This Week in Jacksonville: Business Edition - Private equity firm launches fund for city projects

  • 📰 wjxt4
  • ⏱ Reading Time:
  • 41 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 30%
  • Publisher: 63%

This Week In Jacksonville Noticias

Business Edition,Podcasts,First Coast Real Estate Partners

Jacksonville’s transformation looks to advance with the investment of $40 million toward four key projects.

“It was a pretty big stepping stone for Corner Lot to branch out and create FCREP,” Studebaker said, “Which is really the financing arm to help take advantage of the opportunities that are coming out of the pipeline and core a lot.”

Studebaker said without a dedicated fund, developers “have to kind of judiciously go out and raise money on a project-by-project basis, which can work out fine. But there actually is not a lot of scale benefits in doing this. So by coming in and creating a fund, you’re providing a more ubiquitous access to capital in a much more efficient way.”

We’re diving into the specifics of the fund’s purpose, the projects underway, and how Jacksonville’s consolidation factors into the ease with which developers can move.Kent Justice co-anchors News4Jax's 5 p.m., 6 p.m., 10 p.m. and 11 p.m. newscasts weeknights and reports on government and politics. He also hosts "This Week in Jacksonville," Channel 4's hot topics and politics public affairs show each Sunday morning at 9 a.m.

Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 246. in AR
 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

This Week in Jacksonville: Business Edition - Downtown Jacksonville is ‘under construction’This episode focuses on downtown, with Lori Boyer, CEO of the Downtown Investment Authority.
Fuente: wjxt4 - 🏆 246. / 63 Leer más »

This Week in Jacksonville: Business Edition - City advancements in innovative tech companiesJacksonville continues advancing as a region full of innovative technology companies. One of those is Duos Technology Group, led by CEO Chuck Ferry.
Fuente: wjxt4 - 🏆 246. / 63 Leer más »

This Week in Jacksonville: Business Edition - Improving downtown one step at a timeDowntown Jacksonville is a key element of growth in the city. Jake Gordon is one of the leaders in the effort to improve and promote downtown for living, working, and playing, and he is our guest on This Week in Jacksonville: Business Edition.
Fuente: wjxt4 - 🏆 246. / 63 Leer más »

This Week in Jacksonville: Business Edition - Florida’s economic progress, exponential growthFlorida‘s economy is on par with Spain as the 15th largest in the world.
Fuente: wjxt4 - 🏆 246. / 63 Leer más »