Sunflower Bank and Logos Faith Development announced the closing of a construction loan of approximately $15 million for Logos’ St Rest Phase One, an affordable housing community in South Los Angeles. The project represents the first... Read more »
Dwight Capital has closed a $114-million HUD 223(f) refinance for 224 W 124th St., a 168-unit luxury high-rise residential building in Harlem. Dwight managing director Adam Offman originated the transaction on behalf of the borrower, Rester Management. Loan proceeds will... Read more »
Loan Officers are Going to Washington Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 4 hours ago LatestYour Feed Source link Read more »
Gantry has secured a $40-million permanent loan to retire maturing debt on two cross-collateralized industrial buildings in active Los Angeles industrial submarkets. Both recent vintage buildings are 100% occupied with different single-tenant... Read more »
PGIM’s real estate business has provided a $58.5-million floating-rate loan to refinance One Brattle Square, a mixed-use office and retail property in Cambridge, MA. The core loan was provided to an affiliate of... Read more »
Mortgage applications fell for the fourth straight week—down 0.8% for the week ending April 3, according to the Mortgage Bankers Association. The Market Composite Index, a measure of mortgage loan application volume,... Read more »
A roughly $32 million loan on the Metropolitan building downtown was sent to special servicing after the borrower defaulted on their commercial mortgage-backed securities debt, according to Morningstar Credit. Servicer commentary via... Read more »
Mortgage applications dropped for the second consecutive week as rates moved higher again. Home loan applications decreased 10.5% for the week ending March 20, according to the Mortgage Bankers Association. The Market... Read more »
Most mortgage companies have gotten very good at recruiting. You can measure recruiting. You can count heads. You can show momentum on a spreadsheet and call it growth. Development is harder to... Read more »
Rising Realty Partners defaulted on a $200 million loan on the West7Center, or what was once called the Garland Center, according to a notice of default and election to sell dated early... Read more »