Hunt Refinances 2 Multifamily Properties Located In Beaverton, Oregon Totaling $65 Million
A subsidiary of Hunt Companies, Inc. (Hunt) closed Freddie Mac refinancing for two properties containing a total of 542 multifamily units in Beaverton, Oregon. Historically low interest rates enabled Hunt to secure 10-year loans at 50% loan to value (LTV) with a 2.54% fixed interest rate and full-term (10 years) of interest only. (PRNewsfoto/Hunt Companies) (PRNewsfoto/Hunt Companies) The … Continue reading Hunt Refinances 2 Multifamily Properties Located In Beaverton, Oregon Totaling $65 Million Continue Reading
The Board of Directors of National Retail Properties, Inc., a real estate investment trust, declared a cash dividend on its 5.20% Series F Cumulative Redeemable Preferred Stock of 32.5 cents per depositary share payable September 15, 2020, to shareholders of record on August 31, 2020. National Retail Properties invests primarily in high-quality retail properties subject generally to long-term, net … 
The national median home price rose 8.2% year over year to $323,800 in July, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. This is the third time in four months that prices have hit a new all-time high, as low mortgage rates continued to drive a spike in early homebuyer demand that has not … 
Gardner Capital, a family-owned private equity firm specializing in multifamily housing and renewable energy development and investment, anticipates Sanford’s first new affordable housing complex in several years to open in October. Built on the site of the former Redding Gardens public housing development, Georgetown Square will give precedence to former Redding Gardens residents. Seniors interested in the … 
Twain Financial Partners announced the successful funding of $4.3 MM in Federal Historic Tax Credit (HTC) Equity and $4.4 MM in Commercial Property Assessed Clean Energy (C-PACE) Financing that will help restore the historic Latrobe Apartment House located at 2 East Read Street in Baltimore, MD. Twain’s funding will assist in transforming the 109-year-old building into a 116-room ASH Hotel … 
Luminous Custom Homes has recently joined AR Homes. Building luxury homes in the Houston-area, Luminous Custom Homes will cater to a growing market of custom home buyers. AR Homes is the nation’s largest franchise network of independently-owned custom homebuilders. “As our brand expands its reach into Texas, Luminous Custom Homes is the first franchise within the Houston market,” Jim Rosewater, …