Hunt Mortgage Group Finances the Acquisition and Rehabilitation of an Affordable Multifamily …

NEW YORK, Dec. 4, 2017 /PRNewswire/ — Hunt Mortgage Group, a leader in financing commercial real estate throughout the United States, announced today it provided a Freddie Mac Tax Exempt Loan to finance the acquisition and rehabilitation of an affordable multifamily property located in Fort
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Berkadia arranged financing totaling $930 million from Freddie Mac for the acquisition. The Freddie Mac financing encompasses 16 properties. Eleven of the properties were financed with a fixed rate vehicle for over $789 million. The remaining five properties were financed with a floating rate vehicle for
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As I noted at the time, there was some deeply satisfying cosmic irony here for anyone who has railed against the elitism of San Francisco's housing market. But as of Tuesday, the universe has returned to its usual order: The Presidio Terrace Association got its street back. The homeowners' association
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Fortune Brands Home & Security logo Macquarie Group Ltd. grew its holdings in shares of Fortune Brands Home & Security Inc (NYSE:FBHS) by 14.5% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 346,303 shares of the
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Dianrong.com, a Chinese online lending platform started and run by a co-founder of LendingClub Corp. , is planning an initial public offering as soon as next year that could raise at least $500 million, according to people familiar with the matter. The Shanghai-based company is planning to list its shares
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Investors Title logo Investors Title Company (NASDAQ:ITIC) declared a quarterly dividend on Wednesday, November 15th, Wall Street Journal reports. Stockholders of record on Friday, December 1st will be paid a dividend of 0.40 per share by the insurance provider on Friday, December 15th.
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PLEASANTON, Calif.–(BUSINESS WIRE)–Ellie Mae® (NYSE: ELLI), the leading cloud-based platform provider for the mortgage finance industry, announced that Joe Tyrrell, Executive Vice President of Corporate Strategy for Ellie Mae, has been selected for a HousingWire 2017 Vanguard Award.
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The story raises a big, difficult question that sits at the heart of California's efforts to simultaneously combat poverty and climate change: Is it possible to build a dense city that is also affordable? California has a growing economy and the nation's most expensive housing market. Worried about escalating
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Joseph Caltabiano, the former SVP of mortgage lending at G-Rate who supposedly had made $1.75 million at G-Rate through mid-November, is named. The employees who left Guaranteed Rate allegedly joined the staff of Bemortgage, a recently launched mortgage lender that operates as a division of
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The federal Liberals are having second thoughts about a 2015 campaign promise out of concern that expanding the popular Home Buyers' Plan would throw fuel on Canada's overheated housing markets.
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SAN FRANCISCO, Dec. 4, 2017 /PRNewswire/ — LendingHome – the largest, fastest-growing mortgage marketplace lender – today announced it has originated more than $2 billion in mortgage loans for homeowners and real estate investors. The first billion of originations occurred over the course of 30
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Sapiens International logo Sapiens International Co. (NASDAQ:SPNS) has received a consensus rating of “Buy” from the seven ratings firms that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and four have given a buy recommendation to
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The planned introduction of bitcoin futures contracts at CME Group Inc., Cboe Global Markets Inc. and Nasdaq Inc. will make it much easier to bet on a decline. Hedge funds, which have largely stayed on the sidelines, are waiting for the Chicago Mercantile Exchange's futures market to open for a fresh
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Rahul Gandhi is set to take the reins of India's opposition Congress party from his mother Sonia Gandhi, who led the organization for two decades. The sixth person from Nehru-Gandhi family to head the party, Gandhi's elevation comes before the upcoming poll in Prime Minister Narendra Modi's home
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The Union-Tribune examined if San Diego County can build more housing to slow the pace of rent and home price increases. What we … “It was not my business plan, but the market looked at us and we said we'll take the upper end and KB Home (and other developers) can take the lower end.” He also
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As a reminder, I am in China this week, so please send all deals to Lucinda Shen at lucinda.shen@fortune.com. Bradley Tusk is not your typical venture investor. Before he was a VC, he worked in politics as ex-Mayor Michael Bloomberg's campaign manager and Sen. Chuck Schumer's communication
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Embargoed to 0001 Saturday January 17 File photo dated 14/10/14 of a general view of For Sale signs outside a block of flats, as the number of home owners moving house reached a seven-year high in 2014 as rising property values boosted the amount of cash they had sitting in their existing homes,
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Just a day after announcing that CVS (cvs, -2.79%) will acquire Aetna (aet, +4.29%) for approximately $69 billion, the CEOs of the two companies told CNBC's “Squawk Box” that the merger will reduce healthcare costs for consumers “immediately.” CVS Health CEO Larry Merlo said that, “[I]t's really the
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Mondelez International logo Stewart & Patten Co. LLC increased its position in Mondelez International, Inc. (NASDAQ:MDLZ) by 4.3% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 125,370 shares of the company's stock after buying an additional
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Description. JPMorgan. Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.5 trillion and operations worldwide. The firm is a leader in investment banking, financial services for consumers and small business, commercial banking, financial transaction processing, and
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