January 22, 2022
  • January 22, 2022

Mortgage loans

Pembrook Provides $ 15.35 Million First Mortgage to Acquire and Renovate Parkwood Apartments in Los Angeles County

by on September 24, 2021 0

Pembrook Capital has provided an initial mortgage loan of $ 15.35 million for the acquisition of Parkwood Apartments, a 90-unit multi-family building in Lancaster, California. Pembrook Capital Management LLC (Pembrook), one of the nation’s leading bridge lenders for affordable housing, has provided an initial mortgage loan of $ 15.35 million for the acquisition of...

Read More

Australian regulators watch mortgage boom

by on September 23, 2021 0

SYDNEY: The booming real estate market in Australia is causing a buildup of consumer debt that could become a risk to financial stability, a major central banker warned yesterday, while noting that the strength was positive for the economy in his together. In a speech on housing, Reserve Bank of Australia (RBA) deputy governor...

Read More

CORRECT and REPLACE Asia Capital Real Estate (ACRE) grants 11 loans totaling $ 358 million for multi-family properties in the United States

by on September 21, 2021 0

NEW YORK–(COMMERCIAL THREAD) – Please replace version with the following corrected version due to multiple revisions. The updated version reads as follows: ASIA CAPITAL REAL ESTATE (ACRE) PROVIDES 11 LOANS TOTAL $ 358 MILLION FOR AMERICAN MULTI-FAMILY PROPERTIES Bridge loans will support projects in growing markets like Chicago, Dallas and Charleston Asia Capital Real...

Read More

AOC aims to expand UI in the event of a pandemic: what if you need the cash now

by on September 20, 2021 0

Representative Alexandria Ocasio-Cortez will present a bill to extend the benefits of the PUA, which expired in September. The bill would increase the amount of weekly benefits and provide additional weeks of benefits for the self-employed, concert workers and the self-employed cont (iStock) Representative Alexandria Ocasio-Cortez (DN.Y.) announced at a virtual town hall on...

Read More

Mortgages without closing costs can be expensive

by on September 19, 2021 0

It costs money to take out a mortgage. Costs can range from $ 3,000 to $ 5,000 for a cheap starter home to tens of thousands of dollars for multi-million dollar homes. The truth is, all mortgages have closing costs. The nickname no closing costs is just mortgage language to use alternative methods for...

Read More