Full coverage of commercial real estate finance, including commercial banks, life insurance companies, government sponsored enterprises, bridge and mezzanine lenders and other debt sources.
A U.S. District Judge said the government’s seizure of all mortgage companies’ profits in January 2013 to recapture taxpayer-funded bailout money might have constituted a breach of faith.
There’s a lot to like about the West Coast, which has both natural advantages in terms of its ports and its geography, and man-made strengths in the form of a top-tier education system and the presence of multiple, rapidly growing technology firms.
The Department of Justice is now looking into whether banks "colluded" with developers to accept lower prices for LIHTCs for some properties than might have been available from other investors.