
Category: Projects

Flexi-view Lending Closes $14.25M Loan to Fuel Ambitious Development in Fresno
By: Velorine Tailored financing supports acquisition and construction of transformative project amid rising demand in California’s Central Valley. LOS ANGELES, Flexi-view Lending has closed a $14.25 million commercial loan to fund the acquisition and construction of a high-potential development in Fresno, California, further cementing the lender’s reputation for flexible, developer-focused capital solutions. Structured as a…

NCC Launches $52M Redevelopment in Espoo, Fusing History with Innovation
By: Velorine Major project adjacent to Otaniemi University campus aims to redefine urban space with a blend of heritage and modern design. Espoo, Finland – May, 2025 – In a bold move that highlights resilience in the Nordic real estate market, leading construction firm NCC has been commissioned by HGR Property Partners to spearhead a…

Ørsted Pulls Plug on Hornsea 4 as Offshore Wind Faces Mounting Headwinds
By: Velorine Surging costs, higher interest rates, and mounting project risks push global wind giants to abandon major UK development. In a sobering reflection of the economic headwinds buffeting the offshore wind industry, Danish energy giant Ørsted has announced it will not proceed with the 2.4GW Hornsea 4 project in its current form, citing deteriorating…

Ladywood’s £2.2 Billion Transformation Begins with a Promise: “We’re Here to Win Trust”
By: Velorine Birmingham, UK – After years of anticipation, frustration, and uncertainty, the long-awaited £2.2 billion regeneration of Ladywood is finally moving forward and the developers behind the ambitious project are pledging a reset in their relationship with the community. St Joseph, part of the Berkeley Group, has officially signed a development agreement with Birmingham…

Power and Profit: Developers Gained Government Status, Then Got Bonds to Build Big
By: Velorine A Suncoast Searchlight investigation reveals how real estate developers in Florida are increasingly using special independent districts, particularly Community Development Districts (CDDs), to fund infrastructure and amenities through tax-exempt municipal bonds, often with little oversight.

Global Real Estate Booms as Data Center Demand Surges, Cushman & Wakefield Reports
By: Velorine The global data center market is experiencing a transformative surge, driven by the explosive growth of cloud computing and artificial intelligence (AI). According to Cushman & Wakefield’s latest Global Data Center Market Comparison report, the demand for data infrastructure is escalating rapidly, prompting a significant shift in real estate development strategies worldwide. Global…

De Rito Partners Development Appoints Charlie Pelletier as Development Director to Lead Growth in Entitlements and Construction
By: Velorine Veteran real estate executive brings 25+ years of development expertise to drive high-impact projects across the Southwest PHOENIX, AZ, De Rito Partners Development Inc., a leader in retail and commercial real estate development throughout the Southwest, is pleased to announce the appointment of Charlie Pelletier as its new Development Director. With over 25…

Gilbane Building Signs 27,000 SF Lease at Jamestown’s Ballston Exchange in Arlington
By: Velorine Construction giant expands its regional footprint with a new office in one of Northern Virginia’s most vibrant mixed-use hubs ARLINGTON, VA, the design-forward real estate investment and management firm behind some of the country’s most iconic properties, announced today that Gilbane Building Company has signed a 27,000-square-foot office lease at Ballston Exchange, a…

Hong Kong’s April Property Deals Surge to 5-Month High as Stamp Duty Cuts Ignite Buying Frenzy
By: Velorine Hong Kong’s housing market roared back to life in April, with homebuyers rushing in after a long slump, fueled by a government stamp duty cut that reignited demand especially for budget-friendly flats. Property sales soared to 5,694 units last month, the highest since November’s tally of 6,298, as deep discounts and tax relief…

SolarBank & CIM Group’s $100M Solar Initiative: Powering 97 MW Across the U.S.
By: Velorine Scaling Renewable Energy Through Strategic Development SolarBank Corporation has secured $100 million in project-based financing with CIM Group to expand its footprint in U.S. solar energy. This investment will drive the development of 21 solar projects totaling 97 MW, structured through a preferred equity joint venture under the newly formed entity, New HoldCo….