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Navigating Commercial Building Loan Landscape for Small Business

Wolgast Corporation

Navigating Commercial Building Loan Landscape for Small Business One of the essential components of business growth and sustainability is securing necessary financial resources. For owner-occupied buildings, banks seem to be still willing to finance in the 80% range, this can fluctuate depending on other credit variables,” Steve explained.

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Green Buildings are Subsidizing Conventional Buildings Stymying Climate Progress

Green Building Law Update

That improved balance sheet for green buildings translates directly into green buildings having over 30% fewer commercial mortgage backed securities defaults. There is no underwriting justification for lenders charging the same interest rates on mortgages secured by green buildings. Today there is a nascent (.

Green 293
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Multiplex pips Mace to £500m BBC TV Centre phase 2

Construction Enquirer

Multiplex secured the project following a break-through £120m deal with Stanhope last summer to redevelop the IBM building on London’s South Bank. Multiplex will act as construction manager on the £200m-plus job to deliver 345 flats in two blocks.

Banking 92
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Construction Law: December 2023

Construction Law

Thomas King of Pinsent Masons LLP analyses recent case law with implications for the process of sampling and extrapolation which allows cost effective ways of dealing with complex claims. Costs Security for costs: a lottery or an established well-honed process? Claims Building a case by extrapolation – should failure be the default?

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Housing’s Great Rethink: Workforce Development Takes Center Stage

Pro Builder

The construction industry is also dealing with what has been a 25-year erosion of vocational training and in-school programs, as well as some bitter critics from within its own ranks who effectively shrink the pool of (mostly younger) workers by dissuading them from considering construction jobs as an avenue to job security and fulfillment.

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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.

Finance 120
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Turbocharging Motown’s Recovery

Buisness Facilities Contributed Content

According to reports, JPMorgan Chase, the nation’s largest bank, will provide $100 million to help Detroit with housing repairs, blight removal, job training and economic development projects over the next five years. The bank will direct half of the $100 million in loans and grants to community projects.

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