Capital Markets

The real estate investment fund closed with $591 million in capital focused on acquiring add value investments in New York City.

The project, already under construction, calls for the development of a 16-story building with 249 rental apartments and 11,324 net rentable square feet of first-floor retail space at 42 Broad St. West in Fleetwood.

This Multifamily Participation follows two securitizations the GSE made this year of tax-exempt loan paper.

The Fed updated its forecast for inflation in 2018, now predicting 1.7% for the year.

A $150 million mixed-use development will be built at 208 Havemayer St.

The 30-year veteran of multifamily finance brings longstanding agency relationships to RED Mortgage Capital, which he'll lead as president and national head of production.

"What made this deal a little unique was the fact that we were able to index lock it when it was only about 65% occupied."

We sit down with Andrew Starrels of Holland & Knight LLP to discuss how the tax plans passed in the House and the Senate could have a dampening effect on housing construction and home ownership.