New York-based digital mortgage lender Better.com launched a streamline refinance loan product on Monday that aims to help military veterans and service members save money on long-term interest expenses and closing costs.... Read more »
ERG Commercial Real Estate recently sourced a $4.65-million refinance loan on 150 W. 36th St., a Midtown Manhattan office building. The five-story, 13,000-square-foot building, with ground-floor retail, is located between Sixth and Seventh avenues... Read more »
Gantry arranged a $55.9-million purchase money permanent loan to acquire the Huntington Oaks retail center located at 500-600 W. Huntington Dr. in Monrovia. The acquisition encompasses 251,000 square feet of leasable space,... Read more »
The Federal Home Loan Banks (FHLBanks) saw significant growth in support of affordable housing and community development in 2023, according to a report released Thursday by the Federal Housing Finance Agency (FHFA).... Read more »
Archway Capital provided a $22.8-million loan to acquire Simi Valley Town Center. Built in 2005, the 593,827-square-foot retail center is located at 1403-1685 Simi Town Center Way in Simi Valley. The borrower was not... Read more »
Meridian Capital Group, one of the nation’s leading commercial real estate finance, investment sales and retail leasing advisors, announced that Freddie Mac lenders may resume requesting quotes for Meridian-brokered loans beginning on... Read more »
Sixty Collective keeps collecting extensions on a $38 million loan tied to its Sixty Beverly Hills hotel. The New York-based hospitality firm run by brothers Jason, Larry and Michael Pomeranc secured its... Read more »
With interest rates trending downward and refinances picking up, the industry is preparing for an upswing. This shift is welcomed good news given the tough origination market over the last two years.... Read more »
Bridge Industrial secured a $53 million construction loan to finance the redevelopment of Ryder System’s former headquarters into Bridge Point Flagler Station, a Class-A, industrial real estate complex located in Miami. CDPQ... Read more »
Seller repurchases of Freddie Mac mortgages rose to $430 million in the second quarter of 2024, a 29.1% increase from the first quarter, according to an analysis of public filings by Inside... Read more »