Home Bank acts as construction, mini-perm & bridge lender - financing the historic redevelopment of 714 Canal Place in New Orleans, LA
Home Bank acts as construction, mini-perm and bridge lender, financing the historic redevelopment of 714 Canal Place with retail commercial tenants and professionally managed short term rentals. Upon completion the project will contribute to the rejuvenation of historic canal street in New Orleans, Louisiana. Chris Wootten was lender counsel on the transaction financing, which also included historic tax credits.
Texas-based federal credit union - Credit Human -expands into New Orleans
Texas-based federal credit union, Credit Human, expands into New Orleans. Among other products, Credit Human provides tax credit bridge and construction lending for projects utilizing historic tax credits, low-income housing tax credits and renewable energy tax credits and incentives. Recent projects include the redevelopment of the Central Congregation United Church of Christ by NANO and the Community Lighthouse resiliency hub project by Together New Orleans. Megan Riess serves as lender counsel on the transactions.
Longwell Riess Client - Clarity Development Company - develops historic Redfield Building in Omaha, Nebraska
Longwell Riess client Clarity Development Company develops historic Redfield Building in Omaha, Nebraska, using historic tax credits, PACE financing and commercial debt. Megan Riess represented the developer on the transaction.
Longwell Riess Client - Buccini/Pollin Group -redevelops historic Market Street in Wilmington, Delaware
Longwell Riess client Buccini/Pollin Group redevelops historic Market Street in Wilmington, Delaware. Using federal and state historic tax credits, the Wilmington-based developer has completed a number of projects along the street in a multi-phased approach to invigorate and reinvent the city-center, including the redevelopment of the Chemours Building, Dupont Building, and the Quoin Hotel. The projects include offices, residences, hotels, a theater, retail and restaurant venues. Megan Riess and Chris Wootten served as special tax credit counsel to BPG on the transactions.