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Developers get creative as land prices climb.(Banking & Finance)

From: Real Estate Weekly  |  Date: 9/28/2005  |  Author: Bassuk, Richard

Development of residential real estate projects in New York and the volume and velocity of financing transactions associated with such developments, continues at a frenetic level.

Within 12 months, I will have arranged approximately $1.4 billion in acquisition, mezzanine, bridge, construction and permanent loans, reflecting the robust nature of the ongoing residential development boom.

While the tempo remains steady, the development and financing score has changed. Three ...

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