Alex Kerrigan

Last week, Janover Ventures' Brandon Ramineh closed an $870,000 Fannie Mae Small Loan for Pearl Street Apartments, a 10-unit apartment property located in Kansas City, Kansas.

This week, Janover Ventures’ Brandon Ramineh closed a $2.6 million bank loan for Morningstar Care Homes, LLC. The deal contained two assisted living properties located in Fredonia and Neodesha, Kansas.

Biproxi​, a new CRE platform and MLS provider, recently raised $10 million in a seed round lead by Greycroft, an NYC-based private equity firm. Newmark Knight Frank was among the firms that offered funds to the startup.

This week, I sat down with The Entrust Group’s Mindy Gayer to discuss self-directed IRAs (SDIRAs), with a particular focus on how multifamily investors can utilize them to reduce their overall tax burden.

HUD's housing reform plan suggests relaxed multifamily noise and environmental regulations to encourage affordable development. It also suggests that Congress increase caps for the Rental Assistance Demonstration (RAD) program.

Fannie Mae recently released its 2019 Multifamily Affordability Estimator, which allows borrowers to determine how much of a deal is considered affordable.

HUD 232 loan borrowers have traditionally needed to wait 24 months after taking cash out from a lender before refinancing with HUD. Fortunately, HUD recently adjusted their rules to eliminate this waiting period, provided that the proposed loan fits several other parameters.