Due to the project being stalled for the last 5 years, the complexity of the financing structure and underwriting took 6 months to complete, but the development is now back on track and fully funded
Read MoreBoth South Florida firms underwrote the equity for the $10.25M acquisition back in August 2018 and today successfully refinanced out the investors and senior position, giving the sponsor more flexibility moving forward.
Read MoreAlmost one in every two real estate buyers in Frankfurt am Main had a non-German passport. The number of international buyers rose in Berlin and Düsseldorf as well. The German mortgage distributor Hüttig & Rompf reacted to the growing demand with an English-language landing page on real estate financing for foreign real estate buyers (www.huettig-rompf.de/en/online/construction-financing).
Read MoreMiami, Florida-based GenX Capital Partners, one of the premier boutique real estate investment banking firms in the U.S., structured a 90 percent LTC debt/mezzanine combination for their client, Hudson Holdings.
Read MoreMark McClure, managing partner of Miami based GenX Capital Partners, announced Tuesday they closed $9MM in JV equity for Millennia Companies $53MM acquisition and redevelopment of the 295 unit Statler Arms building in downtown Cleveland.
Blue Ray Financial announced today the official launch of a new company blog: Business Scope. The blog was launched to give small business owners and entrepreneurs guidance and access to relevant resources for running or starting their own business.
Read MoreOn March 31, 2012, the Connecticut Real Estate Investors Association (CT REIA) will be hosting a weekend real estate investing seminar with Lou Brown in North Haven, CT. Attendees will learn creative financing techniques for real estate investors.
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