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PRESS RELEASE: U.S. Bank Closes on $15.4 Million Construction Loan for Premium Property Burnside, LLC
2013-07-24 18:56:00| National Real Estate Investor
Nicole Garrison-Sprenger U.S. Bank and Premium Property & Burnside, LLC, a joint venture development of Premium Property USA, Inc., Capstone Partners LLC and Green Light Development, have closed on a $15.4 million construction loan that will finance the development of a new 135-unit apartment building in the Laurelhurst neighborhood of Portland, Oregon. Portland firms SERA Architects PC and Bremik Construction, Inc. are serving as the project architect and general contractor. read more
Tags: press
property
release
premium
PRESS RELEASE: Bernard Financial Group Finances Retail Building with Wells Fargo Bank, National Association
2013-07-24 18:38:00| National Real Estate Investor
Rachel Vick Bernard Financial Group has arranged an $8,000,000 loan for Newburgh Plaza. The loan consists of an existing retail property containing 154,283 square feet located in Livonia, MI. The borrowing entity is Newburgh Plaza, LLC. The loan was originated by Dennis Bernard and Kevin Kovachevich. read more
Tags: group
press
national
release
European Investment Bank Will Not Finance Most Coal Power Stations
2013-07-24 17:30:00| Climate Ark Climate Change & Global Warming Newsfeed
Yale Environment 360: The European Investment Bank (EIB), the main lending arm of the European Union, has decided to stop financing most coal-fired power plants, part of an effort to help the 28-nation bloc meet ambitious greenhouse gas reduction targets by 2030. The EIB says that new and refurbished coal-fired power stations will be ineligible for funding unless they emit less than 550 grams of carbon dioxide per kilowatt hour, a standard that traditional coal power plants would be unable to meet. Power stations that...
Tags: power
finance
bank
investment
PRESS RELEASE: Bernard Financial Group Finances Retail Building with Wells Fargo Bank, National Association
2013-07-24 16:15:00| National Real Estate Investor
Rachel Vick Bernard Financial Group has arranged an $8,000,000 loan for Halsted Village. The loan consists of an existing retail property containing 137,801 square feet located in Farmington Hills, MI. The borrowing entity is Halsted Village, LLC. The loan was originated by Dennis Bernard and Kevin Kovachevich. read more
Tags: group
press
national
release
European Investment Bank halts lending to dirtiest coal power plants
2013-07-24 13:48:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: Green groups have cautiously welcomed a decision by the world's largest public financial institution to phase out funding for certain coal power plants, after its directors agreed to stop lending to projects that emit the highest levels of carbon dioxide. The European Investment Bank (EIB) board of directors agreed late yesterday to adopt an emissions performance standard for energy projects, which aims to screen out those energy projects that could undermine the EU's climate change policies,...
Tags: power
bank
investment
european
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