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Commercial Lending

Commercial Lending (261)

Landlords Grant Retailers Rent Deferrals Due to Coronavirus

Landlords Grant Retailers Rent Deferrals Due to Coronavirus

Sunday, 22 March 2020
Commercial Lending
Written by
Many landlords are offering retailers a temporary break on their rent, according to major landlords and real estate advisers. So reports Yahoo Finance. Read more...
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Finance Pros Ring Alarm About Real Estate Fractional Ownership

Finance Pros Ring Alarm About Real Estate Fractional Ownership

Sunday, 15 March 2020
Commercial Lending
Written by
Financial advisors are sounding notes of caution about what they say are the drawbacks of real estate fractional ownership. So reports Financial Planning. Read more...
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New Rent Rules In NY Pose Risk To Multifamily Lenders Says Fitch Study

New Rent Rules In NY Pose Risk To Multifamily Lenders Says Fitch Study

Tuesday, 18 June 2019
Commercial Lending
Written by
The New York tenant protection legislation enacted last week by the state Legislature has negative credit implications for multifamily lenders with concentrated exposure to the NY metropolitan area, Fitch Ratings says. The new laws, which strengthen tenant protections in New York City (NYC) and the state, do not necessarily translate into immediate ratings revisions for… Read more...
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MBA Survey on LIBOR Transition Finds a Mix of Preparation and Uncertainty Among Commercial and Multifamily Real Estate Firms

MBA Survey on LIBOR Transition Finds a Mix of Preparation and Uncertainty Among Commercial and Multifamily Real Estate Firms

Tuesday, 04 June 2019
Commercial Lending
Written by
Commercial and multifamily real estate finance firms are preparing for the transition away from the London Interbank Offered Rate (LIBOR), but there is little uniformity when it comes to the details, according to the results of a new survey by the Mortgage Bankers Association’s (MBA) LIBOR Outreach Committee. LIBOR is used as the base rate… Read more...
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Commercial/Multifamily Originations Increase 12 Percent in the First Quarter

Commercial/Multifamily Originations Increase 12 Percent in the First Quarter

Tuesday, 14 May 2019
Commercial Lending
Written by
Commercial and multifamily mortgage loan originations rose 12 percent in the first quarter compared to the same period last year , according to the Mortgage Bankers Association’s (MBA) Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. In line with seasonality trends, originations the first three months of the year were 34 percent lower than the fourth… Read more...
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Commercial/Multifamily Originations Rise to Record $573.9 Billion in 2018

Commercial/Multifamily Originations Rise to Record $573.9 Billion in 2018

Thursday, 11 April 2019
Commercial Lending
Written by
Commercial and multifamily mortgage bankers closed a record $573.9 billion in loans in 2018, according to the Mortgage Bankers Association’s (MBA) 2018 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation. Commercial bank portfolios were the leading capital source for whom loans were originated in 2018, responsible for $174.0 billion of the total. The government sponsored… Read more...
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Greystone Provides $58.8 Million in HUD-Insured Financing 

Greystone Provides $58.8 Million in HUD-Insured Financing 

Wednesday, 10 April 2019
Commercial Lending
Written by
Greystone has provided a $58.8 million HUD-insured loan to refinance a skilled nursing facility in Southampton, N.Y. The transaction was originated by Fred Levine, a managing director at Greystone. The $58,848,000 permanent FHA refinance carries a low, fixed interest rate and 35-year term and amortization. The non-recourse loan refinances and consolidates the asset’s existing debt.… Read more...
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Pembrook Closes $33M Deal in the City of Palms

Pembrook Closes $33M Deal in the City of Palms

Monday, 08 April 2019
Commercial Lending
Written by
Pembrook Capital Management invests in commercial real estate with a core emphasis on affordable housing across the United States. The strategy the firm deploys involves commercial real-estate debt, including first mortgages, mezzanine, bridge loans, note financings, and preferred equity. Read more...
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Hunt Finances Acquisition of a Multifamily Property in Crab-Cake Capital

Hunt Finances Acquisition of a Multifamily Property in Crab-Cake Capital

Thursday, 04 April 2019
Commercial Lending
Written by
Hunt Real Estate Capital it provided a conventional Fannie Mae loan in the amount of $15.68 million to finance the acquisition of a multifamily property located in Baltimore. The Park Raven Apartments is a vintage multifamily apartment community that consists of 253 multifamily units. The property was built in 1949, renovated in 2006, and is… Read more...
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MBA's 2018 Rankings of Commercial-Multifamily Origination Volumes

MBA's 2018 Rankings of Commercial-Multifamily Origination Volumes

Monday, 01 April 2019
Commercial Lending
Written by
The Mortgage Bankers Association's rankings, or real estate finance league tables, covering the top commercial-multifamily mortgage originators of 2018. It's designed to provide listings of dozens of different mortgage originators, their 2018 volumes and the different roles they play. The report presents origination volumes in more than 140 categories, including by role, investor group, property… Read more...
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Fannie Mae Completes $11.7B Credit Risk Transfer Deal

Fannie Mae Completes $11.7B Credit Risk Transfer Deal

Tuesday, 26 March 2019
Commercial Lending
Written by
Fannie Mae has completed a multi-tranche credit insurance risk transfer transaction covering a pool of around $11.7 billion of existing multifamily loans in the company's portfolio. The transaction, MCIRT 2019-01, is the fifth credit-risk transaction and designed to increase the role of private capital in the multifamily mortgage market and mitigate risk for taxpayers. "Further… Read more...
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Blaze Partners Acquires Apartment Community in Charlotte, N.C.

Blaze Partners Acquires Apartment Community in Charlotte, N.C.

Sunday, 24 March 2019
Commercial Lending
Written by
Multifamily investment firm Blaze Partners has acquired The Gibson, a 250-unit luxury apartment community in Charlotte, N.C This transaction marks a continuation of the Company's current strategy of acquiring Class A communities within dynamic locations throughout institutional growth markets in the Southeast. "We are thrilled to expand our Charlotte presence and add The Gibson to… Read more...
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