A big redevelopment project at the Aspen Club was meant to service tourists in Colorado, but financial trouble has prompted multiple contractors and the lender to foreclose on the property. FirstBank, which lent the club's owner $45 million, filed the first...
Experienced Kansas City Construction Law Firm
Month: November 2017
Trends in the commercial real estate debt financing market
On Behalf of Long & Robinson, LLC | Nov 17, 2017 | Commercial Real Estate
Investing in commercial real estate will usually require acquiring debt. It has been almost a decade since the Great Recession, and the commercial real estate financing industry is not the same as it once was. Kansas investors and developers may benefit from being...
Commercial real estate trends to watch in 2018
On Behalf of Long & Robinson, LLC | Nov 13, 2017 | Commercial Real Estate
Prospective buyers, sellers and investors who are interested in the commercial real estate market in Missouri should take care to understand the market trends before they move forward. This might help them to realize the most benefit from their commercial real estate...
Banks want more equity before financing CRE
On Behalf of Long & Robinson, LLC | Nov 2, 2017 | Commercial Real Estate
Many factors, like equity, interest rates, economic conditions and climate change, influence the financing of commercial real estate in Missouri and around the country. The conservatism of some banks in recent years has led to requirements that investors bring more...
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