Payson Shuffles Pipeline Loans

Payson Shuffles Pipeline Loans
“This will close out our stimulus loan,” said Public Works Director LaRon Garrett at the Thursday council meeting. “Construction will start on the pipeline next week in town while we continue to work on long-term financing.” Payson Mayor Kenny Evans …
Read more on Payson Roundup

Port Townsend gets million state loan for water project
The Port Townsend City Council voted unanimously Tuesday night to defer acceptance of the state construction loan until its next meeting because the city manager and finance director were not present. “I am confident that everything is being done …
Read more on Peninsula Daily

Prospect Mortgage Launches New Construction Division
Prospect is offering a product lineup to help buyers and builders with new home construction. The extended rate lock program allows eligible buyers to lock in their interest rate at the time a loan application is completed for an unfinished home …
Read more on The Herald | HeraldOnline.com

Lastest Construction Loans News

Construction firms fare worst in loan crunch
NEW YORK (CNNMoney) — It's hard for all businesses to get a loan these days, but construction companies have it the worst. In a new survey by the New York Federal Reserve, construction companies were the most likely to say banks simply wouldn't lend …
Read more on CNNMoney

Sabal Financial Group Closes on For-Sale Residential Construction Loan Under
NEWPORT BEACH, CA — (Marketwire) — 08/21/12 — Sabal Financial Group, L.P. has announced the closing of a $ 4 million construction loan for 12 detached single-family residences through the company's recently launched builder lending program.
Read more on Virtual-Strategy Magazine

Lastest Construction Loans News

HOSPITALITY: HFF arranges .1 million construction loan for Oceanside hotel
Pittsburgh-based HFF Inc. said that it has arranged a $ 25.1 million construction loan for the development of Marriott SpringHill Suites, a 150-room hotel in Oceanside. HFF worked on behalf of GF Properties Group LLC to secure the three-year loan …
Read more on North County Times

Prices in Construction Materials Dip in July as Finished Buildings Increase in
(Source: AGC) – The cost of key construction materials dropped for the third consecutive month in July, pushing down year-over-year prices for the first time since 2009, according to an analysis of producer price index figures released today by the …
Read more on LoanSafe