Category: commercial real estate
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Mortgage REITs Face Growing Cash Calls as Pandemic Roils Economy
Credit Crunch Continues Even After Fed Pumps Capital Into Federally Backed Mortgage Securities By Mark Heschmeyer Via CoStar News For more articles like this, CLICK HERE <——– March 24, 2020 | 05:58 P.M Even after the Federal Reserve moved early this week to…
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FHFA Halts Mortgage Payments
The Federal Housing Finance Agency will suspend mortgage payments for landlords affected by the coronavirus, expanding its support of renters in addition to homeowners, the agency announced.The program applies only to multifamily owners with Fannie Mae and Freddie Mac loans, and on the condition that…
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Trump suspends all evictions, foreclosures until end of April
Coronavirus Associated Press WASHINGTON – Managing dual health and economic crises, President Donald Trump announced Wednesday that he will invoke a federal provision that allows the government to marshal the private sector in response to the coronavirus pandemic. Trump, now describing himself as a…
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Corona Virus and its effects… How long will it last?
Corona Virus and its effects… How long will it last?
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Coronavirus Resources for Apartment Firms
March 17, 2020 Provided by Kevin Donnelly via National Multifamily Housing Council Related Topics Emergency Preparedness The Center for Disease Control (CDC) is currently monitoring a rapidly evolving outbreak of coronavirus, (COVID-19), which is causing respiratory illness in populations across the globe,…
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Affordable housing contrasts in Sarasota, Bradenton
Shining a light on this article once more as the contrasts continue to sharpen and widen. By Chris Wille Business and Real Estate Editor While an affordable housing development in Sarasota gets scrapped, Bradenton getting a major lift A proposal for…
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Town n’ Country apartments sell for $37 million
Picture via cushman & wakefield By Ashley Gurbal Kritzer – Senior Reporter, Tampa Bay Business Journal An apartment community in the Tampa suburbs has sold for $37 million. The Point at West End in Town n Country, built in 1980 on just under…
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Snapshot of Available Investment Properties in Sarasota County, FL
540 S McCall Rd, Englewood, FL 34223 1 acre of property, directly on Lemon Bay, with 8 separate units property has annual tenants and property manager, but would be best fit as a seasonal rental complex. The property features 4-one…
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Interesting Facts for Multifamily Landlords / Apartment Owners
Did you know, that a tenant has the legal right to have a service animal, even if you do not allow pets on your property. This is true and if you defy this law, you could be considered discriminatory against…
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Apartments Trade in Burgeoning South Florida Market
There’s No Shortage of Supply in Sarasota Image via Costar By Paul Owers CoStar News January 24, 2020 | 04:07 P.M. A newly built apartment complex in Sarasota, Florida, has traded hands for $73 million, the seventh-largest deal in the area’s…
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