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FHLB Cincinnati Adds $3.9 Million to Disaster Reconstruction Program
Since inception of the program, nearly $13.7 million has been authorized to help impacted communities. Continue Reading FHLB Cincinnati Adds $3.9 Million to Disaster Reconstruction Program
Jones Walker Hires Real Estate-Focused Attorney Chris Wootten as a Partner
“We are delighted to welcome Chris to our tax team,” said Bill Hines, the firm’s managing partner. Continue Reading Jones Walker Hires Real Estate-Focused Attorney Chris Wootten as a Partner
Additional Reading: Top Real Estate Industry News & Headlines
Below, find popular recent real estate articles from top industry sources.
Flagstar Bank Donates $1 Million to Expand Appraiser Diversity
New York Community Bancorp, Inc. announced that its subsidiary, Flagstar Bank, N.A., has donated $1 million to the Appraiser Diversity Initiative (ADI), a collaboration between the Appraisal Institute, the National Urban League, Fannie Mae, and Freddie Mac. The...
Black real estate developers get rare access to big capital through Philadelphia program
Source: CNBC --- Black Americans represent less than 5% of residential real estate developers, largely because they can’t get equal access to capital, according to a recent report by the Urban Land Institute. Institutional capital – real estate investment trusts and...
COMMERCIAL BORROWERS SEEK FLEXIBILITY AMID VOLATILE LENDING LANDSCAPE
Source: RE Business Online --- After eight interest rate hikes totaling 450 basis points over the last 10 months, courtesy of the Federal Reserve’s war on inflation, commercial borrowers can only hope that the fundamental law of gravity — “what goes up must come down”...
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