Category Archives: Multifamily Loans

Walker & Dunlop, Inc. CEO Discusses Q1 2013 Results – Earnings Call Transcript

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Walker & Dunlop, Inc. CEO Discusses Q1 2013 Results – Earnings Call Transcript
There are multi-family loans which do not fit Fannie Mae, Freddie Mac and HUD's programs such as interim loans and higher leverage loans. As well Walker & Dunlop's expertise in the multi-family market can and should be used to lend on other commercial …
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Temperamental's downgrades the ratings of six stand-alone housing bond programs to …
$ 8.71 million of Charlotte City Housing Authority, NC, Multi-Family Housing Revenue Bonds (Ginnie Mae Collateralized Mortgage Loan – South Oak Crossing Apartments Project) Series 2006 — rating: Aa1. 2. $ 2.87 million of City of Coon Rapids, MN, …
Read more on Moodys.com (press release) (registration)

Eastern Union Funding Names Richard T. Cassin To Lead New Credit Quality …
Among his accomplishments, he brokered a 20-deal portfolio of multifamily loans valued at $ 100 million. Mr. Cassin was also with Commerce Bank as a senior vice president and head of the commercial real estate division. In this capacity, he was …
Read more on ParamusPost.com

Astoria Federal Savings Appoints Stephen Sipola to Executive Vice President …

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Astoria Federal Savings Appoints Stephen Sipola to Executive Vice President …
The expansion of Astoria's Business Banking Group and the bank's re-entry into the multi-family lending market have proved to be critical components of Astoria's strategic shift in its balance sheet, through repositioned assets and liabilities …
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Banks again compete for realty loans – Miami Today News
… got rid of a lot of terrible-performing loans, and are very nervous for new loans. They are very aggressive." In some situations lenders are vying for deals, he said; there is competition for excellent loans in areas such as healthcare, office and multi …
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Tuesday's Top Tales in the United States
Commercial and multifamily loans had a seasonal dip in the first quarter of 2013 but are still 9% higher compared to last year and demand for commercial mortgage bonds has skyrocketed from a year earlier, the Mortgage Bankers Association said Tuesday.
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Community Bankers Trust Corporation Reports Results For First Quarter 2013

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Community Bankers Trust Corporation Reports Results For First Quarter 2013
The ratio of the allowance for loan losses to nonperforming assets was 42.07% compared with 39.94% at December 31, 2012 and 36.01% at March 31, 2012. Adding diversity to the loan portfolio, multifamily loans increased $ 7.7 million, or 26.7%, on a …
Read more on Daily Markets (press release)

Hudson Realty Capital Secures M First Mortgage Loan for Multifamily …
NEW YORK—Hudson Realty Capital LLC has secured a $ 16 million first mortgage loan secured by a vacant multifamily property on Meserole Street in Brooklyn that was recently constructed. Located in the East Williamsburg section of Brooklyn between …
Read more on National Real Estate Investor

Preferred Apartment Communities, Inc. Announces Mezzanine Loan Investment …
In connection with the mezzanine loan, the Company was granted an option to buy the 308-unit multifamily community between the 37th and 41st months following the closing of the mezzanine loan for a pre-negotiated buy price of approximately …
Read more on MarketWatch (press release)