Current NEWS
Items that appear here are taken from various sources and include our opinion and analysis. Please inform us should you have any industry news that you believe affects the multifamily or health care industries.
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March 24, 2010
HUD Changes Max Stat Limits
HUD has eliminated the land value as part of total costs in determining the maximum mortgage allowable. This means higher cost developments for apartments only, may get closer to the 90% of cost amount. It is important only for steel construction and mid-rise and high rises that have been blocked out of the program.
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“multifamily mortgages”
“multifamily new construction”
“multifamily refinance”
” multifamily construction loans”
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“multifamily substantial rehab”
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“apartment loans”
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“assisted living loans”
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“ALF mortgages”
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“nursing home loans”
“nursing home mortgages”
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“nursing home substantial rehab”
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“SNF loans”
“SNF mortgages”
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“SNF substantial rehab”
“SNF sub rehab”
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“Hospital loans”
“Hospital mortgages”
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“Hospital construction loans”
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