Tag Archives: Capital

Centerline Capital Group Facilitates the Acquisition of a Multifamily Property …

Posted on by

Centerline Capital Group Facilitates the Acquisition of a Multifamily Property …
The firm's multifamily lending platform services more than $ 11.5 billion in loans. Founded in 1972, Centerline is headquartered in New York City, with 246 employees in ten offices throughout the United States. A strategic partner of Island Capital …
Read more on Reuters

MBA Reports That Commercial and Multifamily Mortgage Delinquency Rates …
During the second quarter of 2012, the 60+ day delinquency rate for commercial and multifamily mortgages held in life company portfolios increased 0.01 percentage points to 0.15 percent. The 60+ day delinquency rate for multifamily loans held or …
Read more on LoanSafe

Centerline Capital Group Finances the Acquisition of a Multifamily Property in …

Posted on by

Centerline Capital Group Finances the Acquisition of a Multifamily Property in …
The borrower is Haverford, LLC, owned by Scott and Melissa Riegel, a small, local hands-on owner/manager with more than 20 years of experience in the multifamily industry. The loan term is 10 years with a rate of 3.9% and two-years interest-only.
Read more on Reuters

Madison Realty Capital Completes Six Transactions for Non-performing Notes …
JP Morgan Chase loan portfolio consisting of 10 defaulted first mortgage loans collateralized by six multifamily and four mixed-use properties located throughout Brooklyn, Queens and the Bronx. Principal balance: $ 9.60 million. Capital One portfolio …
Read more on Sacramento Bee

Commercial Mortgage Delinquency Rates Fall
“Commercial and multifamily delinquency rates for life companies, Fannie Mae and Freddie Mac all remain quite low, and the delinquency rate for bank-held loans continues to decline,” Jamie Woodwell, MBA's vice president of Commercial Real Estate …
Read more on Commercial Observer

Capital Financial Global Launches Residential Hard Money Lending Division

Posted on by

Capital Financial Global Launches Residential Hard Money Lending Division
"I'm pleased to let shareholders know we have all the pieces now in place and have launched our residential hard money lending program," said Mr. Paul Norat, CEO of Capital Financial Global, Inc. "We are lucky to have Mr. Heath Markovetz to head the …
Read more on Sacramento Bee

Federal Grand jury probes Gov. Guinn's son
A former employee of Jeff Guinn, the son of former Governor Kenny Guinn, has been subpoenaed to appear before a federal grand jury investigating Guinn and his hard-money lending company Aspen Financial. That's just one of the startling revelations …
Read more on Las Vegas Sun (blog)

Kennedy Funding Completes .338 Million Financing for South Carolina …
America's leading direct, hard money lender, Kennedy Funding specializes in bridge loans for commercial property and land acquisition, development, workouts, bankruptcies, and foreclosures. The firm's creative financing expertise enables the closing of …
Read more on Sacramento Bee