Lastest Multifamily Loans News

Equity Residential Announces New Financing Activities in Preparation for
CHICAGO–(BUSINESS WIRE)– Equity Residential (NYS: EQR) today announced that the company has entered into a new unsecured revolving credit facility and term loan as it positions itself for the closing of the Archstone acquisition in the first quarter …
Read more on DailyFinance

Freddie Mac: Consumer Confidence Remains Steady During First Month of 2013
Today Freddie Mac is making home possible for one in four homebuyers and is one of the largest sources of financing for multifamily housing. www.FreddieMac.com. If you loved this post, make sure you subscribe to my RSS feed! Tags:Economy News …
Read more on LoanSafe

BankUnited Refinances Loans Totaling $145 Million For Maitland-Based

BankUnited Refinances Loans Totaling 5 Million For Maitland-Based
(BUSINESS WIRE)– BankUnited (NYS: BKU) today announced it provided more than $ 145 million in loans for Maitland-based CED Companies, which specializes in building affordable multifamily communities, and its affiliate Concord Management Limited, …
Read more on DailyFinance

Senate Confirms FHA Commissioner
It allows borrowers to buy homes with down payments as low as 3.5% and has accounted for nearly one-third of loans used to buy homes over the past year. … Ms. Galante was previously a deputy assistant secretary for multifamily housing at HUD.
Read more on Wall Street Journal

Apartment market booming in downtown St. Paul

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 …
Read more on Pioneer Press

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 …
Read more on GlobeSt.com

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 …
Read more on Seeking Alpha