Citi Bank provided the construction financing while the California Community Reinvestment Corp.
provided the permanent financing.
The second loan in 2008
provided permanent financing, but has been replaced by the current loan at a much better interest rate.
CPC also
provided permanent financing through the NY State Pension Fund, of which $ 2,750,000 will be insured by SONYMA.
«Centerline completed the most recent refinance using the FHA 223 (f) program under the Three Year Waiver Rule to
provide permanent financing at an attractive fixed rate,» explained Jim Gillespie, managing director at Centerline Capital Group.
Not exact matches
Vaco
provides expert executive search, consulting,
permanent placement, managed services and strategic staffing solutions for companies around the world, in the areas of accounting,
finance, technology, healthcare, operations and more.
«Versa Media Capital intends to become the go - to source of capital and expertise for independent film and TV content creators, and will
provide the elements needed to put projects on the solid footing required to complete a
permanent financing package,» said Geoffray in a statement.
The Community Preservation Corporation is
providing $ 10 million in
permanent financing through its funding agreement with the New York City Retirement System (NYCRS).
HDC
provided $ 25 million in tax - exempt bonds toward construction
financing and $ 5.4 million in tax - exempt bonds in
permanent financing.
HDC also
provided $ 8.2 million in subsidy from its corporate reserves toward
permanent financing.
HCR
provided Low - Income Housing Tax Credits which resulted in tax credit equity in the amount of $ 8.3 million toward
permanent financing.
Additionally in
permanent financing, HCR
provided a $ 2 million loan from the Housing Trust Fund's Homes for Working Families program.
The
financing provided by HCR will keep the development affordable and sustainable for the future, while creating 175 construction jobs and preserving seven
permanent jobs.
HIs contributions to our neighborhood have included «securing
financing through the State's Secured Hospital Revenue Bond Program so that Flushing Hospital Medical Center and Jamaica Hospital and Medical Center could modernize and expand;
providing the Lifeline Center for Child Development with a
permanent home; securing the financial support that has enabled the Bayside Historical Society to undertake its restoration of the Fort Totten Officers Club; creating the Colonial Farmhouse Restoration Society to operate the former Adriance Farm Site as the Queens Farm Museum and transferring 52 acres of surrounding land to New York City for
permanent use as horticultural - agricultural parklands; and
providing land for the Cross Island YMCA to expand, for the Hollis - Bellaire - Queens Village - Bellerose Little League to own their ball fields and for Catholic Charities of the Brooklyn - Queens Diocese to develop senior citizen housing in Bellerose.
It will
provide an estimated additional $ 3 billion in capacity to the
Permanent School Fund (PSF) to guarantee the
financing of public charter schools.
Although the Credit Programs
provide long - term
financing, the DOT does not intend that TIFIA or RRIF direct loans become part of a project's
permanent capital structure where a strong revenue stream and vigorous project economics permit prepayment or substitution of the DOT credit instrument.
Bridge loans are short term loans
provided until a borrower can obtain
permanent financing.
America First Multifamily Investors (ATAX, yield 9.30 %) from Forbes / Lehmann Income Securities Investor America First Multifamily Investors, L.P. (ATAX) was formed for the primary purpose of acquiring a portfolio of federally tax - exempt mortgage revenue bonds that are issued to
provide construction and / or
permanent financing of residential... Read More
To restore economic prosperity in today's crony capitalist and stagnant economy, we need to
provide direct transfers to individuals via money -
financed stimulus while simultaneously hiking rates to stop the
permanent bailout of incumbent banks and firms.
A bridge loan is a short term loan
provided until the borrower can secure
permanent financing.
Most mortgage
financing plans
provide only
permanent financing.
- to
provide refuge for homeless animals and animals in need and coordinate their placement in
permanent and safe home environments; - to
provide education through publications, seminars, and discussions to the general public on animal health and welfare, behavior and care including the benefits of spaying and neutering; - to
provide information and referrals to affordable and low cost medical care including spay & neuter clinics and other animal medical and care facilities; - to
provide information on training, behavior modification and general handling instruction along with referrals to vetted and certified professionals in these areas; - to liaise and network with other animal rescue organizations as part of a mutual effort to aid animals in distress; - to solicit donations and funding from government agencies, corporations, private foundations, public charities, individuals and the general public at large to
finance the medical, housing and other incidental costs of homeless animals while in the custody of the organization; - to organize and participate in fundraisers to benefit furtherance of the overall main purpose and goals of the organization; - to have the normal functions, operations, programs and pursuits incidental to a fully recognized and operational nonprofit animal rescue organization.
And because we have our own
permanent capital readily available, we are able to
provide clients and firms with the
financing they need — when they need it.
The Tri-Party Agreement must
provide that the borrower will not seek other
financing or otherwise frustrate the closing of the
permanent loan.
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A bridge loan is a short - term
financing solution offered by select lenders that
provide funds when
permanent loans can not be approved.
The construction of the Long Beach Senior Arts Colony was completed through multiple avenues of public partnership with the City of Long Beach and the State of California both of whom
provided construction and
permanent financing to the project.
Capital One
provided $ 13 million in Low Income Housing Tax Credit equity through Enterprise Community Investment, Inc.; $ 600,000 in
permanent financing; and an $ 8.4 million loan during construction.
Sovereign Bank of Boston
provided $ 65 million in
permanent financing.
For the Premier transactions, although the owner originally sought
permanent acquisition
financing, when it became apparent that such
financing would not be available in the required timeframe, Red Capital Partners bridged the timing gap and
provided acquisition capital while the
permanent solution was being secured.
Chicago - based Heller Financial has
provided $ 9.3 million in
permanent, fixed - rate
financing to Lubbock, Texas - based GRACO Real Estate Development for Eagleridge Shopping Center in Pueblo, Colo..
New York Life Insurance Co., New York,
provided $ 35 million in
permanent financing to Coconut Grove, Fla. - based Dadeland Station Associates for Dadeland Station in Miami.
We
provide short - term Apartment Building Fix & Flip Loan programs, as well as long - term
permanent Apartment Building Buy & Hold
Financing.
Services
Provided: Commercial property lending to include: Interim,
Permanent, Construction, Asset / Portfolios, Notes / Mortgage purchases and
financing.
The Tax Exempt Bonds
Financing and Portfolio Preservation Program is designed to provide construction and / or permanent debt financing through the sale of tax exempt or taxable bonds and equity financing through the use of the Low Income Housing Ta
Financing and Portfolio Preservation Program is designed to
provide construction and / or
permanent debt
financing through the sale of tax exempt or taxable bonds and equity financing through the use of the Low Income Housing Ta
financing through the sale of tax exempt or taxable bonds and equity
financing through the use of the Low Income Housing Ta
financing through the use of the Low Income Housing Tax Credit.
* Stamford, Conn. - based GE Capital has
provided $ 10.5 million in
permanent, fixed - rate
financing to Dallas - based SC Cos..
* New York - based Lehman Brothers Holdings Inc.
provided $ 15.9 million in fixed - rate,
permanent financing to New York - based Rodin Partners L.P. for Rodin Place in Philadelphia.
Realistar also
provided $ 5.8 million in
permanent financing to Harbor City - based CRE DI, El Cajon, LLC for a two - tenant retail property in El Cajon, Calif..
The Northland / Lehman Commercial Mortgage
Finance Program, a joint venture between Minneapolis - based Northland Financial Co. and New York - based Lehman Brothers, has
provided $ 6.6 million
permanent financing for Gateway Plaza in Aurora, Colo..
* Charlotte, N.C. - based Nationsbanc Mortgage Capital has
provided $ 20 million in
permanent financing to Henderson, N.C. - based Barnett Properties Inc. for three shopping centers: Salisbury Mall (291,175 sq. ft.) in Salisbury, N.C.; Berne Square (178,292 sq. ft.) in New Bern, N.C.; and Satilla Square (117,212 sq. ft.) in Waycross, Ga..
San Francisco - based Lincoln Investment Management Inc., an affiliate of The Lincoln National Life Insurance Co., Fort Wayne, Ind., has
provided $ 10 million in
permanent, fixed - rate
financing to Fountain Valley, Calif. - based Kato & Associates for Balboa Mission Center in Granada Hills, Calif..
Normura also agreed to
provide permanent, separate long - term
financing of up to $ 1 billion.
Indianapolis - based Indianapolis Life has
provided $ 3.5 million
permanent financing to Atlanta - based Abrams Properties for Merchant's Crossing in Jackson, Mich..
Los Angeles - based Westmark Realty Mortgage Fund III Citimae
provided $ 7 million in
permanent, fixed - rate
financing to Campbell Plaza in Middletown, N.Y..