Sentences with phrase «construction loan involving»

NEW YORK — Hudson Realty Capital has funded a $ 6 million construction loan involving a vacant industrial loft building in Brooklyn's Williamsburg neighborhood.

New construction loans involve lots of red tape and numerous complications can develop.

Not exact matches

One of those gambles involves DOE's award of a $ 535 million loan guarantee to Solyndra Inc. in 2009 to help finance construction of a new plant in Fremont, Calif., to produce the company's cylindrical solar modules that employ thin - film chemical layers to generate electricity.

Our experienced Residential Services team offers superior Escrow and Closing services, whether the transaction involves a single - family home, condo, refinance, or construction loan.

Philip has been with MCAP Financial Corporation for more than 20 years, primarily involved in managing the funding and servicing of both commercial mortgages and construction loans.

It was used recently by Barclays, which received 100 % discount on its fine for cartel behaviour relating to the pricing of loan products for professional services firms, and by a number of construction companies involved in a major bid - rigging case who received reduced fines for their co-operation.

Aside from construction, Josh has extensive experience handling matters involving distressed commercial and residential assets on behalf of mortgage loan originators, servicers, investors and court - appointed receivers.

advisory services project structuring (domestic and international transactions) financing and negotiations project documentation asset based financing transactions involving storage terminals, aircrafts, ships and real estate, cement plants, power plants complex financing transactions construction contracts bridge loan arrangement power projects road projects

Significant matters / transactions include: Advised Xstrata South Africa (Proprietary) Limited on its offer to purchase Lonmin plc's entire issued share capital, # 5 billion Advised Telkom SA Limited on its unbundling of a 35 % stake in Vodacom Group (Proprietary) Limited, R35 billion Advised Edgars Consolidated Stores Limited on its acquisition by Bain Capital, R25, 5 billion Advised The Standard Bank of South Africa Limited and FirstRand Bank Limited (acting through its Rand Merchant Bank division) on the introduction of BEE equity participation in Sasol Limited and their arranging financing therefore, R25, 4 billion Advised FirstRand Bank Limited (acting through its Rand Merchant Bank division) and Nedbank Limited (acting through its Nedbank Capital division) as lenders to Richards Bay Titanium (Proprietary) Limited and Richards Bay Mining (Proprietary) Limited, R19 billion Advised Citibank N.A. on a bridge loan granted to Turquoise Moon Trading 427 (Proprietary) Limited by Citibank N.A. and JP Morgan Chase, R10 billion Advised British American Tobacco plc on its secondary listing on the JSE, R550 billion Advised Pioneer Foods Limited on its listing on the JSE Securities Exchange, R6 billion Advised the South African National Roads Agency Limited in respect of the Gauteng Freeway Improvement Project involving the construction and upgrade of the Gauteng freeway and the procurement of an open road tolling system, R44 billion Advised Absa Bank Limited (acting though its Absa Capital division), FirstRand Bank Limited (acting through its Rand Merchant Bank division) and Vunani Capital (as co-lead arrangers) and the South Africa National Roads Agency Limited (as issuer) on the establishment of its South African Guaranteed Domestic Medium Term Note Programme and the subsequent issue of notes thereunder, R32 billion Advised Shoprite Checkers (Proprietary) Limited on the proposed Brait Private Equity private equity buy - out (this did not proceed), R12 billion Advised Reclamation Holdings (Proprietary) Limited and various shareholders on the acquisition by Capitalworks Private Equity SP GP (Proprietary) Limited and Old Mutual Life Assurance Company South Africa Limited of a 20 % equity stake in Reclamation Holdings (Proprietary) Limited from various shareholders, R511 million Clients include: Multinationals, listed companies, financial institutions, entrepreneurs and Government

Represented national developer in a financing transaction involving a construction loan and institutional equity from a California based pension fund for the development and construction of a 328 unit apartment community in Tennessee.

Tri-Party Agreements We require an acceptable Tri-Party Agreement from the borrower and the construction or other interim lender for forward loan commitments (those to be closed more than 90 days after commitment, generally involving new construction or extensive renovation).

While our underwriting criteria for construction loans are flexible, with no minimum credit score requirements, borrowers can be sure of our faith in them because we won't fund a loan if our experience doesn't convince us that everyone involved in the deal will profit.

Many lenders loathe the manual processes traditionally involved in construction loan administration.

In recent years, Cronheim has successfully arranged structured deals involving bridge and construction loans, joint - ventures, preferred equity, and mezzanine debt.

Asset Based Lending's new construction loans are flexible, with no minimum credit score requirements, borrowers can be sure of our faith in them because we won't fund a hard money loan if our experience doesn't convince us that everyone involved in the deal will profit.

Our experienced Residential Services team offers superior ATTENDED Closing services, whether the transaction involves a single - family home, condo, refinance, or construction loan.

Section 1024.7 (f)(6) of Regulation X currently provides that in transactions involving new construction home purchases, where settlement is expected to occur more than 60 calendar days from the time a RESPA GFE is provided, the loan originator can not issue a revised RESPA GFE unless the loan originator provided the borrower with a clear and conspicuous disclosure stating that at any time up until 60 calendar days prior to the real estate closing, the loan originator may issue a revised RESPA GFE.