Deco Communities has landed three-year construction financing for a 110-unit condo project in Phoenix’s Midtown neighborhood. HFF arranged the $18.3 million in non-recourse financing via a commercial bank. The 60-percent loan-to-cost financing puts the total development price in the $30.5 million ballpark. HFF also arranged joint venture equity capital for the project.
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