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More stories about Construction

  • Affordable Housing Debt Outlook for 2011

    Access to debt and equity for affordable housing developments improved a little bit more each month this year.

  • Affordable Housing's Bottleneck is Lack of Construction Debt

    While the market for low-income housing tax credits remains depressed, some big buyers are starting to re-engage the market.

  • CPC, IBM Team Up on Construction Financing Software

    The Community Preservation Corp. (CPC), a nonprofit affordable housing lender for the New York City area, is finally getting rid of its spreadsheets.

  • End of an Era? Sec. 202’s Fate is Uncertain

    The future of HUD’s Sec. 202 initiative is in doubt, as the 61-year old program suffers budget cuts and a proposed moratorium on new construction.

  • Corus Bank's $4.5 Billion Loan PortfolioSold

    A consortium managed by Starwood Capital Group has acquired a 40 percent stake in a limited liability company that will hold an estimated $4.5 billion in troubled construction loans and real estate-owned assets the federal government seized in September from Chicagobased Corus Bank.

  • Installing Housed Treads and Risers

    Shims and adhesive lock the parts together into a squeak-free unit.

  • In the News

    Boulder, Colo., builders get a tax reprieve; jury rejects first FEMA trailer lawsuit; an update on the New London, Conn., eminent domain case; more

  • Keep Your Eyes Peeled

    As the banking industry continues to struggle through the recession, access to construction capital isn’t getting any easier.

  • News

    THE FIVE-STORY North Tract Lofts apartment complex in Arlington, Va., was originally designed as a concrete project, but the developer asked its contractor, Clark Builders Group, to reengineer the building to Type III wood construction.

  • Second Coming

    RICHARD BOALES HAD bought multifamily projects from other developers before, but never one that was halfway through construction.