Archive | August 2014

Find out during this FREE one-hour webinar…
Topic: Business Use of Your Home
Date: Wednesday, September 10, 2014
Time: 11:00 a.m. (Pacific); Noon (Mountain); 1:00 p.m. (Central); 2:00 p.m. (Eastern)

Highlights of What’s Covered:
Simplified and Regular Option for claiming the home office deduction
Requirements for qualifying to deduct expenses
Types of expenses you can deduct and how to figure the deduction
…and more
Plus a live Q&A session

CPE: Earn one CE Credit – Category: Federal Tax
PTIN Holders: In order to get your CE reported to the IRS, ensure that your first name, last name and PTIN match your account.
Your PTIN must begin with the letter P followed by 8 numeric characters. If your name and PTIN are incorrectly entered, you may
still receive a certificate but your credit will not be reported to the IRS.

Information & Registration:

Click on the following link to register:

Please share this with your members, staff, colleagues and anyone who may benefit from this information.

Webinar Support Team
Small Business/Self-Employed

See what you can learn today — or if today’s not good for you, then tomorrow — take advantage of the IRS Video Portal



The Web 2.0 is drastically altering the Finance Industry landscape, that’s common knowledge… Jobs and vendor- business opportunities are shrinking in some areas and growing in others. STEM skills are more important daily. An example… “Lending Club” was unheard of in 2009. What are you doing to upgrade your STEM and other skills?


Services for Bob Daniels

Location: Church of St. Thomas More
1450 South Melrose Dr.
Oceanside, CA 92056

Vigil: Wednesday 9/10/14
7:00 PM-8:30 PM

Mass: Thursday 9/11/14
11:00 AM

Reception: Location still pending (but it will follow the Mass)


Urban Financial Services Coalition brainstorming upcoming Federal Reserve Bank News, investment markets and relaxing. You should join today.


Very sad news. Our fellow UFSC leader scholar, athlete, family man and most of all dear and loyal friend Bob Bob Daniels, passed away yesterday unexpectedly. Very, very sad news. He was a great family man and showed up academically, set an example for all of us. Urban Financial Services Coalition International Advisory, California Association of Realtors Board of Directors Member
and more…He leaves a beautiful family his wife, children, grandchildren, nieces and nephews. Information regarding arrangements will follow. Respectfully, Walter Brown, Jr


…Focus and persistence can pay off…

Thank you for sharing this video UFSC Puget Sound!

Urban Financial Services Coalition
1200 G Street, NW – Suite 800
Washington, DC 20005
Tel: (202) 289-8335

To ensure the full and equitable participation of people of color at all levels in the financial services industry.

To be the pre-eminent financial services organization that provides professional development programs, supports educational advancement and promotes economic empowerment for its members and minority communities at large.

Business- $13.3 million

Friday, August 15, 2014, 2:08pm EDT

Loan modification saves warehouse park from foreclosure
Brian Bandell
South Florida Business Journal
A warehouse park in Pompano Beach resolved a foreclosure dispute after its loans was modified.

In 2012, GECMC 2006-C1 Copans Industrial, representing a commercial mortgage-backed securities (CMBS) trust, filed a $13.3 million foreclosure lawsuit against Miami Beach-based SRA/Copans Commerce Depot. It targeted eight warehouse buildings at 1301 Copans Road and the vacant site of one acre at 2425 N. Andrews Ave. They total 187,232 square feet.

RELATED CONTENT: Over 187,000 square feet of warehouses in Pompano Beach in foreclosure

In July, the lender modified the mortgage with a $2.2 million increase. That was divided into a “Tranche A” with a principal balance of $10.25 million and a “Tranche B” with a principal balance of $5.23 million plus $2.2 million in unpaid accrued interest, lender expenses and late fees. The “Traunche A” will hold priority should the loan be sold for less than the full mortgage amount, with the “Traunche B” receive whatever is left over.

Clifford Stein is the managing member of SRA/Copans.

The latest information from CMBS analysis firm Trepp LLC says the property was recently 64 percent occupied with an annualized net operating income of $741,204. The largest tenant was Max Urban Millwork with 10,900 square feet.


“A superior person thinks of what is right.
An inferior person thinks only of what is profitable.”