Sentences with phrase «financing new office developments»

Construction and absorption tend to be closely linked with each other at this point in the recovery because of the challenges of financing new office developments: most projects still need a significant amount of pre-leasing before lenders will commit.

Not exact matches

• Marian Zucker, President, Office of Finance and Development for New York State Homes and Community Renewal
The developer's purchase of those development rights will, in turn, help finance the long - sought conversion of the post office into a train hall for Amtrak, New Jersey Transit, and Long Island Rail Road.
DiNAPOLI: ACTIONS OF RAMAPO TOWN OFFICIALS HIGHLIGHT NEED FOR LDC REFORM Press Release from NYS Comptroller's Office Ramapo town officials took a risky approach to financing a minor league stadium through the Ramapo Local Development Corporation (RLDC), according to an audit released Wednesday by New York State Comptroller Thomas P. DiNapoli.
State Representatives: Senator Terrence Murphy; Assemblywoman Sandy Galef; and several state agencies, including the Office of the Governor; Education Representatives; Department of Public Service; Department of Environmental Conservation; Department of Labor; Department of Tax and Finance; Empire State Development; New York State Energy Research & Development Authority; Department of State; New York State Division of Homeland Security & Emergency Services; and the New York Power Authority.
Covington & Burling will open a new office in South Africa, to be led by Ben Donovan, a project finance partner with experience in representing a wide range of infrastructure clients, including oil and gas companies, government and parastatal entities, independent power producers, investment funds, and lenders in, and to, the development, acquisition, financing, restructuring, and divestiture of energy and infrastructure projects worldwide.
We are especially pleased as both were landmark developments for the industry with our New York operation being the first US office for a European litigation funder and our Oslo business being the very first litigation finance company on the ground in Scandinavia.
The new office will be managed by Sanjoy Jay Bose, a Heenan Paris partner, who specializes in international project development and finance and public - private partnerships.
Originally from Lugano, Switzerland, Anja earned a degree through the UBS banking and finance program.Subsequently, she became a Financial Consultant in Private Banking at the Lugano office of UBS.Anja later accepted a Sales Manager position with LMX SA, a petro - chemical company, where her responsibilities included new client development and contract negotiations.
The loan provides construction take - out financing for Clarendon Center, a new 402,000 - square - foot mixed use development located in Arlington, Va. that includes retail, office and luxury rentals in the Washington, D.C. metro area.
Given high vacancy rates and lenders that are still skittish about committing relatively large amounts for construction and development financing, it is hard to justify breaking ground on new office projects, Reis said.
Our Dallas regional office sourced $ 105 million in financing for the construction of Elan City Lights, a new multifamily development in Dallas.
Prior to joining The Staubach Company, Jay was a Vice President at Gale & Wentworth, where he helped direct the acquisition, financing and planning of premier office and industrial real estate development projects in the Northern New Jersey marketplace.
New data, however, shows the financing costs for some green office - property developments are not significantly greater than for non-green construction projects.
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