Continue Reading Add comment January 28th, 2009
Arbor Commercial Mortgage appointed Edward Petti to director in the firm’s New York City office. Petti is responsible for originating all of the company’s multifamily and commercial product lines including Fannie Mae, FHA, bridge, mezzanine and preferred equity through out the northeast United States.
Continue Reading Add comment January 28th, 2009
Despite the turbulent times, big real estate loans are still being made and Pittsburgh-based PNC is among those that are actively doling out financing. PNC Real Estate Finance has arranged a $214 million construction loan for The Monaco, a luxury apartment project in Jersey City, N.J., with PNC Capital Markets L.L.C. leading the syndication of the deal with six other banks.
Continue Reading Add comment January 28th, 2009
When Brian Gavitt, a physician, and his wife Gayleen, a stay-at-home mom, started to eye homes in Sacramento last winter, they knew they were looking in the hardest-hit areas of the housing bust. So the couple, who were relocating from Lansing, figured they could land a fantastic bargain in no time at all. Read more »
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