Investment Services
New property acquisitions: I focus on individual investors who wish to own single or multiple properties, with or without other investors. My approach is highly personalized and I consult with each client, tailoring an investment based on many factors including:
- Location preferences
- Property type (apt., office, retail, industrial, etc.)
- Financing and desired leverage
- Outside management
- Income
1031 Exchanges: This type of transaction is authorized by Section 1031 of the IRS Code and is the best strategy for deferring capital gains tax that would ordinarily arise from the sale of real estate. An exchange involves many rules and must be planned carefully. It usually requires the assistance of a real estate attorney, an accountant, and a qualified exchange intermediary. As your broker and financial advisor, I will:
- Coordinate the "exchange process" with the assistance of your other specialists.
- Locate suitable "like-kind" replacement properties within 45 days.
- Assist in completing the purchase of one or more of these properties within 180 days.
For further real estate acquisition and exchange information, please contact me at richard@richardcohn.com.
Financing Services
Securing financing is one of my greatest strengths. As a former real estate lender and commercial banker, I have developed strong personal relationships with a variety of financing sources including banks, savings banks, securitized lenders, pension funds, and life insurance companies.
Whether the owner desires new transaction financing or refinancing, I have access to a full range of competitive loan products for many types of investment properties. These include but are not limited to industrial, office, apartments, shopping centers, and self storage. Please be assured that I will help secure the best available financing that match your financial objectives!
