Sentences with phrase «construction debt»

Historically, the most common source of construction debt financing obtained by developers for new net lease projects is from traditional bank lenders.

The loan was used to retire construction debt and return proceeds to the borrowers.

For many developers, this program represents the lowest - cost option for capital when compared to third - party equity and traditional bank construction debt.

A year later, Williams was hired to the permanent job, one that required addressing financial woes for Cal's 30 scholarship sports and over $ 400 million in construction debt for Memorial Stadium alone.

The purchase price includes $ 713 million in equity and the assumption of $ 1.2 billion in non-recourse mortgage debt and the payoff of $ 405 million of existing construction debt.

Acquired $ 3.5 M in construction debt financing, while initializing system conversion from a multi-software environment to integrated construction software application

> Delaware Art Museum sells some works from its collection to pay down $ 19.8 million in construction debt wsj > Art museum names first painting to be sold + Calder mobile could be 3rd artwork on sale delawareonline + 6.05.2014 > Delaware Art Museum announces first up to four works of art to be sold delart

That's because taxpayers must pay down the infrastructure's construction debt without any offsetting income.

A government construction debt guarantee scheme would be one innovative way to stimulate growth in the sector, as happens in the US and helps underpin new «multi-family» (BTR) development.

The operator's established track record was a major factor in securing the loan, which will be used to repay construction debt, according to Raburn.

As long as construction lending stays in check, and personal recourse and completion guarantees are required for all new construction debt, the industry does not need to worry about reaching saturation in the medium term.

We don't provide construction debt, but rather focus on acquisitions and recapitalizations.

Loan proceeds were used to replace construction debt on the property, which is managed by JAG Management Co..

It would give traditional school districts an extra $ 50 million in facilities funding by adding to an 18 - year - old pot of money set aside for school districts to pay off existing construction debt.

The financing includes $ 24.9 million in construction debt and $ 30.2 million in Low - Income Housing Tax Credit equity.

For example, the limited availability of construction debt is currently serving as a supply - constraint, even in markets that are not typically supply - constrained.

After the house is built, you will pay off the construction debt in the form of a traditional mortgage.

These loans are best suited to situations like land debts, construction debts, fix and flips, where the buyer has poor credit, or the buyer needs to move with speed.

The Delaware Art Museum has sold Andrew Wyeth's Arthur Cleveland and Winslow Homer's Milking Time in an effort to replace funds lost to construction debt.

WILMINGTON — The Delaware Art Museum has sold two more paintings — Andrew Wyeth's Arthur Cleveland and Winslow Homer's Milking Time — to retire its construction debt and replenish its cash, museum officials announced late Monday.

The remaining capital costs and construction debt the company was supposed to collect could not be recovered in a deregulated market where prices were set by power plants that had already paid off their mortgages.

When construction is finished, you get a mortgage to pay off the construction debt.

The financing was secured from two lenders with one placing $ 35 million in construction debt and the other providing $ 17 million in mezzanine construction debt financing, according to Davies.

The properties were saddled with about $ 330 million in construction debt, which was wiped clean by the bankruptcy.

On behalf of a new client, Heidi Brunet of Berkadia arranged a $ 19.5 million, seven - year loan to pay off existing construction debt.

J.P. Morgan led the origination of the construction debt, com - prised of a $ 1.195 - billion senior loan and $ 475 million in mezzanine funds from AllianceBernstein.