BEGIN:VCALENDAR
VERSION:2.0
PRODID:-//ChamberMaster//Event Calendar 2.0//EN
METHOD:PUBLISH
X-PUBLISHED-TTL:P3D
REFRESH-INTERVAL:P3D
CALSCALE:GREGORIAN
BEGIN:VEVENT
DTSTART:20151001T123000Z
DTEND:20151001T140000Z
X-MICROSOFT-CDO-ALLDAYEVENT:FALSE
SUMMARY:Seminar: AD & C Financing for Home Builders
DESCRIPTION:One of the most common concerns for home builders seeking acquisition\, development and construction (AD&C) financing is the continuing lack of willingness by commercial banks and savings and loan associations to make loans to home builders.\n\n\n\nNot only are lenders reluctant to finance new projects\, but builders report they face additional hurdles from lenders wanting to tighten or renegotiate terms on outstanding\, often performing\, loans. Lenders are requiring home builders to put more equity into a project based on a new appraisal or demanding additional assets as collateral. Still\, commercial banks remain\, by far\, the largest source of AD&C financing for multifamily and single-family housing production.\n\nPANELISTS:\n\nStanley Koreyva\, Chief Operating Officer and Executive Vice President  - Amboy Bank   \n\nDave Hutchinson\, Senior Vice President - 1st Colonial Community Bank\n\nMark A. Duffy\, Senior Vice President - Firstrust Bank\n\nJohn Herring\, Senior Vice President - Liberty Bell Bank   \n\n \n\nTopics for discussion: \n\nUnderstanding the issues with AD&C Financing \n\nNational vs localized community banks \n\nLending parameters \n\n                                                                                                                              Loan limits \n\n Underwriting guidelines \n\nLoan disbursement/Funding \n\nOther types of construction financing \n\n                                                                                         Combined construction and permanent loan programs\n\n                                                                                                Revolving line of credit construction loan\n\n\n\n\n\nIf you want to learn more\, join us for this informative seminar.
X-ALT-DESC;FMTTYPE=text/html:One of the most common concerns for home builders seeking acquisition\, development and construction (AD&amp\;C) financing is the&nbsp\;continuing lack of willingness by commercial banks and savings and loan associations to make loans to home builders.<br />\n<br />\nNot only are lenders reluctant to finance new projects\, but builders report they face additional hurdles from lenders wanting to tighten or renegotiate terms on outstanding\, often performing\, loans. Lenders are requiring home builders to put more equity into a project based on a new appraisal or demanding additional assets as collateral.&nbsp\;Still\, commercial banks remain\, by far\, the largest source of AD&amp\;C financing for multifamily and single-family housing production.<br />\n<strong><u><span style="color:black\;"><span style="font-family:arial bold\;">PANELISTS:</span></span></u></strong><br />\n<strong><span style="font-variant:small-caps\;"><span style="color:black\;"><span style="font-family:arial bold\;">Stanley</span></span></span></strong><strong><span style="font-variant:small-caps\;"><span style="color:black\;"><span style="font-family:arial bold\;"> Koreyva\,</span></span></span></strong> <strong><span style="font-variant:small-caps\;"><span style="font-family:arial bold\;">Chief Operating Officer and Executive Vice President</span></span></strong><strong><span style="font-variant:small-caps\;"><span style="color:black\;"><span style="font-family:arial bold\;">&nbsp\; - Amboy Bank&nbsp\;&nbsp\;&nbsp\;<br />\nDave Hutchinson\, Senior Vice President - 1<sup>st</sup> Colonial Community Bank</span></span></span></strong><br />\n<strong><span style="font-variant:small-caps\;"><span style="font-family:arial bold\;">Mark A. Duffy\, </span></span></strong><strong><span style="font-variant:small-caps\;"><span style="font-family:arial bold\;">Senior Vice President - Firstrust Bank</span></span></strong><br />\n<strong><span style="font-variant:small-caps\;"><span style="color:black\;"><span style="font-family:arial bold\;">John Herring\, Senior Vice President - Liberty Bell Bank&nbsp\;&nbsp\; </span></span></span></strong><br />\n<strong><span style="font-family:arial\;">&nbsp\;<br />\nTopics for discussion: </span></strong><br />\n<strong><span style="font-family:arial\;">Understanding the issues with AD&amp\;C Financing </span></strong><br />\n<strong><span style="font-family:arial\;">National vs localized community banks </span></strong><br />\n<strong><span style="font-family:arial\;">Lending parameters </span></strong><br />\n<strong><span style="font-family:wingdings 2\;">&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;</span></strong><strong><span style="font-family:arial\;"> Loan limits </span></strong><br />\n<strong><span style="font-family:arial\;">&nbsp\;Underwriting guidelines </span></strong><br />\n<strong><span style="font-family:arial\;">Loan disbursement/Funding </span></strong><br />\n<strong><span style="font-family:arial\;">Other types of construction financing </span></strong><br />\n<strong><span style="font-family:arial\;">&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\; Combined construction and permanent loan programs</span></strong><br />\n<strong><span style="font-family:arial\;">&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\; &nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;&nbsp\;Revolving line of credit construction loan</span></strong><br />\n<br />\n<br />\nIf you want to learn more\, join us for this informative seminar.
LOCATION:Builders League of South Jersey Office 114 Haddontowne Ct Cherry Hill\, NJ 08034
UID:e.9292.1756
SEQUENCE:3
DTSTAMP:20260410T022816Z
URL:https://members.blsj.com/events/details/seminar-ad-c-financing-for-home-builders-10-01-2015-1756
END:VEVENT

END:VCALENDAR