Can Developers Start Work Without Financing?

LAKE FOREST, CA—In unique situations where the borrower has confidence in the lender’s ability to perform, some developers feel safe in beginning constructionbefore financing is in place, Landmark Capital Advisors’ managing director Adam Deermount tells GlobeSt.com. As we recently reported, the firm has completed a $100-million refinancing and development loan for Portola Center South, a 626-home community on a 95.5-acre site […]