After two hot years, apartment construction in the Twin Cities area will pull back this year as higher interest rates and a chill in commercial lending make financing such projects more difficult. The ...
“Survive until 25” has become a mantra for landlords who are hanging onto buildings by their fingernails and praying for rate cuts soon. While it is well understood that many offices are a lost cause, ...
Apartment developers are finding ways to pay for new construction projects–without using loans from traditional banks. For years, multifamily developers have relied on large, short-term loans from ...
Long-term interest rates are lower than they have ever been—and owners of apartment properties are rushing to take advantage by refinancing into low-interest loans. “There is a massive wave of ...
Two multi-family properties in Central Massachusetts have received loans as part of a wider three-property announcement of financing worth a total of $18.65 million. Heywood Apartments in Worcester ...
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