«Bascom was able to access mezzanine and preferred equity capital available in today's market and obtain financing on The Breakers Resort by adding a parcel of developable land as collateral, resulting in a blended cost of capital of less than 5 percent and a combined debt yield of 6.25 percent,» said Erland in a statement. (nreionline.com)
As Headwaters Economics has shown so vividly in fine - grained maps, there is a vast amount of developable land in vulnerable zones that, without changed policies, will greatly increase exposure to hazard, and do so even as climate change boosts odds of fire - friendly conditions. (dotearth.blogs.nytimes.com)
Retailers that want to tap into the California market in anticipation of even stronger sales when the economy recovers face a hurdle: Almost everyone in retail agrees California suffers from a severe shortage of developable sites. (nreionline.com)