Not exact matches
The maximum
loan amount for improving a
multifamily structure is $ 12,000 per family unit, not to exceed a
total of $ 60,000 for the structure.
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.
ORLANDO — Commercial and
multifamily mortgage bankers originated real estate
loans totaling $ 73.8 billion during 2001, a 19 % increase over the $ 62 billion reported for 2000, according to the Mortgage Bankers Association of America (MBA).
· A $ 12.4 million fixed - rate
loan to refinance the mortgage on two
multifamily buildings with a
total of 50 units covering 60,180 sq. ft. on Adams and Grand Streets in Hoboken.
Throughout 2013, 2,898 lenders made a
total of 44,696
multifamily loans.
Hunt Mortgage Group has secured refinancing for two
multifamily properties in Florida, arranging a
total of $ 24.5 million in
loans for Village at Lake Osborne in Lake Worth and Amelia Oaks in the Miami submarket of Hialeah.
◊ Top Three in
Total Originations Among Banks, MBA Commercial Real Estate /
Multifamily Finance Firms Annual Origination Volumes, 2016 PNC, PNC Bank and Midland
Loan Services are registered marks of The PNC Financial Services Group, Inc. («PNC»).
A
total of $ 267 billion of this year's expected volume would be comprised of
multifamily loans.
Cardwell added that, although
multifamily loans represent only about a tenth of the Fannie and Freddie's
total business, they have helped to offset losses from the single - family business side.
CHICAGO — Aries Capital's Eric Jones, vice president, from the firm's Chicago office has completed a
loan for two
multifamily properties in the Milwaukee, Wisc. area
totaling $ 9.28 million...
CHICAGO — Aries Capital's Eric Jones, vice president, completed a
loan for two
multifamily properties in Chicago's Lincoln Park neighborhood
totaling $ 2.73 million on behalf of borrowers Douglas Crocker II and Matt...
Throw in other types of non-bank lenders, such as Los Angeles - based Mesa West Capital, a privately - held portfolio lender with a capital base of over $ 4 billion, and Red Mortgage Capital, a
multifamily and affordable housing lender that's a subsidiary of Tokyo - based financial services group Orix Corp., and what you get is
total non-bank origination that came to about one - third (34 percent) of
loan originations in our sample.