Author Archives: ipgocorp

Lastest Multifamily Loans News

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TEXT-Fitch downgrades six classes of MLMT 2007-C1
Fitch has designated 88 loans (55.1% of the pool balance) as Fitch Loans of Concern, which includes 20 specially-serviced loans (36.6%). The Negative Outlook on the multifamily-directed class A-1A reflects the possibility for continued underperformance …
Read more on Reuters

Greystone Closes .08 Million Fannie Mae Loan for Multifamily Acquisition in …
CHICAGO, Nov 14, 2012 (BUSINESS WIRE) — Greystone, a leading national provider of multifamily and commercial mortgage loans, announced the origination of a $ 4.08 million Fannie Mae Small Loan for a multifamily property located in Carpentersville, IL.
Read more on MarketWatch (press release)

New York, NY – Meridian Capital arranged six mortgages totaling .6 million
• A new mortgage of $ 26 million was placed by Meridian on three multifamily buildings totaling 222 units located on Fort Washington Ave. The loan features a rate of 3.5% and a 10-year term. Carol Shelby and Dani Sabesan negotiated this transaction.
Read more on New York Real Estate Journal Online

Western Wind closes US$25000000 term loan facility

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Western Wind closes US000000 term loan facility
The term loan is structured in two parts, with the first draw of $ 15,000,000 being available immediately for repayment of the Company's existing corporate bridge financing, transaction costs, arranging and lending fees, reserve accounts, and is secured …
Read more on The Herald | HeraldOnline.com

Knowledge Bridge to help news businesses transition to digital
Media Development Loan Fund (MDLF), the New York-based, “investment fund for independent news outlets in countries with a history of media oppression,” recently launched Knowledge Bridge. The website and monthly newsletter contains best practices, …
Read more on Ventureburn

Bankers eye lucrative returns from Rosneft business

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Bankers eye lucrative returns from Rosneft business
While fees on the initial bridge and term loans are likely to be squeezed as tight as possible, banks will be seeking huge pay days through subsequent bond market deals and other potential supplementary business, such as derivatives transactions, asset …
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Debt crisis: CBI Conference as it happened – November 19, 2012
Eurozone finance ministers will give a tentative go-ahead for the disbursement of €44bn in emergency loans to Greece on Tuesday, but the money will only be paid on December 5 if the country meets all remaining conditions. Officials familiar with …
Read more on Telegraph.co.uk

Accion Appoints New Chief Investment Officer
Mr. Fischer will oversee Accion's investment vehicles, including equity investments in microfinance institutions (MFIs) made through its Gateway Fund; its Bridge Fund loan guarantees; and seed- and early- stage investments, respectively, through Accion …
Read more on PR Web (press release)

Premier League football latest transfer news and rumours, Nov 20
In other Arsenal news, Nicklas Bendtner has expressed mixed emotions about returning to the Gunners after his loan deal expires at Juventus. The striker feels that his future is at Juventus. In Liverpool transfer news, the Reds are in talks with …
Read more on News Tank