EnviroFinance Group (EFG) specializes in financing the redevelopment of contaminated properties, commonly known as brownfields, throughout the U.S. EFG's unique approach to brownfield redevelopment funding allows remediation, horizontal and/or vertical construction activities to occur simultaneously to facilitate faster and more cost-effective projects. EFG's brownfield financing is a catalyst to the expansion of urban infill development and renewal projects as well as the revitalization of rural communities, returning blighted properties to productive use and increasing local tax revenues. Borrowers include commercial land owners, real estate developers and public entities.
http://www.envirofinancegroup.com
Plano, TX Meridian Capital Group has arranged $29.65 million in construction financing for the first phase of a single-family residential community located at 2601 East Parker Rd. The 80% loan-to-cost, non-recourse financing was provided by Arixa Capital and