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The national commercial real estate lender was part of a capital stack that includes Fannie Mae and Freddie Mac.
The multifamily sector has consistently been a stable performer, and lenders and investors think this will not change anytime soon. By Rob Murray
Hudson Valley Property Group continues to see liquidity from a wide range of lenders for its assets.
The firm’s total construction lending this year tops $1.6bn.
The manager has been building its presence in the South Florida submarket.
Namdar Group will use the financing for a residential tower acquisition, construction.
Sponsor Domain Companies is taking advantage of new zoning in the gentrifying Brooklyn neighborhood.
The borrower, Carter Multifamily, secured the floating-rate loans through Freddie Mac.
The Charlotte-based manager is seeing banks and other traditional lenders hesitate amid volatility, but it is confident in its ability to line up debt.
Ground-floor retail units are on trend in New York as mixed-use provides greater value.