Experts to Discuss Alternate Funding Sources on Nov. 13
With funding from banks and private investors difficult to secure, builders and developers participating in an upcoming NAHB audio seminar will hear experts in real estate finance and a custom home builder and land developer discuss how to find, approach and work with alternate sources of funding.
The hour-long broadcast begins at 2:00 p.m. EST on Thursday, Nov. 13.
Presented by NAHB’s Business Management Department, Executive Officers Council and The NAHB University of Housing, participants in “Alternate Funding Sources: Ideas and Perspectives to Keep Your Business on Track” will discuss the various resources available and the legal implications and issues borrowers will have to keep in mind when working with these new funding sources.
- Ron Robichaud, of Robichaud Financial Servces based in Laconia, N.H.
Robichaud has more than 30 years experience in real estate in mergers and acquisitions, management consulting and residential and commercial development.
- Troy Taylor, of the Algon Group in Atlanta.
Drawing on professionals who have more than 160 years of combined experience, the Algon Group provides real estate and financial advisory services including raising capital, litigation support, mergers and acquisition support, bankruptcy and restructuring and monetizing unique and illiquid assets.
- Harley Riedel, of Sticher Riedel, Blain & Prossner, P.A., of Tampa, Fla.
Riedel has served as counsel for the debtor in possession in many of the largest bankruptcy cases in Florida. He is also a founder and has served as president and chairman of the Tampa Bay Bankruptcy Bar Association.
Tom Stephani, of Stephani Enterprises, Inc. and Custom Construction Concepts, Inc. of Crystal Lake, Ill.
Stephani develops commercial and residential land and builds light commercial projects as well as custom homes in traditional infill neighborhoods.
Participants in the seminar can e-mail questions to the panelists at email@example.com through Friday, Nov. 7.
To register and for more information, click here.
Register for the Companion 'Working With Your Lender' Seminar
Register for the companion seminar, “Builder Financing: Working With Your Lender in the Credit Crunch,” which will be broadcast on Tuesday, Nov. 18 beginning at 2:00 p.m., for the discounted fee of $69 for both.
Sponsored by NAHB’s Housing Finance Committee and The NAHB University of Housing, panelists will discuss the current environment for single-family residential construction lending; strategies, alternatives and hazards for both performing and non-performing credits; and potential legal options that may be available to builders.
Visit www.nahb.org/LenderFinancingAudio for more information and to register.