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.
Longwell Riess Client - Home Bank - serves as construction, mini-perm & bridge lender in redevelopment of historic monastery property in New Orleans French Quarter
Longwell Riess client Home Bank serves as the construction, mini-perm and bridge lender in the historic redevelopment of an historic monastery property in the French Quarter. Upon completion this creative and adaptive reuse of the historic premises will provide event space and residential units. Chris Wootten handled the transaction.
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.
Home Bank, NORA, and Stonehenge Capital -collaborate in redevelopment of the historic Dew Drop Inn - located in New Orleans, LA
Dew Drop Inn: Home Bank, the New Orleans Redevelopment Authority and Stonehenge Capital collaborate in the redevelopment of the historic Dew Drop Inn. Acting as lender and tax credit investor counsel, Megan Riess and Chris Wootten handled the transaction, which utilized state and federal new markets, state and federal historics, Community Development Block Grants and commercial bridge and permanent debt.
Longwell Riess Client - Clarity Development Company - develops Badgerow Building in Sioux City, Iowa
Longwell Riess client Clarity Development Company develops Badgerow Building in Sioux City, Iowa, using federal and state historic tax credits, tax increment funding, and bridge, construction and permanent loans. Megan Riess and Chelsea Fitzgerald represented the developer on the transaction.
Longwell Riess Client - GCHP - partners with Crescent Care for historic redevelopment of 2515 Canal Street property in New Orleans, LA
Longwell Riess client Gulf Coast Housing Partnership partners with Crescent Care as project borrower and non-profit sponsor in the historic redevelopment of property located at 2515 Canal Street, New Orleans. The $22,000,000 project was financed with federal new markets tax credits, federal and state historic tax credits, and a novel HHS loan product. Upon completion, the project will expand the clinical capacity and medical services offered by the Crescent Care organization. Kelly Longwell and Chris Wootten handled 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.