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Experts will cover topics such as correcting code violations cheaply, the ins and outs of the NYC loft law, what it really takes to undertake a condo conversion and the best uses of owner's equity. With enough lead time, owners can identify appropriate managers, prepare them for the challenge of ownership and establish a financing structure that enables the incoming owner or owners to buy the business over time and deliver fair value for the owner's equity. Borrowers must have repayment ability from cash flow, management capability, collateral, owner's equity. |
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