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PACE in Maryland is Not Keeping Pace

Green Building Law Update

In 2008 I said Property Assessed Clean Energy (PACE) loans “ could be bigger than anything in U.S. real estate since the invention of the glass window.”. But today, despite Maryland having enacted a PACE enabling law in 2014, only one PACE loan has closed in the State. By any measure, one is not an overwhelming success. So, what is wrong?

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Residential Construction Loan Volume Increases

Pro Builder

Residential Construction Loan Volume Increases. The volume of residential construction lending declined starting at the beginning of 2019, but it’s continued an upward trajectory through the first quarter of 2021. Alternative sources of financing, including equity partners, have supplemented this capital market in recent years.

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Green Building Bonds as a Game Changing New Source of Capital

Green Building Law Update

While bond financing can have higher transaction costs than oft used mortgage backed loans, even in large dollar amounts as in this instance, it is significant that there was strong market demand for these unsecured bonds that drove the lower interest rates. exclusively for green building.

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Construction Business Owner Blogs

Construction Business Owner

Accounting & Finance. From residential building to corporate construction, new technologies and standards are evolving every day. December 2008. November 2008. October 2008. September 2008. August 2008. MANAGEMENT |. ACCOUNTING |. SOFTWARE |. MARKETING |. INSURANCE |. EQUIPMENT |. General Management.

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2009 Trends Report: Residential Design & Build

Green Home Design Architect

Residential Design & Build magazine’s 2009 Trends Report has the latest data on home design and building trends (reporting on 2008). One of the charts in the article lists items, features, and materials where clients cut back when their budget is tight. Homeowners are willing to cut down on the actual living space to cut costs.

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PSMJ Resources Blog: Residential Construction Continues to Struggle

PSMJ Resources

Residential Construction Continues to Struggle. A sluggish economy, a soft job market, a large inventory of foreclosed homes, the threat of additional foreclosures, and difficulty in obtaining financing for both potential homebuyers and for builders continue to act as a drag on the housing market. Corporate Finance Associates blog.

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The Housing Market is Threatening to Push the U.S. Economy into a Recession

Pro Builder

While the 2022 housing market downturn doesn’t mirror the 1981 or 2008 crash exactly, it shares traits of both. And as in 2008, the current housing market has become detached from underlying economic fundamentals. There's also the theory that a significant drop in residential investment—which makes up 4.6% Financing.

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