Tag Archives: Loans

Lastest Apartment Loans News

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Atlanta Office of Centerline Capital Group Closes 13 Deals in Second Half of 2012
The deals include: Georgia. – Hunters Run Apartments. Centerline provided a $ 4.8 million loan for the refinance of Hunters Run Apartments, a multifamily facility located in Augusta, Georgia that includes 176 apartments housed in 11, two-tale apartment …
Read more on MarketWatch (press release)

A new source of help for Staten Island's Hurricane Sandy victims
"In addition we can connect you with grants and or loans and state incentives to help you rebuild back greener and healthier than before." Homeowners as well as renters are eligible for the help, as the program is designed to make it simpler for …
Read more on SILive.com

Former bank chair sentenced to prison for concealing insider loans
In 2008, a real estate investor received a $ 750,000 loan to buy an apartment building in Evanston from Regas, which Regas used as collateral in another loan, according to prosecutors. Regas, 82, of Oakbrook, denied the financial relationships with …
Read more on Chicago Tribune

NU?Council approves TIF for apartment complex
NEW ULM – The New Ulm City Council approved establishing a Tax Increment Financing (TIF) District to help Winkelman Building Corporation (WBC) with building a 35-unit apartment complex at 2107 N. Highland Ave. WBC previously applied for TIF districts …
Read more on NUjournal

Lastest Construction Loans News

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FDIC details loans that shuttered American Marine Bank
A 2006 loan made to Pacifica Construction LLC, a company controlled by former American Marine director Dave Berry, was for construction of a luxury home on Bainbridge. The next year, the bank made another loan to a Berry-controlled company called …
Read more on Kitsap Sun

Bridging the gap
Construction will proceed a few units at a time until the project is finished late this year. A few apartments have … Participants learn the ins and outs of real estate transactions and can qualify for lower-interest loans to buy a home of their own …
Read more on Corvallis Gazette Times

Chinese 'Dubai' Turns into Deserted Island
A "seven star" hotel is under construction on the wave-lapped oval, which the provincial tourism authority proclaims as a "fierce competitor" for the title of "eighth wonder of the modern world". But the island stands silent aside from a few … Chinese …
Read more on Naharnet

Site Plot Moratorium: Commentary, No Action
The PACE program provides low-interest loans for owners of commercial properties to invest in energy saving improvements. Changes to the city's living … Members of the task force mentioned in the resolution are: Marcia Higgins (Ward 4 city council …
Read more on The Ann Arbor Chronicle

Beech Street Capital Closes $32.5M In Loans for Embassy Group's Apt. Portfolio …

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Beech Street Capital Closes .5M In Loans for Embassy Group's Apt. Portfolio …
Beech Street Capital recently closed Fannie Mae conventional loans totaling $ 32.5 million used to finance The Embassy Group's acquisition of a four-property multifamily portfolio totaling 770 units in Birmingham, AL. Airmont, NY-based Embassy Group …
Read more on CoStar Group

Average 30-Year Fixed Rate Mortgages Increase Just a Small
Today Freddie Mac is making home possible for one in four homebuyers and is one of the largest sources of financing for multifamily housing. www.FreddieMac.com. Twitter: @FreddieMac. Source: Freddie Mac. If you loved this post, make sure you …
Read more on LoanSafe