Adam Steiner
@admsteiner
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Lawyer but not your lawyer. Secured Lending; used to code. occasionally dabble.
USA
Joined November 2008
Introduction for new followers I'm a partner at Rick Steiner Fell & Benowitz, a New York City based law firm which represents banks, credit unions and other lenders on commercial loans. Our clients include some of the largest -- and smallest --institutions. We handle their
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The time of the year when you get 57 phone calls and 620 emails a day. Every day. And then on January 2nd you're lucky to get 10 emails.
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Financial planning for entrepreneurs is a different game. Irregular income, business investments, and self-funded retirement require a dynamic strategy, not a static 60/40 portfolio. We build a plan that flexes with your business cycles.
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"We don't accept wire instructions by e-mail, but you can fax them to us at the fax-to-email number in my signature block included on this totally unsecure email"
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The motive won’t be a surprise San Francisco stands with its Jewish community. There is no place in SF for antisemitism.
NEW: Police in San Francisco arrested a suspect in an arson attack on the SF Hillel, which serves students across the city. The motive is not yet known. The fire caused extensive damage and the building is no longer habitable. From @LoebLea in @jewishsf
https://t.co/1lVA92gwlr
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Endorsed By:______________ Name: Title: Chief Cook and Bottlewasher
I will unapologetically nudge borrowers in this direction on every deal if I need to. Do the brain damage on the front end (with omnibus resolutions signed by everyone you could possibly need) and avoid the complicated signature block.
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Would you trade Jaxon Wiggins and Jefferson Rojas for MacKenzie Gore? @TheAthletic's Keith Law provides a trade package for MacKenzie Gore on the Cubs Weekly Podcast!
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"The Sender would like to recall this message" Ooh, better read that one first! Stupidest feature ever.
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Have someone looking to buy some laundromats (more than one!). Any leads?
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I'm just going to forward this thread to any friend or client that is considering an LP investment in multifamily
Tired of losing money in real estate?! Today, we’re going to look at a pitch deck from Nitya Capital. I’ll teach you a few things that you can hopefully use to separate good deals from bad ones. Buckle up.
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I’m pretty sure it was Alex Stein, now a justice on the Israeli Supreme Court. Or Scott Shapiro, who I had for crim law
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One of my professors in law school gave this example You’re in a helicopter above a riot in a prison yard and you see 99 prisoners beat a guard to death while 1 stays back, away from the crowd and doesn’t participate There’s a 99% chance each is guilty. But there’s reasonable
On Tuesday I presented oral argument in the 14th Court of Appeals of Texas in Houston. #appellatetwitter The issue is whether a trial judge in a criminal case may tell the jury that "beyond a reasonable doubt" can be "60 percent." I argued that the answer is "no."
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Bet you @elonmusk has already done inference experiments on Starlink satellites and results have been better than expected
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Your Jeep deserves more than just a traditional lift kit — it deserves an AccuAir Dynamic Lift Kit.
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National Title Companies: Please always include the point person at the local office handling the file. The extra turnaround time and non-answer answers (since you don't know local law) is a huge annoyance.
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Looking to add an Acquisitions Associate in the Dallas market! If you have experience underwriting and buying retail properties - please dm 🙌
Our new $75M fund just launched - and our investors stepped up, big time! $45M+ already raised, and we're off to the races to buy the next $100M in strip centers. I've decided to share the email I sent our LPs below. To the amazing retail brokers out there: Let's do this! 🙌
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Not all loan defaults are bad defaults Missing your payment is a bad default Blowing through your DSCR is a bad default Others? Not so bad. Really a way for the lender to say “look there’s been a big change. Might be a big credit issue. We want the option to reconsider”
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It's hilarious that SAAS sales people think "We can give you a 30% discount if you sign by Monday" works Guarantee if I called you back on 12/28 and said I'd sign today for a 30% discount you'll get to yes before I hang up the phone
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Noosphere has launched in the US App Store, available on iOS. We are an innovative new platform connecting you directly with the world's best journalists and content creators. No middle man. Download and subscribe in the link in the bio.
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My major issue with my Tesla Range is not nearly what it says it is
You buy a Tesla Model Y Long Range rated for 330mi. You take a trip that is 360mi total. “Great,” you think, “I’ll just have one short charging stop!” Then you put in your destination 170mi from home and see you’ll only have 10% on arrival. The trip starts, and that estimate
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Junior Associates (in all industries): If I were you, I would do everything possible to become an expert in an area, (carefully) post about it on social media, and carve yourself a niche. You might have to do it anonymously at first, as large firms often discourage social
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Funniest thing I heard today was a closing attorney saying they charge a $150 fee per wire.
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Did you know? Rio Grande LNG has made ~$950,000 in charitable donations focused on community development and supporting 60+ local organizations.
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