Washington, DC

One distant ray of hope is a bill that Ohio Senator Sherrod Brown is planning to introduce that will provide $100 billion in emergency rental assistance.

The company raised $9.8 million on CrowdStreet in two hours, to assist in recapitalizing the project for its class-A, $42M DC multifamily asset.

cove will extend its cove@Home offering to Rubenstein's Maryland tenants.

Walker & Dunlop structured the transaction using staggered maturities across a mix of fixed and floating-rate, full-term, interest only financing.

The developer secured a $92 million construction loan, in addition to Opportunity Zone funding, for the 403-unit, Maryland asset.

The property was originally built in 2000 as part of the Merrill Lynch corporate campus and consists of three office buildings totaling 380,417 square feet.

The two companies are looking three years ahead to a scheduled summer 2023 opening for the Dunavant and Distribution project.

The coronavirus relief package now covers the first six payments on small business refinancings under the SBA 504 Program.