Financing the sports stadium: new eras, new sources

Article Abstract:

The economics aspects of sports stadiums has attracted a considerable amount of publicity. The funding of such sports facilities has become big business both for franchise owners and public officials with an estimated nearly 50% of all US professional baseball, football, basketball and hockey teams planning or building new sports arenas. Public financing for stadiums was nearly always the norm until about 1987. Arena funding is likely to continue in the trend of increasing private involvement, with creative forms of securitization of arena revenue streams and creative, limited new types of public subsidy supplanting full municipal funding.

Commercial and Institutional Building Construction, Nonresidential construction, not elsewhere classified, Sports Teams and Clubs, Sports clubs, managers, & promoters, Recreational Buildings, Professional Sports, Buildings and facilities, Stadiums, Sports facilities, Recreational facilities

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Ninth Circuit follows First CircuitEs lead and grants retroactive approval of lease rejection

Article Abstract:

In a recent case, Pacific Shores Development v. At Home Corporation, the United States Court of Appeals for the Ninth Circuit maintained that, a bankruptcy court can approve the retroactive rejection of unexpired nonresidential lease in its di scretion, there by joined the First Circuit's approach.

Legal issues & crime, Telegraph & other communications, Legal/Government Regulation, Company legal issue, Cases, Internet service providers, Internet service provider, Commercial leases, United States. Court of Appeals for the 9th Circuit, Powers and duties, At Home Corp., Bankruptcy courts

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Equity Investment in Real Estate Development Projects: A Negotiating Guide for Investors and Developers

Article Abstract:

The developer and the investor provide 20% to 35% of the equipment requirement of construction lenders that finance projects. The article gives guidelines for a successful partnership between them.

Brief Article, Investments, Contracts, Building

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