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 …
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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)