Apartment market booming in downtown St. Paul
Those pending changes in downtown coincide with lenders' increased appetite for deals involving apartment buildings. "Multifamily is viewed as less risky than loans on other property types," said Murray Kornberg, a senior vice president at CBRE …
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Co-op City Gets 1M Refi
… will save Co-op City and its residents more than $ 150 million over the 14-year remaining term of the current loan and eliminate refinancing risk should interest rates rise,” says Alan Wiener, managing director of Wells Fargo Multifamily Capital, in …
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Preferred Apartment Communities Small Thesis
The company currently generates income from three multi-family properties, and 9 loan originations. Preferred Apartment Communities is structured as an UPREIT, with 100% general partnership interest in Preferred Apartment Communities Operating …
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