Riverside Apartments Trade with Interest-Only Loan Assumption

Riverside Apartments Trade with Interest-Only Loan Assumption

CBRE arranged the $10.15-million sale of the 44-unit Ramona Oaks Apartments at 3401 Ramona Drive in Riverside. The firm’s Eric Chen, Kevin Sin and Blake Torgerson represented both the buyer, WeJ&J LLC, and the seller, AB Ramona Oaks.... Read more »
Gordon: FHA is examining mortgage loan assumption rules, hoping for a new partial claim option

Gordon: FHA is examining mortgage loan assumption rules, hoping for a new partial claim option

The Federal Housing Administration (FHA) is working to offer a new partial claim option before the end of 2023, according to the federal housing commissioner at the U.S. Department of Housing and Urban Development (HUD), Julia... Read more »