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US Concrete's (USCR) CEO Bill Sandbrook on Q2 2017 Results - Earnings Call Transcript

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US Concrete Inc (NASDAQ:USCR) Q2 2017 Earnings Conference Call August 08, 2017 10:00 AM ET Executives Kevin Kohutek - Vice President and Chief Accounting Officer Bill Sandbrook - President and Chief Executive Officer Analysts Trey Grooms - Stephens Inc Adam Thalhimer - Thompson, Davis Scott Schrier - Citi Craig Bibb - CJS Securities Stanley Elliott - Stifel Nicolaus Roresa Mojo - D.A. Davidson Operator Good day, ladies and gentlemen, and welcome to the U.S. Concrete, Inc. Second Quarter 2017 Earnings Conference Call . [ Operator Instructions ] I would now like to introduce your host for today's conference, Kevin Kohutek, Vice President and Chief Accounting Officer . You may begin. Kevin Kohutek Thank you, Israh. Good morning, and welcome to U.S. Concrete's Second Quarter 2017 Earnings Conference Call . Joining me on the call today is Bill Sandbrook, our President and Chief Executive Officer . Bill and I will make some prepared remarks, after which we will open the call to your ...

Capstone Capital Closes $37.6 Million Loan for 348-Unit Apartment Community in Cary, North Carolina

CARY, NC -  Capstone Capital announces the recent financing of Amberton at Stonewater Apartments in Cary, NC. The 348- unit community qualified for a non-recourse, Fannie Mae loan program with a loan amount of $37,584,000 with 3 years of interest only at a rate of 4.49%.Construction of this property was completed in 2014 with 1, 2 and 3 bedroom units and many amenities. Jackson Howard represented the borrower through the completion of the financing. Howard states, “Roy Carroll and The Carroll Companies continue to build class A assets across the Carolinas. We are honored to assist in providing a grand total loan volume of $370,000,000 of optimal financing with maximum leverage to fuel this dominant leader in multifamily development”.  Capstone Capital is a seasoned group of commercial mortgage brokers who share a different view on the business. For us, the borrower is more valuable than the lender. We put our best resources in competition to secure the best...