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More stories about Developers

  • Still the One

    Multifamily developers are getting reacquainted with an old friend in 2008.

  • Caught in the Middle

    Mezzanine financing is readily available for multifamily developers, but not nearly as affordable as it was this time last year.

  • A Flight Toward Certainty

    While many lenders are experiencing declining volumes and tightening their underwriting standards in the first quarter of 2008, the Federal Housing Administration (FHA) is having a resurgence.

  • Developers Rescue State Public Housing

    GREAT NECK, N.Y. - The people who live at Spinney Hill Homes here need some help. Their 50-year-old apartments are falling apart around them.

  • Volatile Investment Market Prompts Warning on Pricing

    First came the chill left by the retreat of several leading low-income housing tax credit (LIHTC) investors.

  • Developers Choose Swaps for Security

    Swaps have taken over from caps as the first choice of price-conscious borrowers using loans funded by tax-exempt bonds.

  • Turbulence Ahead

    Fannie Mae and Freddie Mac lenders are used to rushing to close deals at the end of the year, but December 2007 was crazier than usual.

  • Putting the Squeeze On

    Amid the ongoing credit crunch, the most entrepreneurial apartment developers—those who seek the maximum amount of construction debt available for their projects—are swallowing a dose of lowerleverage reality.

  • Getting In On the Ground Floor

    Last fall, in the heart of Memphis, Tenn., workers swarmed over a gothic revival skyscraper that had stood vacant and crumbling for more than 10 years.

  • Affordable Housing Feels the Pain

    While the housing crisis has focused on the mortgage meltdown, serious trouble has also settled over the affordable housing sector this year.