Sunday, July 10, 2016

When the neighborhood is owned by billion-dollar companies

APOPKA, Florida (AP) — Many of the single-family homes in the Piedmont Park neighborhood of Apopka, Florida, used to be owned by families — the Vargases and the Townes, the Pierces and the Riddles. Now, they're owned by Blackstone, American Homes 4 Rent and Colony Starwood Homes, companies associated with big real estate investment firms.

Read more... http://bigstory.ap.org/article/4dcd5c1491a3475187a1d6b339a8852a/when-neighborhood-owned-billion-dollar-companies

Tuesday, July 5, 2016

FHFA Adjusts Multifamily Lending Caps for Fannie Mae and Freddie Mac

​Washington, D.C. –   The Federal Housing Finance Agency (FHFA) today announced that it has increased the 2016 multifamily lending caps for Fannie Mae and Freddie Mac (the Enterprises) from $31 billion to $35 billion, effective immediately.

Read more... http://www.fhfa.gov/mobile/Pages/public-affairs-detail.aspx?PageName=FHFA-Adjusts-Multifamily-Lending-Caps-for-Fannie-Mae-and-Freddie-Mac.aspx

Monday, July 4, 2016

Arizona companies capitalize on low-interest-rate wave

Like homeowners seeking to refinance a mortgage, several of Arizona's largest companies have made moves lately to capitalize on attractive interest rates. And with the Brexit vote possibly ushering in a stretch of even lower rates, corporate financial officers could be staying plenty busy.

Read more... http://www.azcentral.com/story/money/business/consumers/2016/06/30/arizona-companies-capitalize-low-interest-rate-wave/86450770/