Month: July 2023

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 banks to finance the construction of new apartment […]

While Rithm Capital’s purchase of $1.4 billion of consumer loans from Goldman Sachs will assist with its diversification efforts, it can also help its mortgage lending business, a BTIG report said. The price paid was […]

Commercial real estate lending fell for the first time in two years last month amid tight credit conditions Debt on commercial property fell to $5.44 trillion in June, driven by a large drop in multifamily […]

Editorial Note: We earn a commission from partner links on Forbes Advisor. Commissions do not affect our editors’ opinions or evaluations. Mortgage rates barely budged in June. Even so, motivated borrowers looking to purchase or […]

The nation’s preeminent developer of suburban commercial office space has modified and extended a $1.3 billion commercial mortgage-backed securities (CMBS) facility for a nearly 10 million-square-foot real estate portfolio, Commercial Observer has learned.  Workspace Property […]

New York Senator James Sanders Jr. recently proposed Senate Bill 1450A (“S1450”), which would require those making or soliciting “commercial financing products” in New York State to obtain a license and comply with specified requirements. […]