Frank Jermusek discovered his interest in law while in college at The University of St. Thomas in St. Paul. While studying Business at St. Thomas, Frank Jermusek was at the same time working for the Minnesota Investment Firm, Baker Investments. While his main work consisted of managing investments of the company, Frank began working on complex commercial transactions.
About Frank Jermusek
The Jermusek Law Firm, LLC
After studying law at William Mitchell, Frank Jermusek was hired immediately to work as an attorney at Leonard, Street and Deinard. In 2006, he founded his own law firm, The Jermusek Law Firm, LLC, which is based out of Minnesota.
The company is focused on providing sophisticated, creative, and practical solutions for clients dealing with real estate, business, and lending matters. Frank Jermusek has mainly focused his legal practice on business, real estate, lending, and golf/hospitality matters.
SVN | Northco
Working closely with his other Business, SVN | Northco, a real estate and investment firm also operating in the Minnesota area and Twin Cities, Frank Jermusek’s law firm will help individuals and companies across the greater Midwest handle legal work and strategies for real estate transactions, business transactions, and litigation for both.
In terms of real estate, Frank Jermusek’s firm will provide a practical solution to legal matters in purchase & sales, development & construction, debt & equity finance, leasing & property management, loan workouts & restructuring, commercial lending, 1031 Exchange, and, another speciality, Golf Course & Hospitality. In business, his firm will handle the legal work for business formation, contracts, mergers & acquisitions, and corporate finance.
In his work as a legal consultant and attorney at law, Frank Jermusek hopes to provide his clients with planning and preparation that will maximize the profit for their business or institution, and deliver the best possible results for that individual company or service.
Connect with Frank Jermusek
Like the age-old saying, there’s no such thing as a stupid question so don’t be afraid to ask them. The more you know, the more likely you are to make a sound investment. If you find yourself asking what questions you should be asking, Kyle Pennell compiled a few questions to get you started like what kind of property and do you have a location in mind? You can find the full list here.
This is where commercial real estate professionals like myself and the staff at SVN Northco come in. Because the industry is so varied, you want to find a realtor or advisor that has experience with your type of property. One usually doesn’t assume that because someone can sell a house Minneapolis, they can sell a house in New York City or Dubai. They need to have an understanding of the industry, property type and location. Large real estate firms have diversified portfolios that often span the globe, and as a result, they have more experience with major transactions like selling a resort or even a private island.
As described by Inc., you don’t have to know everything. That’s why you seek help from others who make it their mission to know the ins and outs of the commercial real estate sector. “They can help you determine the right time to buy or sell, the right locations to consider, and the nuts and bolts of closing the deal.” Don’t be afraid to seek counsel from a lawyer, broker, accountant or all three.
Do Your Due Diligence
After you asked the questions and determined the property with help from your team of professionals, you now need to check the bones of the deal. Even if a property seems picture perfect, you want to ensure that it is a sound investment. If there are problems — you want to find them now rather than six months down the line when you already bought into the venture.
Once it passes inspections and your own personal expectations — it’s time to take the plunge.
Originally published at frankjermusek.wordpress.com on February 27, 2018.
A historical Presidential election took place less than six months ago, with drastic changes already taking place inside the walls of the White House. Since the election, the financial markets have been experiencing some changes, reaching new records and continuing to make a positive impact.
The eyes of the entire world are on newly-elected president Donald Trump, as well as on the changes that will happen during his time in office. Part of those changes concerns the financial markets.
One of the largest platforms President Trump spoke to was regaining control of the domestic markets and anti-globalization. One of the first powerful choices he made was halting the move of Carrier, an HVAC company, to Mexico by keeping the company’s plant in Indiana afloat. According to Investment News, since the announcement of Trump’s support of Carrier jobs remaining in the U.S., other large domestic companies, such as Amazon and Toyota, announced their intent to continue providing locally based jobs. Since his successful campaign and victory, others seeking leadership roles in their countries have adopted similar platforms to run upon.
The aggressive approach in everything the president seeks to accomplish could strongly benefit the economy in the coming years. A prime example is the ability the president will have in overhauling corporate tax. By lowering taxes and making them more appealing to American-based companies, international trade rates are likely to take a blow. The financial markets in the U.S. will continue benefiting if such trends continue in the direction they have taken since the election results were announced.
Many financial advisors have begun to shift their industry’s focus as the markets continue to change. Due to the President’s anti-globalization mindframe, advisors are suggesting that investors shift their concentration towards U.S. companies who aren’t dependent on international trade. Having pulled out of the Trans-Pacific Partnership days after his inauguration, there are likely future days of limited international trade for major corporations ahead.
Within the first few weeks of the new administration, the Dow Jones hit 20,000 for the first time in its history of existence. Though previously name-calling the stock market, the President joyfully celebrated the monumental achievement, sharing the honor he felt in being a part of this historical event. The overall market has risen 10 percent since the November results, and many experts equate that to the President’s pro-business philosophy.
Throughout the controversial election process, the economy became a hot topic of debate in many situations. With the 45th President’s view on keeping jobs in the U.S. with limited importations, the economy is bound to continue on the upward spiral it has been seeing since last year. As no concrete plans from the White House have been put into action regarding the economy, investors must wait patiently for details to fall into place before predicting realistic outcomes.