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Al Barbarino

Agency multifamily origination volume this year could hit $80bn now that the Federal Housing Finance Agency (FHFA) has redefined the affordable lending targets for Fannie Mae and Freddie Mac, speakers said last week at the National Association of Real Estate Editors (NAREE) annual conference in Miami.
MetLife has provided Kemper Development Company with $110m to refinance the Westin Bellevue hotel in downtown Bellevue, Washington.
Another round of Washington, DC, area CMBS loans have fallen into special servicing due to tenancy issues.
The success of Fundrise -- and debt crowdfunding in general -- relies not on iconic buildings, but rather in areas that have been largely “ignored” by mainstream lenders, said company co-founder and president Daniel Miller this week at the National Association of Real Estate Editors (NAREE) annual conference, held at the InterContinental Miami.
Velocity Commercial Capital (VCC) has issued a $312m hybrid securitization backed by two separate groups of loans: one residential and another commercial.
HFF has arranged three loans totaling $200m in the US states of Colorado and Texas.
A construction accident has landed $231m of securitized loans backing The Sapir Organization’s 260 and 261 Madison Avenue on the servicer watchlist.
Two executives with Pricoa Mortgage Capital Company, known in the US as Prudential Mortgage Capital Company, are trading the posts they previously held on opposite sides of the pond, Real Estate Capital has learned.
MetLife Real Estate Investors has provided a $38.1m loan to MDH Partners for the acquisition of a multi-property industrial portfolio in North Carolina and Virginia, bringing the total lent to the borrower this month to more than $100m, Real Estate Capital has learned.
MetLife Real Estate Investors has provided a $62m acquisition loan to MDH Partners for the purchase of a multi-building industrial portfolio in Memphis, Tennessee, Real Estate Capital has learned.
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