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.
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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 …
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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 …
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