FERC Reissues Final Order for Texas LNG as Project Gains Momentum
Port of Brownsville, Texas, September 6, 2025 News Summary The Federal Energy Regulatory Commission reissued the Final Order authorizing construction and operation of the Texas LNG export facility at the Port of Brownsville, clearing a major regulatory hurdle and accelerating the developer’s path to a targeted final investment decision before year‑end. The reauthorization follows a supplemental […]
T2 Hospitality acquires Washington Marriott at Metro Center for about $128M
Washington, D.C., September 6, 2025 News Summary Newport Beach-based T2 Hospitality has purchased the Washington Marriott at Metro Center in downtown Washington, D.C., in a deal reported at roughly $127.99 million (recorded about $128 million). The full-service hotel, listed with 454–459 keys, works out to roughly $281,916 per key and offers about 13,000 square feet of […]
Construction loan approved for 345‑unit Hoboken Urby at 256 Observer Highway
256 Observer Highway, Hoboken, NJ, September 6, 2025 News Summary A $162 million senior construction loan has been approved to finance Hoboken Urby, a 16‑story, 418,332‑square‑foot Class A mixed‑use building at 256 Observer Highway. The project will deliver 345 apartments — 307 market‑rate and 38 affordable — with roughly 17,000–17,425 sq ft of street‑level retail, a […]
Easy Street Capital raises construction loan leverage for experienced builders
Austin, Texas, September 5, 2025 News Summary Easy Street Capital, an Austin-based private lender, has increased leverage on its EasyBuild construction product to offer up to 90% Loan-to-Cost (LTC) and 75% Loan-to-Value (LTV) for borrowers who have completed at least three construction projects. The change raises previous caps of 85% LTC and 70% LTV and aims […]
Concord Summit Arranges $16.5M C-PACE Loan for 105‑Room Marriott Tribute in Santa Barbara
Santa Barbara, CA, September 5, 2025 News Summary Concord Summit Capital arranged a $16.5 million C-PACE construction loan to fund a new 105-room Marriott Tribute Hotel in Santa Barbara’s East Beach/Funk Zone. Sourced for borrower Stratus Development Partners, the financing helped lower the project’s blended cost of capital and attracted specialized lenders due to the seaside […]
Manufactured housing expands amid lender support and investor risks
United States, September 5, 2025 News Summary Manufactured housing is emerging as a lower-cost, faster-built alternative for buyers priced out of traditional homes. Improved lending channels, including USDA and government-sponsored programs, plus rising factory output, have expanded access to modern manufactured homes that often include site-built features at far lower cost per square foot. At the […]
RIPCO Arranges $23.15M Construction Loan for 37-20 Crescent St. Mixed‑Use Project
Dutch Kills, Long Island City, Queens, September 4, 2025 News Summary A $23.15 million first mortgage construction loan from Bridge City Funding has been secured to finance a new six-story mixed-use building at 37-20 Crescent St. in Dutch Kills, Long Island City. RIPCO Real Estate’s capital advisory team arranged the financing for developers ZD Jasper Realty […]
DCHFA backs 67‑unit Wagner Senior Residences in Skyland
Skyland, Washington, D.C. (Ward 8), September 4, 2025 News Summary The District of Columbia Housing Finance Agency has provided major financing to enable construction of Wagner Senior Residences, a five‑story, 67‑unit affordable senior housing building at 2419 25th Street SE in Skyland. The financing package includes $22.6 million in tax‑exempt bonds, Federal and D.C. LIHTC equity, […]
Private lender raises construction loan limits to boost housing supply
United States, September 4, 2025 News Summary A nationwide private lender has increased leverage in its EasyBuild and Residential Transition Loan (RTL) programs to accelerate construction amid a national housing shortfall. EasyBuild maximums now rise to 90% loan‑to‑cost and 75% loan‑to‑value for qualified borrowers with at least three completed projects. RTL per‑unit limits jump to more […]
TIFF at 50: Year-round cinema still carrying construction debt amid sponsorship and programming pressures
Toronto, September 4, 2025 News Summary The city’s flagship film festival marked its 50th edition while juggling celebration and strain. Attendance surged with an estimated 700,000 taking part in festival activity, and the organisation moved from a prior deficit to a $3.1-million surplus after cost-cutting and revenue efforts. Corporate sponsorship fell about 16% year over year. […]