Among other considerations, Congress will need to assess the viability of separating single-family and multifamily lending into standalone platforms, write Hal Collett and Mike McRoberts at PGIM Real Estate Finance.
“The company's strong track record with complicated portfolio transactions” made Harbor Group International the choice of seller Lone Star Funds, says HGI CEO Jordan Slone.
In all, Altisource Residential has acquired more than 7,500 single-family rentals from Amherst Holdings, at a total purchase price north of $1 billion.
Although movie theatres increasingly are viewed as traffic-builders for brick-and-mortar shopping centers, US ticket sales have been relatively lackluster this year.
The acquisition of Shellpoint Partners will provide New Residential Investment Corp. with recapture abilities that can both enhance returns on its existing mortgage serving portfolio and create new revenue channels, says CEO Michael Nierenberg.
Bethesda, MD-based Walker & Dunlop reports it structured the $93,925,200 loan with the U.S. Department of Housing and Urban Development for the Hells Kitchen property.