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

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 …
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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 …
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Bel Air approves loan for new cookie bakery on Main Street

Bel Air approves loan for new cookie bakery on Main Street
The loan is the first approved under a new small business revolving loan fund the town government set up in the past year, using $ 75,000 in town funds and a $ 50,000 state community legacy grant. The revolving loan fund is designed to provide low cost …
Read more on Baltimore Sun (blog)

Fifth Third tops charts for loan, deposit growth
Fifth Third CEO Kevin Kabat said in a conference call last month to discuss fourth-quarter earnings that Fifth Third's efforts to focus on loan growth have paid off. It has hired several lenders, particularly to handle business loans. Its commercial …
Read more on Business Courier of Cincinnati (blog)

FirstMerit profits jump by 25 percent last quarter as commercial loans soar
FirstMerit Corp. today said fourth-quarter profits soared by 25 percent, thanks in part to a 65 percent jump in commercial loan production for the fourth quarter. The Akron bank also cited declining loan losses and shrinking expenses. The bank earned …
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Factoring Loan Alternative Now Offered from Lenders Commercial Finance
Designed to help entrepreneurs overcome the limitations of traditional business loans, LCF loan programs can solve a number of business challenges – building out or acquiring the inventory needed to book and fill new orders, meeting outstanding …
Read more on PR Web (press release)