Vizzda – August 8, 2013 – GSO Capital purchased 106.31 acres of “The Meadows” in Peoria for $16.5m or $155,206 per acre from Communities Southwest. An additional aspect of the deal is that K Hovnanian Homes has optioned the land. GSO Capital has worked closely with K Hovnanian Homes, providing a $250m cash infusion in 2012 (LINK) and operating as a land banker for K Hov. Steve Benson of Rose Asset Management was GSO Capital’s contact for the deal, while president Mike Kern and executive vice president Luka Vignjevic handled the deal for Communities Southwest and Chad Fuller represented K Hovnanian Homes.
United States surpasses 5 million solar installations; Court Rich, Rose Law Group co-founder and director of the firm’s Renewable Energy and Utility Infrastructure Department, highlights key reasons behind the milestone
By Sean Wolfe | Renewable Energy World The United States has officially exceeded five million solar installations, just eight years after reaching one million installations