Development Magazine Summer 2012

Finance

various images of money

2012 Guide to Capital Connections 

Looking for Capital? Capital Connections - the NAIOP guide to financing lists dozens of firms around the country.

Finance

Finding a Two-Loan Solution for Refinancing and New Construction 

At the risk of inducing mortgage envy, here is a story of how financing – even construction financing for a speculative building – can go very, very right. Of course, it helps to have a Class A property in a top tier market. Even so, challenges had to be overcome at a time of flux and uncertainty in the capital markets.

wind turbines

Strategically Green - New Financing Vehicles Target Energy Efficiency Retrofits 

Only a very small portion of existing buildings – particularly older inventory – has undergone energy efficiency retrofits. So what’s the holdup? The short answer is money — or lack of money — to allocate to energy efficiency projects. Energy-related retrofits play second when competing with necessary capital budget items and/or when the ROI of the energy project is below the internal cost of capital.

From the Archives: Development Magazine | Finance Articles from the Previous Issue

Finance

Mixed Forecast for Refinancing Loans Maturing This Year 

According to research firm Trepp, some $360 billion in commercial real estate loans are maturing this year and more than 60 percent are underwater. Of that total, $53.4 billion in CMBS loans are coming due this year, $15.5 billion of which were vintage 2007 loans, 27 percent of which are in special servicing and 18.5 percent are 30 days or more delinquent.