Page 6 - Development Lending News Today : Breaking News, Live Updates & Top Stories | Vimarsana

BOSTON, August 16, 2023--Eastern Bank is pleased to announce its financing for the development of the LeClair Village Apartments, in Mashpee, MA. Scheduled to open in 2025, LeClair Village will feature 39 affordable rental units designed to serve low- and moderate-income households, including 14 one-bedroom apartments, 21 two-bedroom units, and 4 three-bedroom apartments. Eastern is providing a construction loan for the build-out of the Village, permanent financing for the ongoing operations of

/PRNewswire/ -- CIBC, SomerCor and World Business Chicago will join Chicago Mayor Lori Lightfoot today, June 16, at an event to recognize inaugural small...

/PRNewswire/ - CIBC today announced that Related Companies completed the rehabilitation of a 160-unit senior and family development on Chicago's south side,...

Published January 29, 2021, 5:00 AM The Development Bank of the Philippines (DBP) has granted a P4.17-billion loan to Megaship Builders, Inc. (MBI) to upgrade and expand its shipbuilding and ship repair complex in Albuera, Leyte. “The project will increase the shipyard’s capacity from 10,000 Deadweight tonnage (DWT) to 200,000 DWT,  accommodating an average of 10 vessels per month from the current two vessels per month,” according to DBP President and Chief Executive Officer Emmanuel G. Herbosa. It is also welcome news, considering that at present, the country has a dismal ratio of 204...

By Kevin P. Gallagher & Rebecca Ray With the release of the new interactive China’s Overseas Development Finance (CODF) Database this past week, a number of analyses and takes have been offered on the data. In this post, we make three clarifying points on the scope and findings of our data: 1. What does it track? – The CODF Database tracks all overseas loan commitments to governments and state-owned entities from China’s two main policy banks operating abroad – the China Development Bank (CDB) and the Export-Import Bank of China (ExImBank) – to governments, government ow...