Fleet Bank is considering a loan for the construction of a 390-apartment project in Austin, Texas. The case describes the location, market, product, and other real estate bank factors to consider when making this loan. Also discussed are the financial and construction risks associated with the structuring of the loan.
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by William J. Poorvu, John H. Vogel Jr. Source: Harvard Business School 26 pages. Publication Date: December 22, 1994. Prod. #: 395118-PDF-ENG
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