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Asia's private credit markets thrive as desperate borrowers find lenders

SINGAPORE : When global commercial real estate services firm JLL found public debt and loan markets were averse to funding a property project in Arizona, it turned to private credit markets and easily got the loan.The $585 million refinancing loan for real estate company Five Star Development was at an un
United States Hong Kong South Australia Shane Forster Bryan Clark Andrew Tan

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6 things to know next week in Meriden, Wallingford, Southington, Cheshire

6 things to know next week in Meriden, Wallingford, Southington, Cheshire- Things to know next week include the reopening of a renovated Meriden Public Library, along with the possible appointment of a new permanent library director.In Wallingford, the Town Council is scheduled to consider $1.5 million for a communications...
North Carolina United States Town Hall Becky Starr Choate Rosemary Hall Jason Zandri

After 2015 law revision, more CT municipalities use tax increment financing to spur new development

A new version of an old economic development tool — tax increment financing — is gaining traction among municipal leaders and developers who say it carries little risk and great reward, with several Greater Hartford projects serving as proof of its potential. Tax increment financing, commonly referred to as TIF, is a development finance tool that uses new or incremental tax revenue generated by a completed project to repay the costs incurred to fund it.
Windsor Locks United States New Britain Old Saybrook Andrew Martelli Dan Czyzewski

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