Los Angeles County is investing more money in affordable housing projects. The Los Angeles County Board of Supervisors approved more than $23 million in loans for two affordable housing developments in Bellflower... Read more »
Fifteen states and the District of Columbia are suing the U.S. Department of Housing and Urban Development, arguing it is unfairly threatening to withhold fair housing funding over political differences. Attorneys general... Read more »
Real estate bridge lender Oak Funding, along with OakNorth Bank, has closed a $78-million co-loan to Bushburg, a vertically integrated real estate firm, to support its acquisition of 100 William St., a... Read more »
Everyone knows about the National Association of Realtors’(NAR) political action committee, but few know about its affiliate nonprofit the American Property Owners Alliance. While NAR’s PAC supports political candidates whose beliefs and... Read more »
Money talks, but interest rates scream. As we peer into the economic crystal ball for 2025 and 2026, one number stands out: the Federal Funds Rate. This key benchmark set by the... Read more »
Despite recent data indicating a poor affordable housing situation in Texas, the city of Houston must return $45 million in unused affordable housing funds to the state after failing to use them... Read more »
Did the Letter of Intent and Declaration of Gift Constitute a Valid Transmutation Agreement? The Letter of Intent our client’s mother and stepfather signed when executing their joint trust constituted a valid... Read more »
ElmTree Funds, a St. Louis-based private equity real estate firm, has opened two new industrial funds, and for the initial investment, the REITs acquired an industrial property located in St. Louis. The... Read more »
Arriba Capital has arranged financing for a $35.75-million ground-up construction loan for an oceanfront Residence Inn by Marriott property in Ormond Beach, FL. The property is being developed by Contender Development. Arriba’s Ryan Bosch... Read more »
The U.S. Department of the Treasury on Tuesday announced a series of new initiatives designed to increase the supply of affordable housing across the country. There are three core provisions of the... Read more »