The Bozzuto Group believes it’s come up with a way of closing financing gaps — at least for new projects in its pipeline. An affiliate of the Greenbelt developer’s housing unit has launched a new fund to help steer equity into projects in need. “Homebuilding equity has not exactly been the most prevalent thing in the market for the past few years because of the post-2008 dynamics,” Bozzuto Group CEO Toby Bozzuto said. “We created a vehicle to complement our own equity so we can do more projects.” BHI…
from http://www.bizjournals.com/baltimore/news/2017/03/08/bozzuto-launches-fund-to-fuel-baltimore-and-d-c.html?ana=RSS%26s=article_search
via http://baltimorecheckbook.tumblr.com/post/158155465982
No comments:
Post a Comment