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News Stories (20 Results) - Construction

TNT Crane & Rigging closed on a $385 million asset-based lending revolving credit facility and a new $119 million 2nd lien term loan (the "2L Facility").   Proceeds from the ABL Facility and the 2L Facility will be used to repay all outstanding... Read Story

September 09, 2021, 06:00 AM

Ares Commercial Finance (“ACF”) and WhiteHawk Capital Partners, LP ("WhiteHawk") provided a CAD$130 (US$103 million) senior facility to a company based in Western Canada specializing in crane and heavy haul services. The senior facility was... Read Story

August 17, 2021, 07:34 AM

Williams Industrial Services Group Inc., a construction and maintenance services company, today announced that it has entered into new credit agreements, including a $50.0 million term loan facility with Energy Impact Credit Fund, an affiliate of... Read Story

December 28, 2020, 09:20 AM

Sterling National Bank's Asset-Based Lending Group provided senior secured credit facilities totaling $17,200,000 to a nationwide construction equipment provider.The transaction was originated by Ken Frank, a Managing Director located in Sterling’s... Read Story

February 24, 2020, 08:55 AM

Citizens Commercial Banking announced that its Commercial Real Estate Finance team is providing a $75 million loan to Haymarket Parcel 9 Investors, LLC, whose sponsors are Boston-based CV Properties, New York-based Olshan Properties and Boston-based... Read Story

November 25, 2019, 08:55 AM

Citizens Bank announced its Community Development Group has provided $29.5 million in construction loans to MM Poth Brewery LLC and Off Road Poth Bridge Member, LLC, entities sponsored by MM Partners, LLC, for the adaptive re-use and substantial... Read Story

June 12, 2019, 09:00 AM

Ritchie Bros., a global leader in asset management and disposition, announced that it has received bankruptcy court approval to purchase the assets of Welded Construction, L.P. together with Gordon Brothers, the global advisory, restructuring, and... Read Story

April 29, 2019, 08:50 AM

Natixis originated a $30 million acquisition loan for affiliates of New York City-based Joy Construction and Maddd Equities. The loan proceeds will be used to acquire the five-story self-storage property located in the Ft. Greene neighborhood of... Read Story

August 23, 2018, 07:11 AM

CIT Group Inc. announced that CIT Northbridge Credit, its joint venture financing unit, served as sole lead arranger on a $35 million senior secured credit facility for Imperial Crane Services Inc. For nearly half a century, Imperial Crane, based in... Read Story

August 03, 2018, 07:18 AM

Citizens Bank announced that Citizens Commercial Banking is providing a $33.75 million construction loan to Post Road Residential and its partner Carlyle Realty Partners VII, LP for the construction of the 215-unit multifamily Bloomfield Center... Read Story

November 10, 2016, 07:31 AM

US Capital Partners Inc. has advised on a custom-structured real estate term loan of up to $10.6 million for Paul Ryan Associates, Inc., a leading general contractor in the United States with licensed operations across multiple States from New York... Read Story

November 09, 2016, 07:15 AM

Pacific Mercantile Bank provided approximately $19 million in financing to Marina Landscape, Inc. to help fund the company's ongoing operations and expansion plans. The total financing package consists of a working capital credit facility, a term... Read Story

February 12, 2015, 07:26 AM

CIT Group Inc. announced that CIT Capital Equipment Finance served as Lead Agent in a $76 million senior secured credit facility to Construction Partners, Inc., a leading infrastructure and road construction company in the Southern United States.... Read Story

January 21, 2015, 07:19 AM

PNC Bank Canada Branch, the Canadian branch of PNC Bank, N.A., announced the closing of a $90 million asset-based loan for the Flynn Group of Companies. The transaction includes foreign exchange and treasury management services. Based in Mississauga... Read Story

November 20, 2014, 07:59 AM

Hill International has successfully closed a refinancing of the company's senior debt facilities with Société Générale. This transaction, which was arranged by SG Americas Securities, LLC, the U.S. broker-dealer affiliate of Société Générale... Read Story

September 29, 2014, 07:23 AM

Main Street Capital Corporation recently led a financing totaling $17.0 million of invested capital in Guerdon Enterprises, LLC ("Guerdon"), to support the majority recapitalization of Guerdon, with Main Street funding $13.6 million of the financing... Read Story

August 19, 2014, 07:10 AM

FirstBank Florida announced it has arranged a $12 million senior secured facility for Dragados, the company heading the Construction division of the ACS Group, which has acquired 100% of the Tampa-based Prince Contracting, LLC, which specializes in... Read Story

June 18, 2014, 07:04 AM

M.D.C. Holdings, Inc. entered into a new five-year $450 million unsecured revolving credit facility.  The new facility permits an increase in the maximum commitment amount to as much as $1 billion, subject to receipt of additional commitments from... Read Story

December 17, 2013, 07:29 AM

EMCOR Group, Inc., a Fortune 500 leader in mechanical and electrical construction, industrial energy infrastructure, and facilities services for a diverse range of businesses, announced that it had entered into a $1.1 billion credit agreement with a... Read Story

December 03, 2013, 07:36 AM

Siena Lending Group announced the completion of a three-year $7.5 million senior secured credit facility for Harper Industries, Inc. on November 8, 2013. The credit facility consists of a $6 million working capital revolver and a $1.5 million... Read Story

November 20, 2013, 08:02 AM