Business & Finance

First BanCorp Reports Strong Financial Performance

News Summary First BanCorp has announced a remarkable net income of $298.7 million for the year, showcasing substantial growth in…

1 month ago

Paducah City Commission Advances Southside Revitalization

News Summary The Paducah City Commission is advancing a revitalization plan for the Southside area, introducing financial incentives and plans…

1 month ago

Multifamily Housing Developments Face Major Challenges

News Summary The multifamily housing market is experiencing significant difficulties, with completions for apartments down nearly 40% year-over-year. While construction…

1 month ago

Sol Systems Secures $675 Million for Solar Projects

News Summary Sol Systems, a leading U.S. clean energy developer, has secured a $675 million revolving construction finance facility to…

1 month ago

First BanCorp. Reports Strong Q2 Earnings

News Summary First BanCorp. has announced impressive financial results for the second quarter, with a net income of $80.2 million…

1 month ago

Sol Systems Secures $675 Million Financing for Solar Expansion

News Summary Sol Systems has secured $675 million in financing to support the expansion of solar and storage projects across…

1 month ago

Edition Birmingham Secures £127.5 Million Funding for Development

News Summary Edition Birmingham has successfully secured £127.5 million in funding from Eldridge Real Estate Credit for its major residential…

1 month ago

Builder Tracie J. Kelley Accused of Fraud in Home Projects

News Summary Tracie J. Kelley, owner of KellCo Custom Homes in Little Rock, is facing multiple lawsuits from couples alleging…

1 month ago

Construction Funded for Joyce Kilmer Logistics Center in New Brunswick, NJ

News Summary The Joyce Kilmer Logistics Center in New Brunswick, NJ, has secured $33 million in construction financing. This development…

1 month ago

CCI Real Estate Secures $67 Million for UGA Redevelopment

News Summary CCI Real Estate has secured $67 million in construction financing for the redevelopment of the Baptist Collegiate Ministries…

1 month ago