Subject category:
Finance, Accounting and Control
Published by:
Harvard Business Publishing
Version: 8 September 2011
Revision date: 21-Sep-2011
Length: 26 pages
Data source: Field research
Notes: Customers will need to be registered on the Harvard Business Publishing website in order to view the video https://cb.hbsp.harvard.edu/cbmp/product/395118-PDF-ENG
Abstract
This case is accompanied by a Video Short that can be shown in class or included in a digital coursepack. Instructors should consider the timing of making the video available to students, as it may reveal key case details. Fleet Bank is considering a construction loan for a 390-unit apartment project in Austin, Texas. The case describes the location, market, product, and other real estate factors the bank needs to consider in making this loan. Also discusses the financial and construction risks involved in structuring this kind of credit facility.
About
Abstract
This case is accompanied by a Video Short that can be shown in class or included in a digital coursepack. Instructors should consider the timing of making the video available to students, as it may reveal key case details. Fleet Bank is considering a construction loan for a 390-unit apartment project in Austin, Texas. The case describes the location, market, product, and other real estate factors the bank needs to consider in making this loan. Also discusses the financial and construction risks involved in structuring this kind of credit facility.