Fairfield scores $57M construction loan for Pompano Beach apartments – Another large-scale development will soon be rising in Pompano Beach. San Diego-based Fairfield Residential scored a $56.5.
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Starwood Acquires Office Tower Next to Amazon HQ2 With $99M Loan – Starwood sealed the deal with a $98.5 million acquisition loan. Société Générale provided the senior. many of which have expanded their space in the building. The previous sponsor made a $30.
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Construction Loans: Which Type Is Best & How to Apply? – Cash Down Payments. With construction loans, banks want the borrower to have some "skin in the game" in the form of a down payment. If you are borrowing on the land as well as the construction, you will typically need to make a substantial down payment of 20% to 30% of the completed value of the land and building.
Old Post Office lands another tenant, Federal Home Loan Bank of Chicago – The Federal Home Loan Bank (FHLB) of Chicago is reportedly in discussions. is in the midst of an $800 million renovation.
Joy Construction, Maddd Equities land $34M loan for Newark building – Joy Construction and Maddd Equities picked up nearly $34 million in funding to recapitalize their office building in Downtown.
Capital One Syndicates $132MM Construction Loan for Opportunity Zone Apartments – Capital One announced that it served as administrative agent for a $132 million construction loan to MRP Realty for the first phase of Bryant Street, a 488-unit mixed-use project in Washington, D.C,
Comerica Personal Loan New CEO won’t hurry Comerica’s pace despite delay in benefits from merger. – But the new chairman and chief executive of comerica. personal appearances, going so far as to proselytize at breakfasts with randomly chosen rankand-file employees. Some moves already are paying.
VA Construction Loans – Military Benefits – One of the acceptable uses of VA loans is that they can be used to build a home on a piece of land. Qualified military borrowers can use VA entitlement toward a.