Tag Archives: first

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)

Mortgage rates mixed in first week of 2013

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Mortgage rates mixed in first week of 2013
Photo Average mortgage rates fell in one survey but rose in another as the mortgage market started the new year on a mixed note. Freddie Mac reports the benchmark 30-year fixed-rate mortgage (FRM) averaged 3.34 percent in the first three days of this …
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Cambridge BS, BM Solutions and Accord cut mortgage rates
Cambridge Building Society, BM Solutions and Accord are the latest lenders to cut the rates on their mortgage products. From today, Cambridge Building Society has cut its rates by up to 0.7 per cent on its buy products, with a two-year fixed rate …
Read more on Money Marketing