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Under Construction
Short-term interest rates have fallen steeply from their highs in September, making construction financing more feasible.
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Amend, Extend, and Hope: Lenders Look to Stop the Bleeding
As apartment fundamentals continue to erode, lenders are hoping to stop the increase in multifamily delinquency rates through a variety of portfolio management efforts.
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A TARP/TALF Primer for Multifamily Borrowers
Understanding the U.S. government’s various financial stability programs can be difficult, to say the least.
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A TARP/TALF Primer: Glossary of Terms
Troubled Asset Relief Program (TARP): The initial, overarching program created by the Emergency Economic Stabilization Act of 2008 and aimed at shoring up the nation’s financial system.
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TALF CMBS Program Poised for Second-Half Run
The CMBS portion of TALF is gearing up for a second-half run that many hope will revive the dormant securitized loan market.
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Uncertainty of Execution
If 2007 was the end of the party, 2009 will be the worst part of the hangover.
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Last Gasp: Capmark Financial's Days Are Numbered
Capmark Financial Group is heading towards default, as the troubled lender weighs whether to file for bankruptcy after posting a $1.6 billion loss for the second quarter.
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Berkadia Rises From Capmark's Ashes
A new name entered the multifamily arena last week, when Berkadia Commercial Mortgage was born out of the ashes of Capmark.
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Developers Weather the Storm
Affordable developers have struggled for years to fill vacant lots and repair abandoned buildings in the low-income neighborhoods of aging Northeastern cities.
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Florida Bridges Loan Gap
Through a $10 million grant Florida Housing Finance Corp. (FHFC) received from the state last August, the department is putting the money to good use by initiating a preservation bridge loan program targeting nonprofit development organizations by providing loans for acquisition and predevelopment...