article thumbnail

Tellurian delays construction on $27B Louisiana energy project

Construction Dive

Reduced demand, low natural gas prices and the coronavirus have kept the energy company from securing the equity partnerships that will allow for construction financing.

Equity 156
article thumbnail

First-Time Buyers Are Choosing Conventional Over FHA Financing

Pro Builder

First-Time Buyers Are Choosing Conventional Over FHA Financing. Just 24% of first-time buyers went with an FHA loan in January while 59% of first-time buyers obtained conventional financing, reports the National Association of Realtors. In 2020, 57% of first-time buyers chose conventional financing—a 5% jump from 2019.

Finance 100
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Homebuyers Unable to Find Traditional Mortgages Are Trying Out Alternative Financing

Pro Builder

Homebuyers Unable to Find Traditional Mortgages Are Trying Out Alternative Financing. Some homebuyers who are unable to secure traditional mortgages are taking a risk and turning to alternative financing options that lack consumer protections. Housing Policy + Finance. Financing. Mon, 04/25/2022 - 10:25. New-Home Sales.

Finance 98
article thumbnail

Contech continues funding tear

Construction Dive

From autonomous buildings to alternative materials, these firms raised money recently via equity and debt financing, despite economic headwinds.

Debt 133
article thumbnail

Navigating Commercial Building Loan Landscape for Small Business

Wolgast Corporation

We checked in with Steve Canole, Senior Vice President of 1 st State Bank, to find out the current commercial financing climate and if there are any changes, insight, or guidance our business owner clients should know to secure financing to fuel their growth. Over the last 18 months, lending is back to financing 75% or lower.

article thumbnail

What Distinguishes Today’s Housing Slump From the 2008 Collapse?

Pro Builder

With much less financial risk-taking and an increase in equity wealth, today's buyers and homeowners are much more prepared to handle a housing downturn than they were in 2008. Not only is financing far less risky than it was leading up to the subprime mortgage collapse, but this time around, more homeowners are also equity rich.

Housing 98
article thumbnail

Construction Project Financing Regulations: Key Considerations

Building Radar

Financing is a critical component of construction projects, influencing everything from project scope to execution. Understanding the regulations surrounding construction project financing is essential for developers, contractors, and stakeholders. Financing options may include loans, equity financing, and government grants.

Finance 52