Stone & Youngberg Underwrites Landmark $145 Million Harbor Point Financing

Stone & Youngberg, a leading financial services firm, and Building & Land Technology, a Connecticut-based developer, today announced that they have completed a $145 million financing for the Harbor Point Project in Stamford, Connecticut, a pioneering smart growth project that has been awarded a LEED-ND Gold Certification by the U.S. Green Building Council. The project is nationally significant and will create thousands of jobs and generate... 

Golden Square and Golden Villas Open in Pompano Beach

Water front views, Energy-Star appliances, cultured marble vanities and ceramic tile floors are just a few of the amenities that allow the Housing Authority of Pompano Beach and Pinnacle Housing Group to redefine the notion of affordable housing. On September 17th, Golden Square and Golden Villas, located at 1415 N.W. 18th Drive, introduced the new face of quality affordable rental communities. A Grand Opening and ribbon-cutting ceremony celebrated... 

Building Contractors, Labor and Education Form Partnership to Build California Construction College in San Jose

A coalition of construction employers, labor and the San Jose/Evergreen Community College District has been working for four years to develop a solution to the construction industry’s need for more highly trained construction managers, project engineers, job estimators and supervisors to replace retiring Baby Boomers. The group, operating under the imprimatur of the Santa Clara County Construction Careers Association (S4CA), today announced the... 

MSHDA Offers Low-cost Loans for Home Improvements

Income eligible homeowners with no equity may borrow up to $25,000 from the Michigan State Housing Development Authority (MSHDA) to make energy-efficiency improvements to their home. With equity, homeowners can borrow up to $50,000. “Making simple improvements like increasing insulation or replacing an inefficient furnace or old windows can reduce your energy costs by up to 50 percent,” said MSHDA Executive Director Keith Molin. There... 

Centerline Supports Federal Government’s Conservatorship of Fannie Mae and Freddie Mac

Centerline Holding Company, the parent company of Centerline Capital Group, an alternative asset manager focused on real estate funds and financing, supports the federal government’s action placing Fannie Mae and Freddie Mac under conservatorship of the Federal Housing Finance Agency (FHFA), their regulator. In response to speculation regarding how government control of the enterprises might affect their multifamily housing finance activities during...