Posted on Wednesday, June 27, 2007 at 1:04 pm CDT
Today’s affluent homeowners are moving further away from traditional 30- and 15-year fixed rate mortgages and instead are choosing less traditional products, like Option ARMs (adjustable rate mortgages) and interest-only mortgages to enhance their financial situations. This trend has started catching on among educated homeowners, who are following suit in an effort to better position their financial assets.
Source: Home Ownership Solutions
Posted on Wednesday, June 27, 2007 at 2:58 pm CDT
Southern California-based mortgage lender, Gail Rogers, reveals mortgage secrets at a new website. Consumers will find free reports on market trends pertinent to home financing, a home buying guide, and free mortgage calculators. The site gives consumers the facts they need to make an educated decision when obtaining a mortgage. Featured on Gail’s web page is critical information for those who financed their homes with an option adjustable rate mortgage (ARM).
Source: Emerald Pacific Financial Corporation
Posted on Wednesday, June 27, 2007 at 1:17 pm CDT
Local licensed real estate agent Jean M. Stein announced today she has joined the Green Bay branch of Realty Executives International, leaving her previous position at another firm. With the move, Stein has access to a larger network of sales resources and other associates.
Source: REALTY EXECUTIVES of Green Bay - Jean Stein
Posted on Tuesday, June 26, 2007 at 2:55 pm CDT
BMC Capital announced on June 5, 2007, that it originated an $854,750 loan for the acquisition of Rayburn Apartments, a 32-unit apartment complex located on Rayburn Road in San Antonio, TX
Source: BMC Capital, LP
Posted on Tuesday, June 26, 2007 at 1:35 pm CDT
Short term rentals, very short term (starting from 3 days) with a ‘keys in hand’ concept for managers (http://www.halldis.com/corporate) and tourists (http://www.halldis.com/vacation). This travel solution is offered by Halldis, an Italian company specialized in temporary accommodation with its corporate and vacation rentals present in Italy, in Milan, Rome, Bologna, Turin, Florence, Venice, and across Europe, in Brussels, Frankfurt and Paris, with over 500 apartments.
Source: Halldis
Posted on Monday, June 25, 2007 at 2:53 pm CDT
BMC Capital announced on June 5, 2007, that it originated a $1,346,000 loan for the acquisition of a 78-room Motel 6 property at 1015 Columbus Parkway in Opelika, AL.
Source: BMC Capital, LP
Posted on Thursday, June 21, 2007 at 12:44 pm CDT
BMC Capital announced on June 5, 2007, that it originated a $2,270,000 loan for the acquisition of Pinnacle Park Plaza, a multi-tenant retail center located on Interstate Highway 30 in Dallas, TX.
Source: BMC Capital, LP
Posted on Thursday, June 21, 2007 at 12:56 pm CDT
Brent Virkus, president and founder of TRiTON Companies, announced that he has entered into an agreement with Hyatt to develop the current Sea Castle property on Siesta Key’s Crescent Beach as a Private Residence Club (PRC). “We are very excited about this project and the ability to bring an amazing development to Siesta Key,” said Virkus, who secured Wall Street financing at a time when investment bankers have given the cold shoulder to Florida condominium development.
Source: TRiTON Companies
Posted on Wednesday, June 20, 2007 at 12:42 pm CDT
BMC Capital announced on June 5, 2007, that it originated a $550,000 loan for the acquisition of Sena Village Apartments, a 22-unit apartment complex located on 59th Street in Albuquerque, NM.
Source: BMC Capital, LP
Posted on Tuesday, June 19, 2007 at 12:41 pm CDT
BMC Capital announced on May 29, 2007, that it closed a $500,000 loan for the acquisition of Hardees’s Restaurant, a single-tenant retail property located at 8827 Highway 20 West in Madison, AL.
Source: BMC Capital, LP
Posted on Monday, June 18, 2007 at 10:16 am CDT
BMC Capital announced on June 5, 2007, that it originated a $1,120,000 loan for the acquisition of 2 Square, a 24-unit multifamily apartment complex located on North 37th Avenue in Hattiesburg, MS.
Source: BMC Capital, LP
Posted on Sunday, June 17, 2007 at 10:14 am CDT
BMC Capital announced on June 5, 2007, that it closed a $1,380,000 loan for the acquisition of Forestview Terrace Apartments, a 72-unit apartment complex located on Forest Hills Boulevard in East Cleveland, OH.
Source: BMC Capital, LP
Posted on Saturday, June 16, 2007 at 10:13 am CDT
BMC Capital announced on June 5, 2007, that it originated a $1,464,000 loan for the acquisition of Rosewood Apartments, a 35-unit apartment complex located on SE Kane Drive in Gresham, OR.
Source: BMC Capital, LP
Posted on Friday, June 15, 2007 at 1:28 pm CDT
In today's overheated realty capital markets, most of the underwriting focus is on property location, physical issues and cash flow performance. And in specific instances - particularly long-term, net leased properties - these variables are sufficient enough to accurately underwrite an income-property loan.
Source: The Real Estate Capital Institute®
Posted on Friday, June 15, 2007 at 1:28 pm CDT
In today's overheated realty capital markets, most of the underwriting focus is on property location, physical issues and cash flow performance. And in specific instances - particularly long-term, net leased properties - these variables are sufficient enough to accurately underwrite an income-property loan.
Source: The Real Estate Capital Institute®
Posted on Friday, June 15, 2007 at 9:35 am CDT
BMC Capital announced on May 21, 2007, that it originated a $10,375,000 loan for the acquisition of Coopers Mills Apartments, a 366-unit garden style apartment complex located at 15603 Gulf Freeway in Houston, TX.
Source: BMC Capital, LP
Posted on Friday, June 15, 2007 at 10:48 am CDT
Property investors should plan for a positive cashflow in their rental income or could face repossession of their buy-to-let properties.
Source: PublicAngel.com
Posted on Thursday, June 14, 2007 at 9:32 am CDT
BMC Capital announced on May 21, 2007, that it closed a $440,000 loan for the acquisition of 6367 Robinson Road, an 18-unit apartment complex property located at 6367 Robinson Road in Lockport, NY.
Source: BMC Capital, LP
Posted on Wednesday, June 13, 2007 at 10:02 am CDT
BMC Capital, LP today announced the opening of its Denver, Colorado Office, for multi-family, commercial, and SBA loan production. This expansion represents a further strengthening of BMC’s position as the nation’s top commercial mortgage broker for the $500,000 to $5,000,000 sector.
Source: BMC Capital, LP
Posted on Wednesday, June 13, 2007 at 9:32 am CDT
BMC Capital announced on May 18, 2007, that it originated a $690,000 loan for the acquisition of Wendy’s, a single-tenant retail property located on Spencer Highway in Pasadena, TX.
Source: BMC Capital, LP
Posted on Tuesday, June 12, 2007 at 10:43 am CDT
Investment in UK is considered as a wise idea by the savvy investors. UK real estate market is enjoying historical boom in the last decade inviting investors in the country. The devaluations of the share prices along with the corporate scandals have increased the importance of real estate investments as it offers a much safe investment option with lesser amount of risk. The-big-property-ladder.co.uk is one of the best real estate property consultants in UK. This company steers your investment to the more profitable investment options.
Source: The BIG Property Ladder Ltd
Posted on Tuesday, June 12, 2007 at 10:55 am CDT
At a time when many homeowners are facing higher monthly payments or foreclosure and many first-time homebuyers are facing a tougher time getting approved for a mortgage, who’s looking out for the consumer?
Source: Global Star Mortgage Corp
Posted on Monday, June 11, 2007 at 10:42 am CDT
BMC Capital announced on May 17, 2007, that it originated a $700,000 loan for the refinance of Shannon Plaza Apartments, a multifamily property located on South Haverhill.
Source: BMC Capital, LP
Posted on Sunday, June 10, 2007 at 10:41 am CDT
BMC Capital announced on May 18, 2007, that it originated a $2,040,000 loan for the acquisition of CVS Pharmacy, a single-tenant retail property located on Liberty Road in Frederick, MD.
Source: BMC Capital, LP