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Who’s got the best deal?
APARTMENT FINANCE TODAY presented four hypothetical examples of loan requests to a panel of expert lenders to get their responses.
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Sunny outlook for apartment owners Strong demand and constrained supply should help multifamily housing owners raise occupancy rates and rents in many major U.S. cities.
Favorable economic factors, strong demand for rental housing and sluggish construction of new apartment units are among the positive factors apartment owners and investors can bet on this year.
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Project-based voucher program’s final rules take some by surprise
In this issue: New Department of Housing and Urban Development (HUD) final rules affecting Sec. 42: rent restrictions for project-based voucher units and the student rule. Also, is there a change in Sec. 42 utility allowances pending?
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Freddie following Fannie’s mezz program with its own versionHigh-Leverage Loan program helps borrowershandle high cap rates, add value.
With so many multifamily investors seeking maximum financial leverage in acquiring properties, it’s no surprise the two big government-sponsored enterprises continue refining customized mezzanine-type loan programs to supplement senior mortgages.
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No consistency in valuing housing tax credit properties
The unique characteristics of low-income housing tax credit (LIHTC) properties make it difficult for assessors to agree on how to value them for property tax purposes.
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Safety factor; willing workers; school days; starting a training program; insurance-work advice; setting the record straight in Arizona; more
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Storm-protection products take off; Arizona cracks down; Washington state's safety-inspection spat; private firms to conduct inspections in Houston; more
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Big Builder News Bits
By Wendy Leibowitz. Los Angeles-based KB Home announced it had acquired Chicago-based Zale Homes for $33 million, including the assumption of debt. KB Home closed 21,778 homes in the United States in 2002, for gross revenues of a little more than $5 million.
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Q. Patio covers are standard features of nearly every home built in the Phoenix area. Standard construction is wood frame with a drywall ceiling, taped, textured, and painted. Within ten years, the taping and texturing start to separate from the drywall. Retaping and texturing might make it last a...
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Manufactured fireplaces require no foundation or special framing, and most can be installed in a day. This article explains the available options and how to choose a high-quality product.