Lastest Commercial Loans News

Business at the cliff
On Tuesday, the voters spoke. On Wednesday and Thursday, investors took a turn. And their concern about the fiscal cliff place financial markets on the defensive. The Dow Jones industrial average dropped 434 points — more than 3 percent. Over the past …
Read more on Chicago Tribune

Sandy's small business victims: We don't want loans!
Over and over, city representatives repeated one word: loans. The U.S. Small Business Administration offers low-interest disaster loans of up to $ 2 million over terms as long as 30 years. The loans are financed directly by the government and capped at …
Read more on CNNMoney

5 Tips for Securing Your Small Business Loan
As long as you are prepared and have done the research ahead of time, getting a small business loan does not need to be a stressful or hard task. Here are a few tips to improve your chances of securing your loan and beginning your small business.
Read more on Resource Nation (blog)

Centerline Provides $25M Multifamily Financing – Daily News Article

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 …
Read more on GlobeSt.com

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 …
Read more on REjournals.com

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.
Read more on Equities.com

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 …
Read more on REjournals.com

Lastest Multifamily Loans News

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 …
Read more on Reuters

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