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Like most banks, JPMorgan had expected the federal reserve board to raise interest rates at least a couple of times this year and its recent decision to hit pause on rate hikes could crimp profit.
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These loans include: million to sponsors Sam and Daniel Moon for the Renaissance Dallas at Plano Legacy West located at 6007 Legacy Drive in Plano, Texas; $20.5 million to sponsor David J. Kenny.
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has originated an $87.9 million construction loan to a joint venture between Pearlstone Partners and Newgard Development Group for the development of 48 East, a 33-story, state-of-the-art property.
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