article thumbnail

Increasing Home Values Lift 1 Million Homes from 'Underwater' Status

Pro Builder

There remain pockets of the country where housing debt-traps are widespread. The major metro areas with the highest share of underwater mortgages include Baton Rouge (which topped the list at 12.7%) and New Orleans in Louisiana, and Toledo and Youngstown in Ohio. Housing Policy + Finance. Read More. . Market Data + Trends.

Equity 52
article thumbnail

What is PACE Financing and Is It Doomed?

Construction Law Monitor

Started in the green revolution’s holy land, Berkley, California, PACE financing is shorthand for Property-Assessed Clean Energy Financing ( Wikipedia entry ). All was going very well for PACE Financing. The PACE Financing Programs has a lot to do with construction and construction law. And they may be right.

Finance 48
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Business Facilities’ 15th Annual Rankings: State Rankings Report

Business Facilities

The TNECD website summarizes Tennessee’s approach to business climate with this credo: “We believe in high expectations, low debt and a pro-business regulatory environment. Nevada and Alabama rounded out the top five in Economic Growth Potential, followed by Utah, Florida, Louisiana, Missouri and Mississippi. Louisiana, no.

article thumbnail

Contractors Are Renting Rather Than Buying More Equipment.

ENR Construction

ENR Texas & Louisiana. Equipment rentals allow contractors to shift downtime risk while trimming expenses, including licensing, insurance, taxes and debt, among others. Gulf Oil Spill. -->. Building Types. Construction Methods. Sustainability. Haiti Reconstruction. Economic Stimulus. -->. Safety & Health. Project Delivery.

article thumbnail

Margaret Whelan on How Capital Is Fueling Innovation

Pro Builder

After failing to secure capital with another advisor, he convinced Whelan to take him on as a client, and she brokered a $45-million deal with Louisiana-Pacific to buy half of the off-site construction manufacturer before it had recorded any revenue. One of those companies was fellow Ireland native Gerry McCaughey’s Entekra.

article thumbnail

Margaret Whelan on How Capital is Fueling Innovation

Pro Builder

After failing to secure capital with another advisor, he convinced Whelan to take him on as a client, and she brokered a $45-million deal with Louisiana-Pacific to buy half of the off-site construction manufacturer before it had recorded any revenue. One of those companies was fellow Ireland native Gerry McCaughey’s Entekra.

article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.

Income 108