Subscribe to this RSS feed
Commercial Lending

Commercial Lending (174)

Fannie Mae Increases Loan Limit on Small Multifamily Properties

Fannie Mae Increases Loan Limit on Small Multifamily Properties

Monday, 04 February 2019
Commercial Lending
Written by
Fannie Mae has increased the loan limit of small multifamily mortgage loans to $6 million, from $3 million or less nationwide and $5 million or less in high-cost markets. The objective was to ensure an… Read more...
Tagged under
Spirit Bascom Acquires Building in Posh N.J. Town

Spirit Bascom Acquires Building in Posh N.J. Town

Friday, 01 February 2019
Commercial Lending
Written by
Spirit Bascom Ventures, a partnership between Spirit Investment Partners and The Bascom Group LLC, has purchased the 30-unit apartment building at 204 Grand Street in Hoboken, N.J. The $15,500,000 acquisition closed in mid-January. Spirit Bascom… Read more...
Tagged under
Mill Creek Breaks Ground on Upscale San Diego Development

Mill Creek Breaks Ground on Upscale San Diego Development

Thursday, 31 January 2019
Commercial Lending
Written by
Mill Creek Residential, a multifamily investor and operator, has begun construction on Modera San Diego, a luxury apartment community in the East Village neighborhood of San Diego. The seven-story community is the company’s first foray… Read more...
Tagged under
American Street Brokers Three Deals in Midwest

American Street Brokers Three Deals in Midwest

Wednesday, 30 January 2019
Commercial Lending
Written by
Hunt Real Estate Capital, a commercial real-estate lender, has financed three multifamily properties, two in Chicago and one in Lakewood, Ohio. The deals were brought to the firm by American Street Capital, a correspondent broker… Read more...
Tagged under
Redwood Participating in a Multifamily Fund

Redwood Participating in a Multifamily Fund

Tuesday, 29 January 2019
Commercial Lending
Written by
Redwood Trust Inc. is participating in a multifamily whole-loan investment fund in a bid to expand its access to rental-housing credit. Earlier in January, Redwood invested in a limited partnership created to acquire up to … Read more...
Tagged under
Greystone Ranks No. 1 in Fannie Mae Small Loans

Greystone Ranks No. 1 in Fannie Mae Small Loans

Monday, 28 January 2019
Commercial Lending
Written by
Greystone, a commercial real-estate lending, investment, and advisory company, ranked No. 1 in small loan production in the delegated underwriting and servicing program from Fannie Mae in 2018. With $3.9 billion in Fannie Mae loan… Read more...
Tagged under
3650 REIT Funds $27.5M Construction Loan in Phoenix

3650 REIT Funds $27.5M Construction Loan in Phoenix

Friday, 25 January 2019
Commercial Lending
Written by
3650 REIT has funded a $27.5 million senior construction loan to Greenlight Communities for the development of a 252-unit affordable multifamily project in Phoenix. Churchill Commercial Capital, a commercial mortgage bank in Phoenix, was responsible… Read more...
Tagged under
Hunt Completes Affordable Multifamily Loan

Hunt Completes Affordable Multifamily Loan

Thursday, 24 January 2019
Commercial Lending
Written by
Hunt Real Estate Capital has arranged a Fannie Mae affordable multifamily loan in the amount of $19.5 million to finance the acquisition of a multifamily property, located in Austin, Texas. Blunn Creek Apartments consists of… Read more...
Tagged under
Elevation Financial Sells Baton Rouge Housing Community

Elevation Financial Sells Baton Rouge Housing Community

Wednesday, 23 January 2019
Commercial Lending
Written by
Elevation Financial Group, a provider of senior and multifamily affordable housing, has sold Serenity Apartments at Baton Rouge. The 328-unit multifamily community sold for $15.5 million or $47,256/unit. Elevation purchased the property in August 2016 … Read more...
Tagged under
Freddie Mac, RBC Close $180M Low-Income Fund

Freddie Mac, RBC Close $180M Low-Income Fund

Tuesday, 22 January 2019
Commercial Lending
Written by
Freddie Mac and RBC Capital Markets’ Tax Credit Equity Group have closed a $180 million Low-Income Housing Tax Credit Fund, and they have already completed several transactions. Ten transactions have closed, including two in Puerto… Read more...
Tagged under
Greystone Provides $14.7M in Freddie Mac Loan

Greystone Provides $14.7M in Freddie Mac Loan

Monday, 21 January 2019
Commercial Lending
Written by
Greystone, a commercial real estate lending company, has provided a $14,796,000 million Freddie Mac loan for the acquisition of SouthGlenn Place, a multifamily property located in Denver. The financing was originated by Ana Ramos of… Read more...
Tagged under
NAPA Sells Four Properties

NAPA Sells Four Properties

Friday, 18 January 2019
Commercial Lending
Written by
NAPA Ventures has sold four Dallas-based properties--Westwood Apartments, Ravenwood Apartments, Oates Creek Apartments and Brandon Mill Apartments. Combined these units make up roughly 700 of NAPA's almost 4000-unit portfolio, and are the latest sales completed… Read more...
Tagged under

FOLLOW US

click me
PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.
Ok Decline