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Florida developer Glenn Straub is betting he can make a go of Atlantic City’s failed Revel Casino Hotel. But first, he’ll have to get the power turned on.
“It’s a beaut. Can you move it?” The owners of a brand new custom home in Hammock Dunes, Florida, got some bad news this year. Their new house should have been built on the lot next door.
When you develop empty land, sometimes you can end up with a lot of clout.
Big builders and developers are bowing out of the condo business in Denver, Colorado. Is it because of the out-of-control construction defect lawsuits?
Access to construction capital is starting to loosen up, but the process of structuring a construction loan and putting together a feasible capital stack has become trickier, according to panelists at AHF Live: The 2010 Affordable Housing Developers Summ
Developers will find tougher underwriting standards as well as a greater emphasis on project readiness when states reserve their low-income housing tax credits (LIHTCs) next year.
DETROIT Partners nonprofit Northwest Detroit Neighborhood Development, Inc.
Developers and owners have been hit hard over the last year with a struggling lowincome housing tax credit market and troubled fi- nancial markets.
BROOKLYN, N.Y. To keep hundreds of apartments at Spring Creek Gardens affordable, developers had to fight off a string of speculators who saw an opportunity to raise the rents.
Tax credit developers are turning to the Federal Housing Administration (FHA) as they get set to ramp up longdormant projects.
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