When a Dallas-based real estate investment firm bought an apartment community in Tyler in 2023, they knew they would need funding for renovations.
“During the second half of 2023, the capital markets environment was fairly challenging,” said Eric Horan, founder and CEO at Saxony Capital Management. “Buyers began to struggle closing deals on time at the agreed-upon purchase price.”
Saxony worked with the debt and equity placement team at the global real estate and investment management…
Even if the Sacramento City Council approves an item to signal financial support for a planned new 350-room hotel near the SAFE Credit Union Convention Center, don't expect construction to start for a while.