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Recovery of Commercial Property Fueled by Apartments: Mortgages - Love Funding

Demand for U.S. apartment buildings is surging as the homeownership rate hovers near the lowest level since 1998 and government-supported mortgage companies provide record levels of financing for apartment properties. That’s fueling a rush by investors to buy buildings and helping lenders recover 75 percent of the value of defaulted mortgages tied to multifamily housing, the highest recovery rate on all commercial property.

Sales of U.S. apartment properties totaled $3.8 billion in January, a 53 percent increase from the same month a year earlier, the strongest start to the year compared with offices, and shopping centers, according to Real Capital Analytics Inc., a New York-based commercial property data firm.

The above is an excerpt from “Recovery of Commercial Property Fueled by Apartments: Mortgages” by Oshrat Carmiel. Read the full article on Bloomberg.


Midwest Rural Housing Summit

Look for Director David Opalek at the Midwest Rural Housing Summit May 2-4 in Columbus, OH.

Ohio Healthcare Association Annual Conference

Stop by booth #602 at the OHCA Annual Conference & Trade Show to meet our Ohio-based senior housing and healthcare finance experts. The conference will be held May 2-5 in Columbus, OH.

DHG Healthcare Symposium

Senior Director of Hospital Finance Steven Hunt will be attending the DHG Healthcare Symposium May 4-6, 2016 in Orlando, FL. Look for Steve at the symposium to discuss your financing needs. Learn more about our hospital finance programs here.

AHF Live Forum

Holly Bray and David Strachan will be exhibiting at the upcoming AHF Live Forum May 9-11 in Arlington, VA. Stop by our booth to discuss your financing needs with our affordable experts.

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