Radiant will spend $15 million to renovate the 209 units of affordable housing in five phases, over eighteen months.
Non-optimal activities, limited technology use and labor issues continue to plague the construction and logistics industries, with the former accounting for $177.5 billion in US labor costs per year.
“There is a lending void in specific segments of commercial real estate, especially those under $5 million in size,” says Ben Easterlin V, senior vice president of commercial lending at Angel Oak, and managing director of the new commercial lending arm.
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