Sentences with phrase «multifamily development mortgages»
Throughout his career, Staton has underwritten and closed more than 200 multifamily development mortgages with a collective value in excess of $ 1 billion.
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A part of the United States Department of Housing and Urban Development (HUD), FHA provides mortgage insurance on single - family, multifamily, manufactured homes and hospital loans made by FHA - approved lenders throughout the United States and its territories.»
«The New York City Energy Efficiency Corporation (NYCEEC), a leading provider of clean energy and energy efficiency financing solutions, is providing a green mortgage to a new Passive House multifamily development in Harlem.
LOS ANGELES AND ATLANTA — Cohen & Associates, a Los Angeles - based real estate investment firm, has refinanced the multifamily portion of a six - year - old, mixed used development in Downtown Atlanta's Historic Auburn Avenue District with a $ 10 million loan from Prudential Mortgage.
NEW YORK CITY — Pembrook Capital Management LLC (Pembrook), a commercial real estate investment manager that provides financing throughout the capital structure including first mortgages, mezzanine, bridge loans, note financings, and preferred equity for most property types, as well as tax - exempt bond financing for the acquisition, construction and rehabilitation of multifamily housing, announced the closing of a $ 7.5 million preferred equity transaction that will be used to facilitate the construction of Lincoln Park, a Brooklyn, NY development consisting of two Class A, multi-family apartment buildings, totaling 133 units.
Most recently, he served as director of multifamily programs and lending, where he was responsible for analyzing multifamily developments to determine risk levels for primary and secondary mortgage financing.
In the latest episode of The REIT Report: NAREIT's Weekly Podcast, Britton Costa of Fitch Ratings discussed how developments in the housing and mortgage markets are affecting the multifamily REIT sector.
Transforming it into a completely new 39 - story mixed - income, mixed - use development with luxury apartments, offices, retail, municipal offices, and affordable and low - income housing required structuring California's largest ever multifamily tax - exempt mortgage revenue bond.
In this role, he is responsible for overseeing MBA's industry surveys, benchmarking studies, economic and mortgage originations forecasts, industry technology efforts, and policy development research for both single - family and commercial / multifamily markets.