Tag Archives: MultiFamily

Centerline Provides $25M Multifamily Financing – Daily News Article

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Centerline Provides M Multifamily Financing – Daily News Article
Patmon Torcello LP, a Delaware limited partnership sponsored by Charles G. Patmon III, received an $ 8.5-million Fannie Mae loan to finance Torcello Apartments, a garden-style multifamily facility in Stockton. The property consists of 302 units that …
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Alliant's Chicago office closes million multifamily portfolio loan
Alliant Capital LLC has announced the closing on a portfolio of six multifamily properties located along Chicago's north side totaling $ 35 million for an Alliant repeat client. The transaction was originated by Aaron Abelson, Alliant's senior vice …
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The Lending Circle Examines a New Mortgage Bankers Association Report on …
The MBA analysis summarizes both loan holdings and securitized loans. Reporting of commercial and multifamily mortgage debt has been recently improved by the MBA. It now excludes some categories of loans that were previously included in the data.
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Johnson Capital closes million loan for multi-family property in Indianapolis
Kent Carpenter with Johnson Capital, a national real estate capital advisory firm, recently arranged an $ 11.2 million permanent loan for a Class-A 148-unit multi-family property located in Indianapolis. The garden-style complex is about 10 years ancient …
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Lastest Multifamily Loans News

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TEXT-Fitch downgrades six classes of MLMT 2007-C1
Fitch has designated 88 loans (55.1% of the pool balance) as Fitch Loans of Concern, which includes 20 specially-serviced loans (36.6%). The Negative Outlook on the multifamily-directed class A-1A reflects the possibility for continued underperformance …
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Greystone Closes .08 Million Fannie Mae Loan for Multifamily Acquisition in …
CHICAGO, Nov 14, 2012 (BUSINESS WIRE) — Greystone, a leading national provider of multifamily and commercial mortgage loans, announced the origination of a $ 4.08 million Fannie Mae Small Loan for a multifamily property located in Carpentersville, IL.
Read more on MarketWatch (press release)

New York, NY – Meridian Capital arranged six mortgages totaling .6 million
• A new mortgage of $ 26 million was placed by Meridian on three multifamily buildings totaling 222 units located on Fort Washington Ave. The loan features a rate of 3.5% and a 10-year term. Carol Shelby and Dani Sabesan negotiated this transaction.
Read more on New York Real Estate Journal Online

Low vacancy rates driving multi-family financing boom

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Low vacancy rates driving multi-family financing boom
A growing amount of money is flowing to finance the buy of existing apartment complexes in Orlando, which ultimately is benefiting area lenders, real estate brokers, contractors and suppliers. Loans to buy or refinance existing Orlando multi …
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Banks urged to disburse money to rescue property market
Though the real estate prices have dropped by 30-40 percent, apartments still have been left unsold, because both buyers and real estate developers still cannot access bank loans. Banks have announced the programs to fund individuals' plans to buy …
Read more on VietNamNet Bridge

Irish Homes Drawing Buyers After Market Crash: Mortgages
“It's the first time I've bought in Ireland,” said Neil Cotter, a 47-year-ancient accountant based in Gibraltar who bought three apartments in Dublin last month at a sale of distressed real estate. “I just had a look at all the markets in Europe and it …
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Frankfurt Turns Offices to Homes as Excesses Lift Vacancy
“Some older buildings are so expensive to turn into apartments that banks are not playing along,” he said. “There are lots of buildings that have potential, but because of financing difficulties they just stand empty.” The concerns are sometimes …
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