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Subbies left unpaid by developer Empire Property Concepts

Construction Enquirer

An update from administrator Opus Restructuring Llp has revealed the scale of debts left by the failure of the firm in April. Empire Property Concepts Ltd changed its name to MCIOD Limited days before Metro Bank called in the administrators.

Banking 100
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How Just-in-Time Land Deals Help Manage Cash Flow

Pro Builder

Also, owning land usually requires the builder to utilize debt capital, which reduces operating cash and can constrain a builder’s ability to invest in new communities in desired markets, all while increasing risks to investors. . Reducing Land Risk.

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Are There Lessons From the Great Recession for the COVID-19 Pandemic?

Pro Builder

Unlike the previous global recession caused by loose credit, inflated appraisals, and subprime mortgages to unqualified buyers, the fundamentals for housing since have been solid, as banks tightened lending practices and builders collectively seemed less extended. Benach also has a willingness to adjust, even when times are good. Builders.

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Commercial Real Estate To See Moderate Growth In 2016

Buisness Facilities Contributed Content

There are risks, including the potential for a debt crisis in emerging markets, the further depreciation of the yuan, and continued volatility in global equity markets. percent thanks to a combination of increased consumer spending, pent-up demand for commercial space and anticipated further monetary easing by the European Central Bank.

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SPECIAL REPORT: Steadfast And Strong In The Wake Of Superstorm Sandy

Buisness Facilities Contributed Content

The ads will continue to run throughout the year in top metro areas based on alignment with New Jersey’s target industry sectors. Superstorm Sandy was the worst storm to hit New York State and our region in recorded history, and its impact devastated homes and businesses across Long Island and the metro area,” says Gov.

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STATE FOCUS: Florida – Let The Sun Shine

Buisness Facilities Contributed Content

According to the Florida & Metro Forecast 2013–2016 , published in April by the Institute for Economic Competitiveness (College of Business Administration, University of Central Florida), Florida’s economic future also looks bright. Deutsche Bank. (Photo: Greater Fort Lauderdale Alliance.). By Dominique Cantelme. percent in 2016.

Florida 74
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Builder of the Year Ivory Homes' Innovation Agenda

Pro Builder

If those trends continued, Clark reckoned housing affordability in the Salt Lake metro area would follow the same path as California’s Silicon Valley, potentially creating an estimated shortage of 50,845 housing units in the Salt Lake market by 2044, according to a 2018 study by the University of Utah’s Kem C.