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Steady Optimism Among U.S. Commercial Real Estate Executives, Increased Investor Appetite

Buisness Facilities Contributed Content

Capital availability from a wide range of equity sources also is expected to improve in 2014, with increased activity by institutional forces. A count of 203 interviews were completed in conjunction with the 2014 Akerman Summit. Interviews took place between January 20 – February 7, 2014. Increased Confidence And Capital Flows.

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HUD Jumpstarts PACE Financing for Homes

Green Building Law Update

The concept is not new, but nationally, residential PACE programs generally have been put on hold or foregone as a result of concerns of HUD and the Federal Home Loan Banks, that issued a directive in February 2011 to refrain from purchasing mortgage loans secured by properties with outstanding first lien PACE obligations.

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PACE Programs are Stepping Up the Pace

Green Building Law Update

Maryland is more typical with a state enabling law passed in 2014, with SB 186 , and local laws on the books in Montgomery County and Anne Arundel County, with at least one lender, Greenworks Lending , on board, but no PACE loans actually made yet.

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PACE Bill Due in Baltimore City

Green Building Law Update

While Sonoma County was an early innovator, Connecticut has a widely admired statewide green bank program that is up and running and it is the model for Maryland. Baltimore is proposing to allow the PACE financing of any equipment, device or material intended to improve energy efficiency, including in new construction (e.g.,

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All the Way Back

Buisness Facilities Contributed Content

Then came the unforgettably scary fiscal storm that arrived with a thunderclap in September 2008, when a conclave of CEOs from the some of the largest banks in the world and Tim Geithner (then head of the Federal Reserve of NY) were summoned by U.S. The following morning, when U.S. 2009 with current levels as of April. percent (from 12.6

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STATE FOCUS: Florida – Let The Sun Shine

Buisness Facilities Contributed Content

percent in 2014, 2.8 Rick Scott signed a bill into law that will eliminate sales tax on the purchase of manufacturing equipment starting April 30, 2014. percent in 2014 and 4.1 Deutsche Bank. A newly signed law will create a sales tax exemption for manufacturers purchasing machinery and equipment beginning in April 2014.

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North Dakota Incentives and Workforce Development Guide

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Loans are made by the Bank of North Dakota and are guaranteed by the Export-Import Bank of the United States utilizing their medium-term credits program. The Bank of North Dakota (BND) provides some of the lowest interest rates in the nation through this program. Community financial institutions may participate in the loans.