We are excited to announce that Hunt Real Estate Capital, Lancaster Pollard, and RED Capital Group are now Lument. Please follow us at @LumentCRE as this Twitter page will no longer be active. lument.com
Rich Martinez, senior vice president at @FreddieMac, shares some valuable insight about the challenges Freddie Mac faced at the start of the pandemic and the lessons that have been learned along the way.
globest.com/2020/08/12/fredd…
#CommercialRealEstate #Lending #AgencyLending #CRE
Matthew McCreary and Brett Brown recently provided four Freddie Mac Small Balance Loans to finance several multifamily properties in California.
Learn more about our Small Balance Loan solutions: bit.ly/3fJCDGE
#SBL #Multifamily #RealEstate #Finance
Booming sales in 2019 dissolved at the beginning of 2020, with only six transactions closed in January and February, an -84% plunge from the same period in 2019. Heading into April and May, transaction velocity almost came to a complete halt. Learn more: bit.ly/38fccpd
Although the Dallas economy experienced a strong start to 2020, the COVID lockdowns dealt a sharp blow to payroll counts, tenant occupancy and rent growth. However, RED Capital Research remains optimistic for the future of this market. bit.ly/2ZlG3IM
Our recent merger with @HRECapital allowed us to tap into their expertise and expand our capabilities to provide our first Freddie Mac conventional multifamily loan, led by managing director Andy Warnock. bit.ly/2BNJnnL
#FreddieMac #CRE #CommercialRealEstate #Multifamily
Although hiring trends in #FortLauderdale firmed in January and February 2020, the mini-rally was stopped in its tracks by efforts to avert the spread of COVID-19. bit.ly/2KRtiPa
#MarketUpdate #RealEstate #FloridaRealEstate
Trade in the Orlando market started out strong in the 1st quarter despite concerns about the potential impact of the SARS-Cov-2 virus on the metro's economy. Volume totaled $818 million, up 12% sequentially from the 4th quarter. bit.ly/2YiHwR8
In 2018 & 2019, Louisville was among the most popular destinations for #workforcehousing & value-add opportunities. However, the economic disruption of COVID-19 is likely to cause circumstances that won't be conducive to the metro's property performance. bit.ly/2KpkG2c
Sales volume in Nashville totaled $470 million in 4Q19, a record single quarter aggregate, and $422 million in 1Q20, over three times the value of 1Q19 exchanges.
#Multifamily #NashvilleRealEstate #CommercialRealEstate #MarketUpdate
bit.ly/2VCaisO
Raleigh has proven to be a thriving market boasting a youthful, educated population, a large cap research and tech sector, and great weather. But what kind of effect will COVID-19 have on this market? bit.ly/2V5cCsn
RED's Matt McCreary and Brett Brown recently closed several small balance loans on the west coast.
Let's discuss how RED can help you with your financing needs. lnkd.in/dMFtQqa?utm_campaign…
RED Capital Group retweeted
Multihousing Sensitive Econ Calendar
2/25: Dec. FHFA+Case-Shiller 20-city HPI (Consensuses 4.9% +2.8% YoY);
2/26: Jan New Home Sales (C=2.0% M/M SAAR);
2/27: Jan. Durable Goods (C=-0.9%, Ex-Trans=0.3%); 4Q19 GDP Rev. (C=2.1%);
2/28: Jan. Personal Income+Spending (0.3% + 0.3%).
RED’s Unique Financing Structure Provides First USDA Section 538 Loan to Finance Combined New Construction/Rehabilitation Project redcapitalgroup.com/financin…
RED's Nick Hamilton is participating as a panelist during the "Navigating Affordable Housing: How Can Developers Make The Numbers Work?" session tomorrow at 9:45am. redcapitalgroup.com/property…
RED will be at the IMN Winter Forum today!
Attending: Trent Brooks, Nick Hamilton, James Martin, and Jim McArthur
redcapitalgroup.com/contact/…
RED's Matt McCreary and Brett Brown recently closed several small balance loans in southern California.
Let's discuss how RED can help you with your financing needs. lnkd.in/dMFtQqa?utm_campaign…
Going to the IMN Winter Forum in Laguna Beach next week? Don't miss the "Navigating Affordable Housing: How Can Developers Make The Numbers Work?" session on Friday at 9:45am. RED's Nick Hamilton is participating as a panelist. redcapitalgroup.com/property…
RED's Trent Brooks, Nick Hamilton, James Martin, and Jim McArthur will be in Laguna Beach next week for the IMN Winter Forum. Let us know if you'd like to set up an appointment to discuss financing solutions for your next project. redcapitalgroup.com/contact/…
Going to the @ApartmentWire NMHC Annual Meeting in Orlando? RED's team will be there to meet with you to discuss financing solutions for your next project's needs. redcapitalgroup.com/contact/…
