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News Stories (4 Results) - construction lending

Mirate Equity has reached a significant milestone with the successful conclusion of a $74 million construction deal, consolidating its position as a premier lender in California.This landmark transaction, meticulously executed by Mirate Equity LLC's... Read Story
December 18, 2023, 06:00 AM


A reliance on spread revenue and narrow business models can present a credit challenge for banks concentrated in commercial real estate (CRE) lending relative to more diversified regional banking peers, Fitch Ratings says. Interest rate risk from... Read Story
June 11, 2018, 07:18 AM


North Avenue Capital (NAC), a specialized commercial lender, has announced the recent closing of over $11.5 million in USDA Rural Development Business & Industry loans to three rural businesses. Having secured this strategic debt financing, the... Read Story
November 21, 2017, 07:15 AM


SunTrust Banks, Inc. (NYSE: STI) announced that it has closed $600 million in financing for the Texas Rangers to fund the team’s share of construction costs for their new ballpark. The stadium, to be named Globe Life Field and built in a... Read Story
September 14, 2017, 07:50 AM