News and Events
Keep up to date with the latest news,
trends and events in the private commercial
real estate lending industry.
NYS extends foreclosure/eviction moratorium yet again—taking action in their own hands
On September 1st, the NY State Senate and Governor enacted the following series of statutes: Tenant Safe Harbor Act (“TSHA”), the COVID-19 Emergency Eviction and Foreclosure Prevention Act (“CEEFPA”), and COVID-19 Emergency Protect Our Small Businesses Act (“CEPOSBA”).
September 2, 2021
US Supreme Court Vacates CDC Eviction Moratorium
Thursday’s crucial ruling will have massive implications on the renters’ market. Essentially, the U.S. Supreme Court has lifted the Biden Administration/CDC’s Eviction Moratorium.
August 27, 2021
NY LENDER’S ALERT: New Proposed SB 1061A Bill will require all NY lenders to be licensed.
Private Lender Law submitted our opposition to the bill on behalf of the National Private Lenders Association. We urge all private lenders to submit opposition against licensing requirements for private Real Estate Lenders.
June 1, 2021
NY LENDER’S ALERT: New bill in the New York State Senate will adversely affect fix-n-flip transactions in New York City
NY Private Lender/Investor Alert
Attention NY Private Lender’s and Investors, Bill #S5376 has been introduced to the NY Senate that will adversely impact fix-n-flip transactions in New York City.
March 3, 2021