NEWS

There is great news in Sarasota, Florida on this March 2, 2010 – In order to jumpstart contracting projects the Holland Construction, a full-service construction contracting firm with offices in Florida, Pennsylvania and Maryland, has announced an innovative program that offers creative financial solutions and options to its customers. The “EF-10” package, which allows companies to choose construction financing arrangements, deferred fees or the establishment of an ownership or equity position in a project, is designed to jumpstart certain jobs that may have stalled due to the lack of adequate funding

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Company president Joe Holland terms the program a “mini-stimulus” project that is geared toward owners and investors of commercial office buildings and retail centers, healthcare facilities, public projects including schools and libraries, and a variety of other user-occupied projects. The final determination of the equity or financing model best suited to the customer will be decided on a case-by-case basis, Holland explained.
“Although we detect a loosening of the equity markets, obtaining adequate financing remains a key obstacle in the initiation and completion of many construction projects,” Holland said. “We believe the EF-10 program will offer an attractive and compelling solution to certain companies, and allow them to move forward with their plans. Our ability to successfully implement this plan will benefit end-users, the sub-contractor industry and the overall business economy in our local markets,” he added.
About Holland Construction:

Since 1907, Holland Construction has performed construction management activities for a wide range of office, industrial, retail, food service and residential projects throughout the mid-Atlantic and southwest Florida region. The company’s menu of services include preconstruction and construction management, general contracting, design/build services and Leadership in Energy and Environment Design (LEED) building. For more information about Holland Construction, visit www.Holland-Corp.com

Tags: Florida Homes, Florida Real Estate, Real Estate Incentives, Real Estate News, Real Estate Stimulus, Stimulus

This entry was posted on Tuesday, March 2nd, 2010 at 3:41 pm and is filed under Real Estate Incentives. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.