Lastest Apartment Loans News

Sentul City eyes 42% increase in revenue despite new down payment policy
Property developer PT Sentul City (BKSL) predicts that the new down payment regulation on housing and apartment loans will have no impact on its sales this year as the publicly listed company aims to reap Rp 650 billion (US$ 67.78 million) in net …
Read more on Jakarta Post

Prudential Adds Wells Fargo Bankers in Apartment Push
(WFC) to bolster the unit making loans for multifamily dwellings. McAllister will work in San Francisco and Morfin in a new Carlsbad, California, office, according to a statement today from Newark, New Jersey-based Prudential. They will focus on loans …
Read more on Businessweek

Ugly No Barrier for Apartment Sales in German Boom: Mortgages

Hideous No Barrier for Apartment Sales in German Boom: Mortgages
Buyers of large residential holdings should have plenty of choice as investors including private-equity firms sell nearly 100,000 apartments this year to repay debt taken on before the market peaked in 2008. Loans for the deals were typically packaged …
Read more on San Francisco Chronicle

Commercial and Multifamily Mortgage Delinquency Rates Continue to Decline
During the second quarter of 2012, the 60-plus day delinquency rate for commercial and multifamily mortgages held in life company portfolios increased 0.01 percentage points to 0.15 percent. The 60-plus day delinquency rate for multifamily loans held …
Read more on National Mortgage Professional Magazine

Slowing Job Creation, Tight Lending Hampers US Commercial Market Recovery
"The difficulty small businesses have in getting commercial real estate loans for leasing or buy is keeping a lid on demand," Yun clarified. "Multifamily is the only commercial sector with a notable growth in new space, with some lending provided …
Read more on World Property Channel

Lastest Apartment Loans News

Baltimore Apartment Secures M Fannie Mae Loan – Daily News Article
The fixed-rate loans have a 10-year term, 9.5 years of yield maintenance and 30 years of amortization payable on an actual/360 basis. Kings Mill Apartments is a 611-unit property located in Essex, Baltimore County. Tall Oaks Apartments is a 296-unit …
Read more on GlobeSt.com

Pembrook Capital Management Completes .5 Million of Real Estate
Pembrook is providing a $ 6.0 million mezzanine loan for the acquisition and light rehabilitation of a 200-unit multifamily property in Columbia, MD, known as Stonehaven Apartments. Built in 1999, the property is 95% occupied and located in the thriving …
Read more on Sacramento Bee

Pembrook Capital Management Completes .5 Million of Real Estate
Pembrook is providing a $ 6.0 million mezzanine loan for the acquisition and light rehabilitation of a 200-unit multifamily property in Columbia, MD, known as Stonehaven Apartments. Built in 1999, the property is 95% occupied and located in the thriving …
Read more on The Herald | HeraldOnline.com