One of the largest construction loans in recent years has been arranged for a 100-acre artificial intelligence (AI) data center in Utah. The Wall Street Journal reports JPMorgan Chase and Starwood Property Trust are lending $2 billion for the data center campus in...
Toronto-headquartered Equitable Bank is rolling out the Laneway House Mortgage, a construction loan designed to help Canadian homeowners finance the building of laneway homes or garden suites on their property. The new loan product will initially be available in the...
Alliant Credit Union, a Chicago-based institution with more than 800,000 members and more than $19 billion in assets, has expanded the mortgage product line-up for its membership. Alliant will now be providing three federal mortgages – FHA, VA and USDA – along with a...
New York City-based Haussmann Development announced it has closed on a $38.5 million construction loan for 827 Sterling Place in the Crown Heights section of Brooklyn. The $55 million, seven-story project will feature 76 rental housing units, including 23 affordable...
JLL’s (NYSE:JLL) Capital Markets arranged a $750 million construction loan for the first phase of the Enterprise Research Campus, a 900,000-square-foot, mixed-use development adjacent to Harvard University in Allston, Massachusetts. According to the company, the...
Pending Home Sales Slide to Nearly Three-Year Low as Buyers Pull Back
