Mortgage applications increased for a third straight week—11% from the week prior, according to the Mortgage Bankers Association for the week ending Feb. 27. New home loans and refinancing contributed to the... Read more »
Meridian Capital Group has arranged $63,503,000 in Freddie Mac financing for Wayne Village, a 275-unit garden-style apartment community located at 27 Lancaster St. in Wayne, NJ. The financing was negotiated by Matt... Read more »
When you start searching for mortgage options, you will probably find out that there are different types of mortgage loans to choose from for an investment property. With so many types of loans,... Read more »
California Legal Implications: Financial Stability and Gap Planning Governor Gavin Newsom recently signed AB/SB 117, authorizing a $590 million emergency loan to support Bay Area transit agencies, including BART, Muni, Caltrain, and... Read more »
Lionheart Strategic Management LLC, an affiliate of Fisher Brothers, closed on a $50-million senior loan for Modelo, a 13.8-acre master-planned mixed-use site located in City of Commerce in Los Angeles County. The project... Read more »
The debt on an office building in West Los Angeles’ Sawtelle Japantown neighborhood landed in special servicing after the borrower failed to pay it off at its January maturity date, according to... Read more »
JLL Capital Markets recently arranged $65.1 million in senior construction financing for Ellis Avenue Logistics Center, a 631,011-square-foot Class A industrial facility under development in Perris. Senior managing director Greg Brown, associate Allie Black and senior... 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 »
Getting a mortgage is one of the biggest financial commitments you’ll make, and understanding how it works is essential before you start house hunting. The process involves more than just applying for... Read more »
High Street Residential (HSR), the residential subsidiary of Trammell Crow Company, and joint venture partner Haseko North America have closed on land and secured a loan for Jules San Pedro, an eight-story,... Read more »