Truist Closes Construction Loan for Long Beach Multifamily

Truist recently closed a $152-million construction loan for Marina Shores, a 390-unit multifamily community at 6615 E. Pacific Coast Hwy. in Long Beach. The project is being developed by Carmel Partners. The... Read more »

Servicer hit with $500K penalty over ignored 6% VA loan rate cap

Servicer hit with $500K penalty over ignored 6% VA loan rate cap Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 7 hours ago... Read more »

Kam Sang Acquires Loan on DTLA’s Wells Fargo Center South at Discount

Newmark completed the discounted sale of the $290-million loan collateralized by the fee simple interest in Wells Fargo Center South, a Class A office tower at 355 S. Grand in Downtown Los... Read more »

Culver City Mixed-Use Secures $133M Bank OZK Loan

Lincoln Property Company and McCourt Partners have secured $132.7 million in construction financing from Bank OZK for ElevenOneEleven, a new mixed-use development in Culver City. Senior managing director Lou Friedel and managing director... Read more »

GSEs modernize income, occupancy checks to slash loan risk

GSEs modernize income, occupancy checks to slash loan risk Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 6 hours ago Source link Read more »

‘DSCR Queen’ shares investor loan strategy at AIME Fuse

‘DSCR Queen’ shares investor loan strategy at AIME Fuse Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 2 minutes ago Source link Read more »

Avatar Furnishes Bridge Loan on Fully Leased Santa Ana Warehouse

Avatar Financial Group LLC provided a $4.75-million bridge loan secured by a fully leased warehouse and distribution building in Santa Ana. The two-year, first-lien loan was originated at approximately 60% loan-to-value. The... Read more »

5 Reverse Mortgage Scenarios Loan Originators Should Not Miss

5 Reverse Mortgage Scenarios Loan Originators Should Not Miss Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 1 hour ago Source link Read more »

Gantry Arranges Life Company Loan on Temecula Offices

Gantry has secured a $9-million life company loan to retire a CMBS loan on Vail Ranch Town Square, a low-rise suburban office building located at 32605 Temecula Pkwy. in Temecula. Principal Tony... Read more »