Development Magazine Summer 2013

Finance

2013 Guide to Capital Connections

 

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

From the Archives: Finance Articles from the Previous Issue

two men shaking hands

Getting Loans Where Everybody Knows Your Name 

Defined by the Federal Reserve Board as institutions with $10 billion or less in total assets, community banks can be a potent source of financing because of their local roots and knowledge, flexibility and commitment to their communities.

K Street, Washington, D.C.

Reducing Development Agreement Risks in Municipal Bankruptcies 

As part of a bankruptcy, a city can assume or reject “executory contracts” — contracts under which material performance obligations remain such that a breach by a party would entitle the other party to terminate. However, if an executory contract is rejected by a city, the developer has no ability to enforce its terms and conditions.