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Multifamily Commercial Lending News is an EIN News Service for real estate professionals. Constantly updated news and information about reale state.
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  • Resource America, Inc. Reports Operating Results for the Fourth Fiscal Quarter and Fiscal Year Ended September 30, 2009 8 Dec 2009 02:13 GMT
    ... 2008. This includes a portfolio of 49 multifamily properties representing 12,794 apartment units managed by ... of the property with a $13.0 million loan, of which the fund has a 30% ... entities and related parties, net 55,047 35,674 Loans sold, not settled, at fair value - ...

  • Resource America, Inc. Reports Operating Results for the Fourth Fiscal Quarter and Fiscal Year Ended 8 Dec 2009 02:15 GMT
    ... 2008. This includes a portfolio of 49 multifamily properties representing 12,794 apartment units managed by ... of the property with a $13.0 million loan, of which the fund has a 30% ... entities and related parties, net 55,047 35,674 Loans sold, not settled, at fair value - ...

  • Resource America, Inc. Reports Operating Results for the Fourth Fiscal Quarter and Fiscal Year Ended September 30, 2009 (MRW) 8 Dec 2009 02:15 GMT
    ... 2008. This includes a portfolio of 49 multifamily properties representing 12,794 apartment units managed by ... of the property with a $13.0 million loan, of which the fund has a 30% ... entities and related parties, net 55,047 35,674 Loans sold, not settled, at fair value - ...

  • Bolstering My Negative Economic Outlook 8 Dec 2009 09:16 GMT
    ... estate finance industry: Delinquency rates continued to increase in the third quarter for most commercial/multifamily mortgage investor groups, according to the Mortgage Bankers Association’s (MBA) Commercial/Multifamily Delinquency Report. ...

  • Q3 Commercial, Multifamily Mortgage Performance Falls 7 Dec 2009 20:18 GMT
    ... increase in the third quarter for most commercial/multifamily mortgage investor groups, according to the Mortgage ... research. "The deterioration in commercial and multifamily loan performance is generally in line with what ... in other parts of the economy, with loans backed by commercial properties continuing to perform ...

  • MBA: Commercial/multifamily mortgage delinquency rates continued to rise in Q3 7 Dec 2009 16:56 GMT
    ... Delinquency rates across most types of commercial/multifamily mortgage groups to rise in the third ... 7. "The deterioration in commercial and multifamily loan performance is generally in line with what ... in other parts of the economy, with loans backed by commercial properties continuing to perform ...

  • Gresham offers $10,000 loans for those wanting to buy foreclosed homes 7 Dec 2009 20:44 GMT
    ... Troutdale, Sandy and Corbett Gresham offers $10,000 loans for those wanting to buy foreclosed homes ... able to help with a $10,000 interest-free loan. The program, which Congress adopted last year, ... an idea." It will probably be a multifamily project. "I think it's really challenging to ...

  • For New York Community, opportunity and risk with AmTrust 7 Dec 2009 20:41 GMT
    ... billion in performing single-family mortgage and consumer loans, which are subject to a loss-share agreement ... deal, New York Community, a specialist in multifamily housing loans, moves well beyond its New ... New York Community fund its core multifamily lending business, while the loans it gets in ...

  • Commercial MBS Delinquencies Rise in Third Quarter 7 Dec 2009 20:18 GMT
    ... by the Mortgage Bankers Association (MBA). MBA's Commercial/Multifamily Delinquency Report tracks commercial delinquencies among five ... quarter the 30+ day delinquency rate for loans held in commercial mortgage-backed securities (CMBS) rose ... "owner occupied" commercial loans in which the loan is supported by the income of the ...

  • CMBS Reaches 4.06% Delinquent in Q309, MBA Says 7 Dec 2009 17:39 GMT
    ... The commercial/multifamily mortgage delinquency rates among investor groups over ... in “The deterioration in commercial and multifamily loan performance is generally in line with what ... in other parts of the economy, with loans backed by commercial properties continuing to perform ...

  • Fitch Downgrades 10 Classes from GMAC 2005-C1; Assigns Outlooks and LS Ratings 7 Dec 2009 21:41 GMT
    ... losses of 5.5% since most of the loans mature in the next five years. To ... years. To determine potential defaults for each loan Fitch assumed cash flow would decline by ... default. Briarwood Hills Apartments is a 175-unit multifamily property located in North Haven, CT. The ...

  • New York Community Bancorp (NYB) Announces Acquisition of AM Trust Bank 7 Dec 2009 19:23 GMT
    ... billion of performing residential mortgage and consumer loans subject to an FDIC loss sharing agreement, ... NY area, where they have a strong multifamily rent regulated lending niche that continues to grow in excess ...

  • Freddie Mac says Atlanta hit hard 7 Dec 2009 06:15 GMT
    ... , the nation’s second-largest mortgage company, says Atlanta has been one of ... the challenges Freddie Mac faced on some loans that helped finance the acquisitions of multifamily projects. Freddie Mac and other lenders were ...

  • NY Community Bancorp to offer 60 million shares, stock rises 7 Dec 2009 14:53 GMT
    ... ( ), a top U.S. savings and loan, said it will offer 60 million shares ... deal. New York Community, which specializes in loans for multifamily housing, mainly secured by rent-regulated properties, had ...

  • UPDATE 2-NY Community Bancorp to offer 60 mln shrs, stock rises 7 Dec 2009 14:55 GMT
    ... Bancorp Inc, a top U.S. savings and loan, said it will offer 60 million shares ... deal. New York Community, which specializes in loans for multifamily housing, mainly secured by rent-regulated properties, had ...


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