DUMBO condo setting price records as lender approval drives sales
Hope Street Capital announced that 98 Front Street, DUMBO’s newest ground up condominium, is welcoming its first residents with over 50 closings occurring by the end
Tag : fannie mae
Bosnian investors land $12M refi’ for Astoria rental
Arbor Realty Trust, a leading multifamily and commercial mortgage lender, has financed Fannie Mae loans in seven states across the U.S. The properties, made up
Bronx investor refinances trio of properties with $25M loan
Black Bear Capital Partners (BBCP) has arranged $25.5 million in permanent financing on behalf of a private investor for the refinance of three multi-family properties in the Bronx, NY.
CSRE Group bags $18M loan for CT multifamily buy
New Jersey-based CSRE Group has secured $18.58 million in acquisition financing for the purchased of a 177-unit multifamily portfolio in New Haven, CT. Greystone provided
Camber jumps into NJ affordable housing market
Camber Property Group has purchased the nine-building Salem Lafayette Apartment portfolio for $21.5 million – the Manhattan-based firm’s first acquisition in New Jersey. The 74-unit,
Fannie Mae extends eviction moratorium until Dec. 31
Fannie Mae today announced an extension of the temporary moratorium on foreclosures and evictions until December 31, 2020. The moratorium, which was previously set to
UMH closes $106M Wells Fargo financing package
New Jersey based REIT, UMH Properties, Inc. has completed the financing of 28 of its unencumbered communities, containing approximately 4,100 sites, through Wells Fargo Bank, N.
Things aren’t as bad as they look, say Feds
A faster-than-expected pace of recovery in the second quarter contributed to an improvement in expectations for full-year 2020 economic growth, according to the latest commentary
Greystone, Lappin JV a ‘life raft’ for affordable housing owners
Investment advisor Greystone has formed a joint venture with affordable housing company Lappin Associates. The joint venture will aim to deploy billions in capital for
Meir Tabak refinances Queens multifamily portfolio
Greystone has provided $30,865,000 in Fannie Mae Delegated Underwriting and Servicing (DUS) loans to refinance several multifamily properties in Queens, NYC. The transactions were originated