An Oregon contractor has pleaded guilty to wire fraud after federal prosecutors said property owners paid him more than $850,000 to build townhomes that were never constructed.David Paul Williams, 46, of Eugene, entered the guilty plea Monday in federal court,...
Bow River Capital has financed its acquisition of a 456-unit apartment community in Northlake, Texas, with a $53.9 million Fannie Mae loan, adding another data point to the divide between multifamily properties that can still attract agency capital and assets...
Fannie Mae’s latest multifamily loan-document changes become mandatory Tuesday, making Sept. 22 an operational deadline for lenders handling most new multifamily commitments and certain forward conversions.The changes were announced in Multifamily Lender Letter...
A third-party rental guarantor platform is expanding into metro Phoenix as apartment owners contend with double-digit vacancy and growing pressure to convert more applicants into paying residents.Cosign announced Monday evening that it has launched in the...
Stockdale Capital Partners is taking a firm-wide approach to artificial intelligence, investing in Zinq AI while deploying the platform across investment, asset-management, fundraising and back-office functions.The Los Angeles-based real estate investment firm...
Optimal Blue Buys Usherpa, Bringing Borrower Outreach Into Mortgage Pricing…
