Sentences with phrase «back on construction loans»
As some banks pull back on construction loans, they are shifting that capital into permanent loans with longer terms.
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Tensions between the Obama and Cuomo administrations date back to June, 2014, when Enck put the brakes on Cuomo's plan to use $ 500 million from a revolving loan fund devoted to clean water projects for the construction of the new Tappan Zee bridge.
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Higher income from operations on the back of increased loan disbursements for vendor financing, construction equipment, mortgages and consumer durables aided the company's earnings during the quarter.
Some banks have pulled back a bit on construction loans in markets where there has been a lot of seniors housing construction due to concerns about concentration risk.