Boston Properties Evaluates $ 850.0 Million Green Bond Offer, Announces 5.25% Cumulative Redeemable Preferred Share Series B

BOSTON–(COMMERCIAL THREAD) – Boston Properties, Inc. (NYSE: BXP) (the “Company”), the largest developer, owner and manager of Class A office buildings in the United States, today announced that its operating partnership, Boston Properties Limited Partnership (“BPLP”), has agreed to issue $ 850.0 million of 2.550% senior unsecured notes due 2032 …

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Man admits to filing fraudulent request for stimulus loan

PROVIDENCE, RI (AP) – Rhode Island man is currently serving federal supervised release for robbing four banks admitted to fraudulently applying for over $ 4.7 million in Paycheck Protection Program forgivable loans. Michael Moller has said in federal court that he received nearly $ 600,000 in forgivable loans guaranteed by …

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Is Ygrene and PACE Home Improvement the Right Way?

This slideshow requires JavaScript. Since 2013, tens of thousands of families in Florida have added impact windows, solar panels, and generally improved the quality of their homes through Ygrene (Energy Spelled Backwards) and PACE (Property Assessed Clean Energy) loans. . The look is simple. Make “green” hurricane-resistant upgrades to your …

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It’s time to go old school

Editor’s Note: This is the seventh installment in the ‘Industry Warriors’ series, a collection of profiles of seasoned real estate professionals and lenders who produced high volumes before September 11 and before 2008, weathered these economic downturns and rebounded even stronger. With a “Movement Mortgage” tablecloth pinned to the wall …

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5 things to know about the new FICO formula

FICO has updated its formula to help lenders better determine whether borrowers can repay loans. FICO scores are calculated by looking at what the loan is currently owed, credit history, credit term, credit and loan mix, and new credit. Joshua Cicora of Market Tax Services says the new formula can …

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