Sentences with phrase «additional construction financing»

The financing includes a $ 12 million HUD - sponsored Community Development Block Grant construction loan and $ 7.3 million in additional construction financing from Chicago - based LaSalle National Bank.

Not exact matches

As of late last year, Tishman was in the market for a $ 1.5 billion construction loan for the project, though industry experts said it's unlikely that lenders would be willing to increase financing packages to cover additional steel costs.

Potential risks and uncertainties include the availability of acceptable bank debt financing; the availability of acceptable additional equity investors; delays or interruptions in construction of power plants; the timely availability of required permits and authorizations for projects from governmental entities and third parties; changes in applicable regulatory requirements and incentives for production of solar power; and other risks described in the company's filings with the Securities and Exchange Commission.

Additionally, my committee has jurisdiction over the city's Banking Commission, Department of Design and Construction, Department of Finance, Independent Budget Office, and Office of the Comptroller, as well as reviewing and modifying the City Budget and municipal fiscal policy and revenue from any additional sources.

Of the funding, $ 1.4 billion will be allocated for new construction, while an additional $ 565 million will be spent on a large - scale financing program for the preservation of existing units in the state and for housing authorities in upstate communities.

TIFIA direct loans can only be used to refinance: (i) interim construction financing of eligible project costs; (ii) existing Federal credit instruments for rural infrastructure projects; or (iii) long - term project obligations or Federal credit instruments if the refinancing provides additional funding capacity for the completion, enhancement, or expansion of an eligible project.

TIFIA financing allowed WSDOT to raise an additional $ 200 million in construction funding compared to conventional financing means, accelerating the project's timeline, while providing flexibility to increase scope.

FHA 203K Loans When a homebuyer wants to purchase or refinance a house in need of repair or modernization, the borrower usually has to obtain financing first to purchase the dwelling or financing to take out any existing liens should they already own it; additional financing to do the rehabilitation construction; and a permanent mortgage when the work is completed to pay off the interim loans with a permanent mortgage.

When a homebuyer wants to purchase a house in need of repair or modernization, the homebuyer usually has to obtain financing first to purchase the dwelling, additional financing to do the rehabilitation construction, and a permanent mortgage when the work is completed to pay off the interim loans with a permanent mortgage.

(MGM Mirage later made that payment, allowing CityCenter's construction to continue while it seeks additional financing.)

The firm's practices were recognized in several additional categories, including Banking & Finance, Construction, Corporate / M & A & Private Equity, Environment, Litigation: General Commercial, and Tax.

Ownership: Fee Simple, Additional Bedroom: Mstr Bdr Walkin Clst, Additional Bedroom: Separate Bdrm Exit, Dining Area: Formal, Kitchen Island, Disposal, Master Bathroom: 4 Bath Master Bdrm, Pool - Private: No Pool, Sewer: Sewer - Public, Utilities: APS, Water: City Water, Source of SqFt: County Assessor, Construction: Frame - Wood, Association Fee Incl: No Fees, Assoc Rules: None, Construction: Block, Const - Finish: Painted, Technology: HighSpd Intrnt Aval, Items Updated: Kitchen Partial: Partial, Services: City Services, Const - Finish: Siding, Items Updated: Bath (s) Partial: Partial, Fencing: Block, Fireplace: No Fireplace, Special Listing Cond: A, Other Rooms: Great Room, Source Apx Lot SqFt: County Assessor, Cook Top Elec, Non-laminate Counter, Landscaping: Yrd Wtring Sys Back, Landscaping: Yrd Wtring Sys Front, Tax Municipality: Phoenix, Landscaping: Stone Front, Landscaping: Auto Timer H2O Front, Landscaping: Stone Back, Landscaping: Synthetic Grass Back, Exterior Stories: 1, New Financing: Cash, New Financing: Conventional, Dwelling Styles: Detached, High School: Central High School

The preferred equity Pembrook provided will serve as additional financing to a $ 32.1 million first mortgage construction loan that the borrower has secured from another lender.

«This year's roll confirms increases in the real estate market and additional construction activity in New York City, which is not just concentrated in Manhattan,» Jacques Jiha, the city's commissioner for the department of finance, said in a statement.

Montegra will consider financing a loan for the purpose of finishing a small portion of a larger construction project if the initial construction loan did not provide sufficient funds to finish and the initial construction lender will not provide the additional funds required.

The FedEx preferred developer secured 95 % loan - to - cost financing under a program designed to provide net lease developers with the additional capital they need to increase the size of their pipeline and meet tenant construction schedules.

The construction loan was financed by U.S. Bank and bears an interest rate of LIBOR plus 225 basis points, and has a three - year term with an option to extend for an additional two years.

The financing, obtained through PNC Bank, allows for the construction of an additional 120 units and 17,652 sq. ft. of retail space at the Sterling Properties of New Jersey - owned property.

Construction: Brick Front, Cooling Source: Electric, Cooling Type: Ceiling Fan, Cooling Type: Central, Cooling Type: Heat Pump, Energy Related: Water Heater - electric, Kitchen Equipment: Dishwasher, Kitchen Equipment: Oven, ES Bus: Yes, Patio, Fireplace Location: Family Room, Fireplace Type: Factory Built, Heating Source: Electric, Heating Type: Central, Heating Type: Heat Pump, HS Bus: Yes, Cable TV Connections, Ceilings 9 Ft Plus, Hardwood Floors, Pulldown Attic Stairs, Wall - to - wall Carpet, Whirlpool Bath, Walk - in Closet, Kitchen: Breakfast Bar, Kitchen: Solid Surface Counters, List Type: Exclusive Right To Sell, Lot Size: 2 - 1 Acre, Market Code: Off Market, MS Bus: Yes, Photo Available: YES, Ownership: Fee Simple, Possible Financing: Cash, Possible Financing: Conventional, Possible Financing: FHA, Photo: Broker Will Provide Photo, Parking: 2 Car, Parking: Kitchen Level Entry, Roof Type: Composition, State: GA, Share Address with Public Websites: Yes, Include in Auto - Valuation Models: Yes, Allow additional comments: Yes, Share with Public Websites: Yes, Water: Public Water, Water: Septic Tank, Basement: Bath Finished, Basement: Daylight, Basement: Entrance - Outside, Basement: Finished Rooms, Basement: Full, Energy Related: Programmable Thermostat, Energy Related: Insulation - ceiling, Energy Related: Insulation - floor, Equipment: Fire, Kitchen Equipment: Microwave - Built In, Sprinkler System, Amenities: Neighborhood Association, Porch, Cable In Street, Double Vanity, Garden Tub, Energy Related: Thermo, Separate Shower, Kitchen Equipment: Icemaker Line, Kitchen: Breakfast Area, Fees Include: Grounds Maintenance, Lot Description: Wooded, Lot Description: Private Backyard, Date Of Possession: Negotiable, Ceilings - Trey, Parking: Garage, Foyer - Entrance, Kitchen: Pantry, Rooms: DR - Separate, Rooms: Family Room, Rooms: In - law Suite or Apartment, Rooms: Office, Laundry Type: Room, Possible Financing: VA, Showing Instructions: Appt Agent, Basement: Entrance - Inside, Kitchen Equipment: Refrigerator, Foyer - 2 Story, Parking: Attached, Parking: Auto Garage Door, Parking: Storage, Acreage Source: Public Record, Rooms: Dining Room Seats 12 +, Energy Related: Certified Good Cents, Attic Expandable, Construction: Concrete Siding, Laundry Location: Other (See Remarks), Tile Floors, Screen Porch, Status: Under Contract, Cooling Type: Dual, Heating Type: Dual, source: RETS, Virtual Tour Available: Yes, Tile Bath, SQFT Source: Sq Ft Not Entered, Style: Craftsman, Area: DOUG, County: Douglas, Kitchen: Second Kitchen, Stories: Multi - Level, Equipment: Alarm - Carbon Monoxide, Kitchen Equipment: Convection Oven, Special Conditions: Agent Related to Seller, Elementary School: GA, High School: GA, Middle School: GA, Elementary School: Douglas County, High School: Douglas County, Middle School: Douglas County

«In particular, lenders instituted additional offerings of loan programs like the FHA 203 (k) home improvement program and one - time - close programs for financing new construction.»