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 - 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.