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$86 Million Freddie Mac Refinance Backs 506 Affordable Apartments in Queens

$86 Million Freddie Mac Refinance Backs 506 Affordable Apartments in Queens

by John G. Stevens | Sep 21, 2026 | Current News & Events, Mortgage Information, U.S. Housing Market

An affordable housing portfolio in Queens has secured an $86.4 million Freddie Mac refinancing, replacing acquisition financing on 506 apartments and providing another example of agency capital supporting preservation deals while conventional real estate debt remains...
Foreclosed 370-Unit Dallas Apartment Complex Sells to Bascom as Distress Creates a New Entry Point

Foreclosed 370-Unit Dallas Apartment Complex Sells to Bascom as Distress Creates a New Entry Point

by John G. Stevens | Sep 21, 2026 | Current News & Events, Real Estate Investing, Real Estate News, U.S. Housing Market

The Bascom Group has acquired a 370-unit North Dallas apartment community that went through lender foreclosure in 2025, turning one of the multifamily sector’s distress stories into a new value-add investment. Bascom acquired Jasmine Apartments, a 1980-built...
Sagent Promotes Sridhar Sharma to CEO; Andrew Bon Salle Named Chairman

Sagent Promotes Sridhar Sharma to CEO; Andrew Bon Salle Named Chairman

by John G. Stevens | Sep 21, 2026 | Mortgage Information

Mortgage servicing technology company Sagent has promoted President Sridhar Sharma to chief executive officer and named longtime Fannie Mae executive Andrew Bon Salle chairman of its board as the company moves to scale deployment of its Dara servicing platform. Sagent...
Federal Homeowner Assistance Fund Reaches Its Final Days as Sept. 30 Deadline Nears

Federal Homeowner Assistance Fund Reaches Its Final Days as Sept. 30 Deadline Nears

by John G. Stevens | Sep 21, 2026 | Current News & Events, Real Estate News, U.S. Housing Market

A nearly $10 billion federal homeowner-relief program created during the pandemic is entering its final days, closing a chapter in the government’s effort to prevent mortgage defaults, foreclosures and displacement after COVID-19.The federal Homeowner Assistance...
Massachusetts High Court Upholds Transit-Zoning Mandate for 177 Communities

Massachusetts High Court Upholds Transit-Zoning Mandate for 177 Communities

by John G. Stevens | Sep 20, 2026 | Current News & Events, Real Estate News, U.S. Housing Market

Massachusetts’ highest court has rejected a new challenge to the state’s MBTA Communities Act, leaving intact a sweeping zoning mandate that requires 177 transit-served cities and towns to provide districts where multifamily housing can be built as of right.The...
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