The 12-year Fannie Mae DUS loan holds a 30-year amortizing structure, with eight years yield maintenance and is interest-only for the first two years.
CRE multifamily lenders are shifting focus amid new Federal Housing Finance Agency regulations and increased demand for affordable housing Commercial real estate lenders are looking to ramp up the financing of lower-to-moderate income multifamily housing in 2016 as agency lenders see their lending caps increased and the high-end condo and rental markets, particularly in gateway cities […]
Internet fulfilment centres have boosted the US industrial real estate debt market, experts say, with last year’s asset sales climbing for the sixth year in a row, reports Justin Slaughter.
The five-year, floating rate loan with extension options marks Mesa West’s third real estate deal with CapRidge in Austin and the firms’ fourth deal ever, Real Estate Capital has learned.
CPPIB Credit Investments will acquire €150 million of the bond, while Cairn Capital will purchase the remaining €30 million and manage all funds. The bond is secured by prime real estate assets in Bucharest, Romania.
The developer filed city applications to build a nine-story, 169-unit mixed-use building measuring roughly 112,300 sq ft at the vacant lot at 11-55 49th Avenue, in Long Island City.
The bank has provided a $65 million financing on the Stewart and Company office building and city landmark in Midtown Manhattan.
Bank of the Ozarks has provided $61.01 million in financing on a hotel development project in the Financial District in Manhattan.
Berkeley Point Capital has reportedly provided a $70 million Fannie Mae acquisition loan on a total of two apartment buildings in Portland, Maine.
The Fort Amsterdam Capital platform has already done a few deals this year, Schwartz told Real Estate Capital. In general, the deals have been in the New York area and with new-comers to the market or those who have difficulty securing financing otherwise.