Lastest Construction Loans News

Communities Achieving Sustainability Act to Help Repair Communities by …
The federal government made these loans to encourage lenders to fund home buys for dilapidated homes, incentivizing the development of neighborhoods and the increase in community property values. The 203k loan covers not only the cost of the …
Read more on LoanSafe

Copels 1Q Earnings Beat Est.
Revenue improvement was witnessed in nearly all the business categories of COPEL: Electricity sales to final customers grew 26.8%; sales to distributors surged 72.1%; telecommunications revenue increased 6.0%; distribution of piped gas spiked 13.4 …
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Roundup: Karlin swallows up more property; jazzy restaurant on tap
The deal for open finished construction loans from Bank of the Ozarks and IBC Bank was place together by Executive Vice President Jim Richards and Senior Vice President Jim Kirkpatrick of CBRE Group Inc.'s debt and equity finance team in Houston.
Read more on Austin Business Journal (blog)

Walker & Dunlop, Inc. CEO Discusses Q1 2013 Results – Earnings Call Transcript

Walker & Dunlop, Inc. CEO Discusses Q1 2013 Results – Earnings Call Transcript
There are multi-family loans which do not fit Fannie Mae, Freddie Mac and HUD's programs such as interim loans and higher leverage loans. As well Walker & Dunlop's expertise in the multi-family market can and should be used to lend on other commercial …
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Temperamental's downgrades the ratings of six stand-alone housing bond programs to …
$ 8.71 million of Charlotte City Housing Authority, NC, Multi-Family Housing Revenue Bonds (Ginnie Mae Collateralized Mortgage Loan – South Oak Crossing Apartments Project) Series 2006 — rating: Aa1. 2. $ 2.87 million of City of Coon Rapids, MN, …
Read more on Moodys.com (press release) (registration)

Eastern Union Funding Names Richard T. Cassin To Lead New Credit Quality …
Among his accomplishments, he brokered a 20-deal portfolio of multifamily loans valued at $ 100 million. Mr. Cassin was also with Commerce Bank as a senior vice president and head of the commercial real estate division. In this capacity, he was …
Read more on ParamusPost.com

Lastest Construction Loans News

Dangote Gets N670 Billion Loan to Construct Nigeria's Largest Refinery
Last month, Mr. Dangote had unfolded ambitious plans to invest about $ 8 billion in the construction of a refinery to be sited in the southwest part of the country. The construction of the refinery would commence by late 2016. The 445,000 barrels a day …
Read more on AllAfrica.com

Fraternity Community Bancorp, Inc. Reports Results for the Quarter Finished March …
Other real estate owned at March 31, 2013 and December 31, 2012 consisted of one luxury residential property that was a speculative construction loan (totaling $ 1.7 million at March 31, 2013 and $ 1.6 million at December 31, 2012) and one non-owner …
Read more on Business Wire (press release)