Business & Finance

Beitel Group Secures $305 Million Loan for New Development

News Summary The Beitel Group has obtained a $305 million construction loan from SCALE Lending to develop a mixed-use project…

2 months ago

Taylor Morrison Secures $3 Billion Financing for Yardly Expansion

News Summary Taylor Morrison has secured a $3 billion financing deal with Kennedy Lewis Investment Management, aimed at advancing its…

2 months ago

First BanCorp Reports Strong Financial Performance

News Summary First BanCorp has announced a remarkable net income of $298.7 million for the year, showcasing substantial growth in…

2 months ago

Paducah City Commission Advances Southside Revitalization

News Summary The Paducah City Commission is advancing a revitalization plan for the Southside area, introducing financial incentives and plans…

2 months ago

Multifamily Housing Developments Face Major Challenges

News Summary The multifamily housing market is experiencing significant difficulties, with completions for apartments down nearly 40% year-over-year. While construction…

2 months ago

Sol Systems Secures $675 Million for Solar Projects

News Summary Sol Systems, a leading U.S. clean energy developer, has secured a $675 million revolving construction finance facility to…

2 months ago

First BanCorp. Reports Strong Q2 Earnings

News Summary First BanCorp. has announced impressive financial results for the second quarter, with a net income of $80.2 million…

2 months ago

Sol Systems Secures $675 Million Financing for Solar Expansion

News Summary Sol Systems has secured $675 million in financing to support the expansion of solar and storage projects across…

2 months ago

Builder Tracie J. Kelley Accused of Fraud in Home Projects

News Summary Tracie J. Kelley, owner of KellCo Custom Homes in Little Rock, is facing multiple lawsuits from couples alleging…

2 months ago

Construction Funded for Joyce Kilmer Logistics Center in New Brunswick, NJ

News Summary The Joyce Kilmer Logistics Center in New Brunswick, NJ, has secured $33 million in construction financing. This development…

2 months ago