What does it take to get funding for a residential project these days? A track record, lots of pre-sales, multiple lenders and 40 percent down. That’s the take-away from Michael Stoler’s piece in The ...
For homebuilders who depend on bank financing to acquire land, develop lots, and get homes vertical, the past three years have felt like watching the walls slowly close in. In fact, according to the ...
A construction loan provides short-term financing for building a new home or renovating an existing home you’re purchasing. Loan terms are usually 12 to 18 months, during which time you make ...
Phase Two of Sweetwater Springs will consist of 37 stacked townhomes. Image courtesy of Parkland Residential Parkland Residential has secured an $8 million construction loan from Piedmont Bank for the ...
Ascent Developer Solutions, a private mortgage lending platform, announced its launch Friday in conjunction with an equity infusion from Elliott Investment Management. Headquartered in Southern ...