Newmark is entering direct multifamily bridge lending with a $35 million loan for a Georgia apartment property, adding a short-term financing product to its existing commercial mortgage advisory business. The inaugural borrower is MFP Capital, which refinanced...
The commercial real estate finance Walker & Dunlop Inc. (NYSE: WD) has teamed with the investment firm Pretium on a $250 million strategic joint venture to provide bridge loans for affordable multifamily housing. According to the companies, the newly launched...
Rocket Mortgage, a division of Rocket Companies (NYSE: RKT), announced the addition of bridge loans to its product offerings. According to a statement from the Detroit-headquartered company, the new product “allows current homeowners to use equity to compete...
Arrival Home Loans, a Novato, California-based division of Pacific Private Money Inc., has unveiled Arrival Fund I LLC, a residential bridge loan lending fund. According to the company, the new fund offers a preferred 10%1 rate of return for investors, with profits...
The global investment group CDPQ has teamed with Nuveen Green Capital to launch a $600 million integrated sustainable commercial real estate financing program. According to the companies, this Commercial Property Assessed Clean Energy (C-PACE) program will provide...
Fed Holds Rates at 3.75%–4.00% as Two Officials Call for Another Hike
