Community Bankers Trust Corporation Reports Results For First Quarter 2013

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 …
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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)

Preferred Apartment Communities, Inc. Announces Date of Third Quarter 2012

Preferred Apartment Communities, Inc. Announces Date of Third Quarter 2012
As part of our property acquisition strategy, we may enter into forward buy contracts or buy options for to-be-built multifamily communities and we may make mezzanine loans, provide deposit arrangements, or provide performance assurances, …
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Million Construction Loan from CIBC Funds Lightstone Multifamily
A Long Island City residential project is underway thanks to a $ 51 million construction loan provided by Canadian Imperial Bank of Commerce. The Lightstone Group and its sponsored, non-traded REIT Lightstone Value Plus are constructing the 199-unit …
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Centerline Capital Group Refinances a Cooperative Multifamily Property in
The firm's multifamily lending platform services more than $ 11.5 billion in loans. Founded in 1972, Centerline is headquartered in New York City, with 246 employees in ten offices throughout the United States. A strategic partner of Island Capital …
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Xinyuan Real Estate Co., Ltd. Announces Second Quarter 2012 Financial Results

Xinyuan Real Estate Co., Ltd. Announces Second Quarter 2012 Financial Results
10, 2012 — /PRNewswire-Asia/ — Xinyuan Real Estate Co., Ltd. ("Xinyuan" or "the Company") (NYSE: XIN), a residential real estate developer with a focus on high growth, strategic Tier II cities in China, today announced its unaudited financial results …
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Top 10 neighborhoods for real estate investment
Now, the real estate market might be ready to roar. Last spring, the New York City luxury market made a statement with three major sales in a week: highest condo ever sold at more than $ 90 million, One57; highest co-op at $ 54 million, 740 Park; and a …
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REAL ESTATE: Solicitor fees irk agents
2: A stack of newsletters embossed with home safety tips, sales information, a recipe for melon chicken salad and the Prudential California Realty motto: “Dedicated to serving your real estate needs.'' Check. New to the list: The solicitor badge she …
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