Are you a subscriber but don’t have an online account?

Register for full online access.

 
 
 
 

More stories about NEWS

  • Affordable Housing in the Next Generation of GSEs

    Fannie Mae and Freddie Mac have played a vital role in the affordable housing world, but the government-sponsored enterprises (GSEs) are an endangered species.

  • Red Capital Returns to the Fold

    Red Capital Group has come back to its roots as an entrepreneurial firm after being acquired by an investment group led by ORIX USA Corp. and Stonehenge Partners.

  • GSEs Tighten Up Borrower Scrutiny, Despite Looser Underwriting

    A quirky dynamic is at play these days at the government-sponsored enterprises (GSEs)—borrower scrutiny is at an all-time high, even as credit conditions begin to loosen.

  • Five Tips for Winning FHA Approval on a New Construction Deal

    Compared to what’s being offered in the private sector, the rates and terms of the Federal Housing Administration’s (FHA) Sec. 221(d)(4) program for new construction loans are more than attractive. Loan-to-cost ratios can reach up to 90 percen

  • Frustrated Investors Eye Better Acquisition Market in Second Half

    A dearth of quality assets is fueling cap rate compression in many major markets as investors line up to bid on the cream of the crop.

  • CWCapital Sold to Fortress Investment Group

    CWCapital has been acquired by New York-based Fortress Investment Group in the third major acquisition of a special servicer in the past year.

  • Breaking Ground: Labor Prices Help New Construction Deals Pencil Out

    While construction debt is much more limited now, construction costs have come down so much that deals are penciling out again.

  • Discouraged Equity Investors Turn to Development Opportunities

    The funds are here. The opportunities, not so much.

  • Affordable Housing is Coming to Freddie's CME Program

    Freddie Mac will soon add affordable housing products to its Capital Markets Execution (CME), the company’s securitized mortgage program.

  • HUD Secretary Addresses Green Homes & Sustainable Communities Conference

    Today, Thursday, July 29, leaders in the fields of building, development, and financing met in Washington D.C., for a two-day conference focusing on green, affordable housing and other forms of community development.