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"The closing took place in the midst of the current unrest in the financial markets and both Taurus and Prime worked diligently through those challenges to get the transaction closed."
"We fully expect plaintiffs to try to make out a Labor Law 200 or 241(6) violation against owners and general contractors should a worker contract coronavirus and develop significant complications resulting in a prolonged period of unemployment."
Highland Realty Capital procured a $22 million construction take-out bridge loan to fund the lease-up and stabilization of Scotia Apartments in San Jose, along with three other loans for a total of $61 million.
After Harvey, Houston built a strong foundation with economic engines centered around energy and medicine, post-secondary education and an affordable cost of living, says Rand Stephens of Avison Young.