• Skip to main content
  • Skip to primary sidebar
  • Skip to footer

TOWERS

  • News
    • Condo Projects
    • Neighborhoods
  • Listings
    • Austin Condo Guide
  • Newsletter
  • Realty
Search
You are here: Home / News / W Must Replace Troubled Lender to Proceed
Search suggestions: condos for sale • rainey street

W Must Replace Troubled Lender to Proceed

towers staff August 11, 2009 Comment

Since long before the 36-Story W Hotel and Residences began to rise earlier this year, the developers have faced the unpleasant task of replacing Corus Bank as their prime lender. Bad development loans in other markets have squeezed the bank's liquidity, making it impossible for Corus to provide the capital required to complete the W. What is the impact? It's hard to say. But it is a positive sign that the developers continue to poor their own money into the project (the . . .

 

  • Become a patron to get the full story and gain access to TOWERS' archive. (Sign-in)

Filed Under: News

About towers staff

Real estate, architecture, and city planning. Email: austin@towers.net

Previous Post: « Analysis: Understanding New Condo Pricing and Risk
Next Post: Updated: Bel Air Condo Auction Results »

Primary Sidebar

  •  Schedule a showing

Towers.Realty

FEATURED Listings

We're sorry, but we couldn't find MLS # 2700334 in our database. This property may be a new listing or possibly taken off the market. Please check back again.

210 Lavaca ST #1809
Austin, TX
Photo of 210 Lavaca ST #1809, Austin, TX 78701 (MLS # 6219306)
$675,000
32
  • Lot Size
    43,560 sqft

  • Home Size
    641 sqft

  • Beds
    1 Bed

  • Baths
    1 Bath

70 Rainey ST #2701
Austin, TX
Photo of 70 Rainey ST #2701, Austin, TX 78701 (MLS # 7939127)
$2,999,000
40
  • Lot Size
    271 sqft

  • Home Size
    2,851 sqft

  • Beds
    3 Beds

  • Baths
    3 Baths

Featured Buildings

  • Seaholm Condos
  • The Independent
  • 360 Condos
  • Spring Condos
  • Milago Condos

Footer

LEGAL NOTICE

TREC Information About Brokerage Services (pdf)

Texas Real Estate Commission Consumer Protection Notice


TOWERS realty

Austin Condos For Sale

Agents

Downtown Buildings

Luxury Towers

  • Four Seasons Residences
  • W Hotel & Residences
  • The Austonian
  • 5 Fifty Five at Hilton

Most Popular

  • The Shore
  • 360 Condos
  • Seaholm Condos
  • Spring Condos
  • Milago Condos

New Construction

  • The Independent
  • 70 Rainey
  • Austin Proper
  • Fifth & West

Loft Style

  • Austin City Lofts
  • Brazos Place
  • The Sabine
  • Plaza Lofts
  • Brown Building

Resources

  • Austin Condo Guide
  • Condos For Sale
  • Condo Buyer FAQ
  • Property Search

Featured

Archives

Newsletter · About · Contact Us · DMCA · Privacy Policy · SLAPP · Copyright © TOWERS.net · All Rights Reserved · Logout