Mortgage application activity was up again in the latest data published by the Mortgage Bankers Association (MBA). The Market Composite Index, the MBA’s measure of mortgage loan application volume, increased 7.1% on a seasonally adjusted basis for the week ended March...
IPA Capital Markets, a division of Marcus & Millichap (NYSE: MMI), announced the $37 million refinancing of Dane Park, a luxury 392-unit multifamily property in Grapevine, Texas. The terms of the five-year loan include 6.23% interest only and a spread of 1.68%....
Marcus & Millichap Capital Corp. (MMCC) announced that it has arranged $12.1 million for the refinancing of Laurel Canyon Apartments, a 46-unit multifamily property in Valley Village, California. Built in 2022, the property features a mix of one- and two-bedroom...
Reynolds Asset Management announced the closure of a $28.5 million refinancing loan for its multifamily complex The Mural in Orange, New Jersey. Reynolds broke ground on construction at the property in May 2022, completed construction in the summer of 2023, and...
The Capital Markets Group at JLL (NYSE:JLL) has secured the $395 million refinancing of 70 Pine St., a landmarked 66-story property in the heart of New York City’s Financial District. The property was built in 1932 as the offices of Cities Service Company (later known...
UWM Says VantageScore 4.0 Improves Results for 1 in 4 Borrowers
