Are you planning to purchase, finance or develop any of the following types of Commercial or Industrial Real Estate? A KEY element to successfully investing in commercial or industrial real estate is performing an adequate Due Diligence Investigation prior to […]
HARP – On This. . .
A Commercial Real Estate and Business Thought-board
10 THINGS EVERY BUYER NEEDS TO CLOSE A COMMERCIAL REAL ESTATE LOAN
Commercial Real Estate Closings Since 1978, I have represented borrowers and lenders in commercial real estate transactions. Throughout the process of negotiating the sale contract, all parties must keep their eye on what the Buyer’s lender will reasonably require as a […]
Land Patent Defense is Frivolous, Sanctionable, and a Class 4 Felony in Illinois
The law is clear. The so-called “Land Patent” defense does NOT work. This is not earth shattering news, but it is a reminder that defenses to mortgage foreclosure actions must be well grounded in fact and warranted by existing law […]
Dancing with Gorillas – Roulette – and CRE Litigation
The Time to Decide – Commercial Real Estate Litigation A sage once said, “The time to worry about where the ball will drop is before the wheel is spun”. He was speaking about roulette, of course, but the wisdom of […]
REAFFIRMED: LLC Members Do NOT Have Interest in LLC Property
Court Reaffirms that LLC Members Are Separate From the LLC and DO NOT Have An Ownership Interest In The LLC’s Property. Therefore Member Can File Lien. Just a brief post regarding LLC Property: On September 3, 2013, the Illinois Appellate […]
The “little known” Two-Year Rule for Employment Restrictive Covenants – Illinois
Employment Restrictive Covenants The issue of enforceability of employment restrictive covenants comes up often in business, including the business of commercial real estate. A common scenario is as follows: A person goes to work for a company and is required […]
CHICAGO POISED TO BECOME ONE OF WORLD’S MOST COMPETITIVE CITIES
Why Chicago will be one of the world’s ‘most economically competitive cities’ CHECK OUT THIS ARTICLE FROM CRAIN’S CHICAGO BUSINESShttp://www.chicagobusiness.com/article/20130619/OPINION/130619778 R. Kymn HarpROBBINS, SALOMON & PATT, LTD.www.rsplaw.comrkharp@rsplaw.comwww.HARP-OnThis.comSent from my iPad
Life Lessons and Residential Neighbors – CRE DEVELOPMENT
A story I heard growing up: When my grandfather was 10 years old he found a penny. With that penny he bought a pencil. He sharpened that pencil then sold it for two cents. He took that two cents and […]
Money train: Metra stops and income levels
THE INTERACTIVE MAP AT THIS LINK http://shar.es/Z8Ko5 IS AN EXCELLENT TOOL FOR CHICAGO REGION RETAILERS AND SERVICE PROVIDERS. Average income levels for populations served by Metra train stops. Chicago history buffs may know that early developers and rail pioneers would […]
Chain of ‘homey’ gambling cafes makes big suburban push – News – Crain’s Chicago Business
I’M NOT A GAMBLER, BUT FOR SHOPPING MALLS WITH VACANT RETAIL SPACEhttp://www.chicagobusiness.com/article/20130523/CRED03/130529882?template=mobile THIS TENANT MAY PROVE TO BE A JACKPOT R. Kymn HarpRobbins, Salomon & Patt, Ltd.Chicago, ILwww.rsplaw.comFOLLOW MY CRE BLOG: www.Harp-OnThis.com