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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...
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...
Prince Rupert City Council has given three readings to a zoning amendment in the hopes of bringing much-needed...
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.
A San Jose site where a hotel with more than 100 rooms is proposed has tumbled into a loan default and faces foreclosure, a fresh indicator of post-coronavirus economic maladies for the Bay Area lodging sector.