New York’s Newly Enacted Foreclosure Abuse Prevention Act and its Effect on Private Lenders

On December 30, 2022, Governor Kathy Hochul signed into law the “Foreclosure Abuse Prevention Act” (§5473). The Foreclosure Abuse Prevention Act (“FAPA”) puts a hard six-year statute of limitations on foreclosure proceedings and controversially will take effect retroactively. FAPA applies to all pending foreclosure actions and will have a drastic impact on certain actions in […]

Attorney Ian A. Axelrod Joins Andelsman Law

Andelsman Law is pleased to announce the addition of Ian Axelrod, Esq. to our team of attorneys. Ian has joined the firm as Senior Counsel and will manage the Commercial Real Estate Group. Ian is an accomplished attorney with a primary focus on representing private lenders, financial institutions, investors, developers, and domestic and international high […]

Real Estate Investors Establishing Relationships With Private Lenders For Real Estate

The focal point for real estate investors, particularly those new to the business, is to have the ability to have cash available to propel their investment strategy. Private Lenders provide capital and flexibility that strengthen investors’ ability to close deals and grab market share. Establishing relationships with lenders that can fund quickly and that have […]

Private Lenders: Evolving Market Means a Renewed Lending Focus in 2021

With the economy in an unprecedented state of flux, it’s essential for private lenders to concentrate and migrate to markets that offer the highest potential return on investment. Real estate investors are seeking private financing across a wide range of investments including fix and flip loans, long-term rentals in SFR and multi-family, ground-up construction as […]

Advice and Rental Assistance Programs Available to Landlords

On December 28, 2020, the New York Senate Special Session was held to consider the COVID-19 Emergency Eviction and Foreclosure Prevention Act. The bill is the most robust to date in terms of extending eviction moratoriums. It is intended to keep New York tenants and property owners in their homes. Also, they are experiencing economic […]

Ian Axelrod, Esq, Senior Counsel

Ian is an accomplished attorney with over 10 years’ experience representing private lenders, financial institutions, investors, developers, and domestic and international high net worth individuals and investment groups in all facets of lending, borrowing, acquisitions and other real estate matters.  Ian has represented prominent lenders, developers, property operators, business owners, and investors for both residential and commercial property development projects. Ian provides counsel on the acquisition, renovation, and lease of multi-family, mixed use, condominium and various other real estate projects.  Prior to joining the firm, Ian was the Managing Attorney at The Shiponi Law Firm, P.C. and, Associate at The Law Offices of Frederick J. Giachetti, P.C.

Ian graduated from SUNY at Buffalo in 2007 with a Bachelor of Arts degree in Political Science, Public Law Concentration.  He earned his Juris Doctor degree from Touro College, Jacob D. Fuchsberg Law Center in 2010, and was admitted to the New York Bar Association in 2011.