. The $2.2-trillion emergency aid relief package is the largest in U.S. history, intended to help those requiring financial assistance...
by CGS3 | Mar 6, 2019 | Financing, Tax, Trends
Continuing its regulations on Opportunity Zones, the IRS has issued new revisions to the Qualified Opportunity Fund that focus on penalties for investors who fail to meet the investment standards set forth in Form 8668. These new rules apply to both QOFs and...
by Editor | Feb 5, 2016 | Commercial Real Estate, Financing, Q&A, Trends
In Part 2 of a recent GlobeSt exclusive interview with CGS3’s Phil Jelsma, the issue of what makes use of the EB-5 program successful is addressed. Jelsma states as a key takeaway that “Investors in EB-5 development projects must ensure the targeted...
by Editor | Feb 4, 2016 | Commercial Real Estate, Financing, Q&A, Trends
A recent GlobeSt article, featuring CGS3’s Phil Jelsma, discusses how recent changes to the incredibly popular EB-5 program are impacting the commercial real estate world in a variety of capacities. The Omnibus Bill, recently passed by Congress on Dec. 15, 2015,...
by Editor | Dec 2, 2015 | Entity Formation, Financing, Litigation, Tax
A recent Scotsman Guide article highlighting CGS3 partners Phil Jelsma and Gregory Markow, discusses the difficulties that can quickly arise when an LLC is created in a sloppy or careless manner. The article highlights how the creation of a limited liability company...
