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Utah and Idaho: The Two States That Catch Every Private Lender Off Guard

A Practical Compliance Guide for Business Purpose Lenders Entering the Mountain West A private lender we recently advised had been making business purpose bridge loans on single family investment properties in both Utah and Idaho for the better part of two years without a license in either state. The client...

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Wide editorial photograph of the Miami skyline from across Biscayne Bay at dawn

Florida’s regulatory treatment of business purpose mortgage lending has experienced significant attention over the past several years. Understanding the current licensing requirements—and how they compare ...

A construction lending return analysis spread on a desk draw schedule

The private lending landscape has shifted dramatically over the past several years. What was once a market dominated by fix-and-flip transactions has evolved as distressed ...

A mortgage REIT structure diagram spread on a conference table capital stack

Private lending fund managers face a critical decision in 2025: whether to incorporate a Real Estate Investment Trust (REIT) structure into their operations. With legislative ...

A debt fund strategy memo spread on a partner's desk capital deployment targets

The Staying Power of the Debt Fund Model As private lending continues its evolution toward greater institutional participation and standardization, a recurring question among industry ...

Navigating Mergers And Acquisitions - Geraci LLP

Mergers and acquisitions in private lending present unique challenges distinct from traditional business combinations. Unlike conventional M&A transactions involving manufacturing companies or service businesses, lending ...

The Honchariw decision spread beside a California default interest calculation worksheet the

More than two years have passed since the California First District Court of Appeal issued its ruling in Honchariw v. FJM Private Mortgage Fund, LLC ...

An empty commercial street in a secondary American city at midday

Challenging economic conditions often present the greatest opportunities for disciplined private lenders. While market volatility creates risk, strategic lenders who maintain rigorous standards and aggressive ...

Cinematic aerial photograph of a commercial property mid-transfer

Executive Summary Gap closings—real estate transactions where significant time elapses between document execution/fund disbursement and official recording—have transitioned from exceptional accommodations to standard operating procedure ...

The Chevron deference opinion beside a private lending regulatory compliance memo the agency

A Supreme Court Decision That Reshapes Federal Regulation In June 2024, the United States Supreme Court issued one of its most consequential rulings in decades. ...

Editorial macro photograph of a federal beneficial ownership disclosure form, its required fields

Introduction: A New Chapter in Federal Disclosure Requirements The implementation of the Corporate Transparency Act represents one of the most significant shifts in federal reporting ...

A promissory note open to the prepayment penalty clause

For private lenders, one of the most consequential provisions in any loan agreement is the prepayment penalty clause. These provisions, often referred to in the ...

A stack of beneficial ownership disclosure filings mid-scatter on a federal courtroom bench

Federal Court Halts the Corporate Transparency Act Nationwide The Corporate Transparency Act (CTA) has faced significant legal challenges since its enactment, and a landmark federal ...