389-Unit Apartment Property Opens in Morgan Hill, Calif.
April 24, 2024
SL Green to Sell Palisades, N.Y., Event Space for $26.25Mln
April 24, 2024
February 6, 2004 Municipal Mortgage & Equity, a Baltimore lender that recently was tapped by Freddie Mac to provide mortgages to affordable multifamily properties across the nation, has adopted MortgageRamp's DealCentral loan-origination platform.The lender, commonly referred to as MuniMae, will ...
February 6, 2004 Meridian Capital has appointed Andrew Weiss head of its Mid-Atlantic region.Weiss will manage the regional sales team as well as local debt placement activities. He will work out of the company's Bethesda, Md., office.Opening shop in Maryland ...
The agency has evidently called off plans to offer what was expected to be a portfolio of $500 million of subsidized apartment loans. But it is going forward with an effort to sell $250 million of unsubsidized loans. Offers will ...
February 5, 2004 Fitch Ratings has upgraded four classes of GS Mortgage Securities Corp. II, 1997 GL-I, because a loan representing 10 percent of the deal's balance has been defeased, or replaced with Treasury securities.The rating agency upgraded the deal's:– ...
February 5, 2004 Commercial Real Estate Direct Staff ReportBanc of America Securities has published a list of large loans that have been chopped up and scattered among multiple CMBS transactions.The list, which the investment bank compiled to help investors keep ...
February 5, 2004 Fitch Ratings has upgraded two classes of Morgan Stanley Capital I Inc., 1997-XL1, because three of the deal's collateral loans, totaling 44.6 percent of its balance, have been defeased, or replaced with Treasury securities.The loans that have ...
Some residential lenders have begun aggressively writing small-balance commercial mortgages with the expectation that the loans would be securitized. Small loans have been securitized in the past, but those deals generally involved seasoned loans.
Freddie Mac closed a record breaking $22.6 billion in multifamily loans in 2003. The lender had expected volume to drop substantially from the $14.5 billion originated the year before. But low interest rates allowed it to sharply exceed that level.
February 4, 2004 PPM America has provided $36 million of financing for the San Diego Marriott Del Mar, a 284-unit hotel in San Diego.The five-year mortgage was arranged by Holliday Fenoglio Fowler's San Diego and Los Angeles offices. The loan ...
February 4, 2004 Moody's Investors Service has downgraded two junior classes of Prudential Securities Secured Financing Corp., 1998-C1, because of losses they have suffered.At the same time, however, the rating agency upgraded five of the deal's more senior classes because ...
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© 2023 Commercial Real Estate Direct All rights reserved..