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AFI appoints new finance chief

Construction Enquirer

Robert’s role on the holding company board will see him take overarching responsibility for the Group’s Finance, IT, HR, Property and ESG strategies, and lead its team of experienced directors including Richard Orme, who was promoted to Finance Director of AFI’s UK and Middle East operations in October last year.

Finance 61
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Navigating Commercial Building Loan Landscape for Small Business

Wolgast Corporation

We checked in with Steve Canole, Senior Vice President of 1 st State Bank, to find out the current commercial financing climate and if there are any changes, insight, or guidance our business owner clients should know to secure financing to fuel their growth. Over the last 18 months, lending is back to financing 75% or lower.

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Phases of Commercial Real Estate Development

Construction Marketing

After acquiring the property, the developer must design and plan the project, considering factors such as building codes and zoning regulations, the intended use of the property, and the target market. You must secure financing for the project. This includes creating a detailed project schedule, budget, and phasing plan.

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Building Material Demand Expected to Dip In 2023 as Remodelers Catch Up With Backlogs

Pro Builder

In the meantime, remodeling projects are stabilizing in size and scope, but overall demand in the remodeling sector remains historically high, especially as a large share of homes enter prime remodel years and homeowners with all-time high levels of home equity decide to upgrade their existing homes rather than buying new.

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Contractors May Benefit by Taking Equity in the Project They are Constructing

Construction and Infrastructure Law

Contractors may benefit in making a small equity investment in the projects they construct. In the past, it was not unusual for construction companies to make small equity investments in the projects they worked on. For example, a construction company building a power plant would take a 5% equity interest in the project.

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What You Should Know Before Taking a Construction Loan

Construction Marketing

A construction loan is high-interest, short-term financing that you can use to custom-build your home. It covers land acquisition costs, building materials, construction permits, labor, contingency and interest reserves, closing costs, and plans. Discussed below are the things you should know before taking out a construction loan.

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Construction Excluded From New OSHA Standard

Pro Builder

Reasons for Economic Recovery, and How Builders Can Plan for It. Aggregate owners’ equity—the difference between the market value of all owner-occupied real estate and the aggregate value of home mortgages—increased in Q1 2021 to $22.7 NAHB’s Response to COVID-19, Supporting Builders. Top Priority: Keeping Workers Safe. Regulations.

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