72,000‑sq‑ft fieldhouse set to begin site work west of Wolf Pack Park
West of Wolf Pack Park (university campus), August 21, 2025 News Summary Final financing closed and a groundbreaking ceremony marked the start of site work for a new 72,000‑square‑foot fieldhouse west of Wolf Pack Park. Ceremonial bulldozers, students, athletes and campus leaders attended as organizers said fences will be installed and dirt‑moving will begin shortly. The […]
Apex Money Lending Group Expands Commercial Loan Offerings in Colorado
, August 21, 2025 News Summary Apex Money Lending Group has broadened its commercial real estate lending program in Colorado to support purchases, renovations, development and business acquisitions. The program offers loans starting at $100,000, interest rates from 12%, financing up to 65% LTV and the potential for funding in as few as 10 business days. […]
JLL Secures $28.5M Construction Loan for The Lofts in Downtown Santa Monica
Santa Monica, Calif., August 20, 2025 News Summary JLL Capital Markets arranged a $28.5 million construction loan on behalf of Vernon Group to convert the existing building at 201 Town Center East into The Lofts, a 104-unit Class A multifamily project in downtown Santa Monica. Units will range from 600 to 1,200 sq ft and be […]
Minden Board Reviews Plan for New Elementary Building
Minden, August 20, 2025 News Summary The Minden school board reviewed a proposal to build a new elementary wing attached to the middle school, prompted by an aging elementary facility and limited expansion options. BD Construction provided an early high-end cost estimate of $26.6 million, and a financial advisor outlined five financing approaches, including full bond […]
RBI Private Lending Corrects Release, Clarifies Top Construction Lender Ranking
Florida, August 20, 2025 News Summary RBI Private Lending issued a correction clarifying its placement in a national private lending ranking: third in construction lending, eighth in fix-and-flip lending, and thirteenth overall. The amendment fixed a sentence that had previously swapped two category placements and did not affect other release content. Separately, an analytics provider ranked […]
Construction Underway for 14 For‑Sale Townhomes in South Lake Tahoe
, August 20, 2025 News Summary Construction has started on a 14‑unit for‑sale townhome development at 3708 Lake Tahoe Blvd. and 3709 Osgood Ave. in South Lake Tahoe after securing an approximately $11.7 million, 18‑month construction loan arranged by a commercial mortgage banking firm. The project occupies two parcels totaling 0.72 acres and fronts Lake Tahoe […]
Strong Rental Demand Keeps Used Construction Equipment in Fleets; Ann Arbor Faces Rent Pressure and New Green Rule
Ann Arbor, Michigan, August 19, 2025 News Summary Strong summer demand is shifting medium- and heavy-duty used construction equipment into rental fleets rather than dealer sales floors, prompting dealers to expand inventories and lenders to increase financing activity for projects of all sizes. Market values stayed largely stable in July, though dealers worry about a potential […]
Paramount tower secures $340M construction loan in Nashville
Nashville, Tennessee, August 19, 2025 News Summary A Nashville developer closed a $340 million construction loan to advance Paramount, a planned 750-foot, 60-story mixed-use tower at 1010 Church St. Excavation and foundation work are already under way, with full-scale construction slated to begin later in the year. The project will deliver 360 for-rent apartments and 140 […]
PMG Secures $107.5M Loan for Waldorf Astoria Residences in Cherry Creek
Cherry Creek North, Denver, Colorado, August 19, 2025 News Summary A national developer closed a $107.5 million construction loan from Maxim Capital Group to build 37 branded luxury residences in Cherry Creek North under the Waldorf Astoria banner — the first in Colorado. The boutique building will feature high-end finishes, mountain and downtown views, semi-private elevators […]
Wilton Center Lofts Approved with 50% Affordable Units
Wilton, Connecticut, August 18, 2025 News Summary Wilton Center Lofts, a four-story apartment project at 12 Godfrey Place in Wilton, Connecticut, received approval as a 40-unit building with 50% of units designated below-market-rate. The approval followed a contentious planning commission review that raised concerns about limited on-site parking, loading zone layouts and emergency access, but legal […]