Remove Equity Remove Finance Remove Philadelphia
article thumbnail

Increasing Home Values Lift 1 Million Homes from 'Underwater' Status

Pro Builder

Chicago, Philadelphia, and New York experienced the largest declines in underwater homes during that period, reports National Mortgage News. On the flip side, “equity-rich” homes that have a value at least double the loan balance, increased by 4.2 Housing Policy + Finance. Now, with home values up, there remains 2.25

Equity 52
article thumbnail

Business Report: Garden State Growth Zones Aim to Lift New Jersey’s Cities

Buisness Facilities Contributed Content

They also will be eligible to give property tax abatements for new development, allowing cities like Camden to spur development and compete with Philadelphia for private-sector jobs and residential growth. Projects in these cities will have significantly lower eligibility thresholds and higher incentive levels.

Zoning 47
professionals

Sign Up for our Newsletter

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

article thumbnail

Dispute Boards: An Approach to the Efficient Resolution of Disputes in the Construction Sector

Constructlaw

Because contractors often rely on the cash flows generated by the project payment process to finance their efforts, any withholding of money could force the contractor to fund the project on its own. Zachary Torres-Fowler is an associate in the Construction Practice Group at Troutman Pepper in Philadelphia and New York City.

article thumbnail

Cover Story: Global Biotech Report

Buisness Facilities Contributed Content

Vienna’s cluster management also has a long history of supporting startups, including a 200.000 euro in preseed financing and 1 million euro in seed financing. Biotech was, next to IT and Finance, one of the most important branches to investors. Partners for cooperations can easily be found, according to the cluster management.

Georgia 68
article thumbnail

Cover Story: 2014 Business Facilities – Metro And Global Rankings

Business Facilities

The new facility, which will increase Apple’s workforce in Austin to more than 6,700, will serve as the primary operations nexus for the company in the Americas outside of Apple’s global headquarters in Cupertino, CA, centralizing accounting, human resources, sales, marketing and finance. automaker from going the way of the dinosaurs.

Metro 111
article thumbnail

Top 25 Finalists for Ivory Innovations' Housing Affordability Prize

Pro Builder

In the Finance category, finalists include organizations focused on construction financing, shared-equity models, and renter programs that support increased savings and equity. CoFi is piloting a new modular construction financing program with Manufactured, an end-to-end inventory manufacturing & finance solution.

article thumbnail

Top 10 Ivory Innovations Finalists for the 2023 Housing Affordability Prize

Pro Builder

. $300,000 in prize money will be distributed between at least three winners selected across the three award categories—Construction and Design, Public Policy and Regulatory Reform, and Finance. RenoFi Philadelphia, Pennsylvania | Finance Category RenoFi.com is the first one-stop-shop marketplace for financing a home renovation.