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Time Equities, Inc. Closes On A $35,000,000 Construction Loan For Phase Ii Of Its "Villas At Suncrest" Residential Community In Panama City Beach, Fl

Time Equities, Inc. Closes On A $35,000,000 Construction Loan For Phase Ii Of Its "Villas At Suncrest" Residential Community In Panama City Beach, Fl

11/23/22, 8:32 PM
Location
https://purecatamphetamine.github.io/country-flag-icons/3x2/US.svgnew york
Money raised
$35 million
Industry
energy
International real estate Time Equities, Inc. (TEI) announced that it has closed on a $35,000,000 construction loan for the development of Phase II at Villas at Suncrest. The construction financing was provided by M&T Bank Corporation.

Company Info

Company
Time Equities
Location
new york, united states
Additional Info
Founded in 1966, Time Equities, Inc. ("TEI") is a diversified investment, development, asset and property management, and alternative energy company that has been in business for more than 55 years. TEI currently holds in its own portfolio approximately 38.7 million square feet of residential, industrial, office and retail property including about 5,500 multi-family apartment units, approximately 1.5 million square feet in pending acquisitions, and 1 million square feet of various property types in stages of pre-development and development. With 332 properties across 35 states, five Canadian provinces, Anguilla, England, Germany, Italy, the Netherlands, and Scotland, the TEI portfolio benefits from a diversity of asset types including non-performing loans, B-notes, and alternative energy investments. TEI has a variety of market concentrations in the Northeast, Southeast, Midwest and West Coast of the U.S., and new markets around the world are always being evaluated.

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