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)

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)

Desperation and hope in a Russian village

Desperation and hope in a Russian village
The Moscow-based project management company Roel chose to invest in the construction of a diatomite silica processing plant, which will produce heat-insulating materials for use in construction. According to Melnichenko, no one produces them in …
Read more on Tne Moscow News

Issuer Spotlight: Invesco PowerShares
The PowerShares Senior Loan Portfolio (BKLN, A-) tracks the S&P/LSTA U.S. Leveraged Loan 100 Index, which is meant to track the largest institutional leveraged loans based on interest payments, spreads and market weighting [also see 13 Rapid Fire ETF …
Read more on ETF Database

Starwood Property Trust, Inc. Reports Results for the Quarter Finished March 31
For any loans collateralized by ground-up construction projects, we include the fully-funded loan balance in the numerator and an estimate of the stabilized value upon completion of construction in the denominator. Excludes Loans transferred as secured …
Read more on Wall Street Journal (press release)

AIB to lose its second group treasurer in a year
Yesterday AIB said that it is on track to deliver an operating profit this year – once the cost of terrible loans is excluded. The bank said that 95pc of the sale of €20bn of so-called non-core assets ordered by the Central Bank last year will have been …
Read more on Irish Independent