Posted on: August 4, 2022 Posted by: AKDSEO Comments: 0

US$ 19M construction loan provided for Ethos 134-unit

Ethos 134-unit multifamily development in Portland, Orlando, is set to benefit from US$ 19M leasehold construction loan. The loan was provided by Parkview Financial to the project developer, Ethos Development. 

The site for the seven-storey building project is on 1835 N Flint Avenue in Portland, Orlando. In December 2020, Ethos acquired the 0.36-acre site and obtained development rights. However, Ethos

Posted on: August 3, 2022 Posted by: AKDSEO Comments: 0

Drought-Parched California Burns While Prospects for Federal

Flames from the Oak Fire consume a home on Triangle Rd. in Mariposa County, Calif., on Saturday, July 23, 2022. AP Photo/Noah Berger

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Over the past six months, prospects for serious federal action on climate change have dimmed. Sen. Joe Manchin (D.-W.V.), a

Posted on: August 3, 2022 Posted by: AKDSEO Comments: 0

Phil Bond: Commercial Loan Market Thriving Despite Uncertain

F&M Bank Chief Credit Officer offers insight on the current state of commercial lending

Q: Describe the commercial lending landscape for the first half of 2022. 
A. Demand for commercial lending has increased. Businesses that closed during the pandemic were able to rebound last year, resulting in the highest number of new business applications ever filed in 2021, according to

Posted on: August 2, 2022 Posted by: AKDSEO Comments: 0

Russia news: Putin CUT OFF as partisans land major blow for

Vladimir Putin’s army is coming under increasing pressure on its southern front, as Ukraine mounts a sustained counterattack against the invaders. Partisans have been playing a major role to harass and frustrate Russian forces in the south. They have been particularly active in and around the strategic rail-hub city of Melitopol.

The city fell to the Russians on the third

Posted on: August 2, 2022 Posted by: AKDSEO Comments: 0

Business Lending Is Still Good Business

nflation is at a historic high, the Federal Reserve has raised its benchmark interest rate 2.5 percent in six months and talk of recession is in the air. Yet businesses’ appetite for debt didn’t dim in the second quarter.

Despite persistently high inflation and dramatic jumps in interest rates, local lenders have reported strong loan growth during the second quarter.

Posted on: August 1, 2022 Posted by: AKDSEO Comments: 0

FBI: No sign of Jimmy Hoffa under New Jersey bridge

DETROIT (AP) — The FBI found no evidence of missing Teamsters boss Jimmy Hoffa during a search of land under a New Jersey bridge, a spokeswoman said Thursday.

The Pulaski Skyway now becomes another dead end in the decadeslong mystery that has stretched from a Michigan horse farm to the East Coast: Where are the remains of one of America’s