by mdibrino@hqmloans.com | Mar 17, 2023 | Uncategorized
UDR, Inc., a leading multifamily real estate investment trust, has announced that it will be paying a regular quarterly dividend on its common stock for the first quarter of 2023. The dividend will amount to $0.42 per share, payable in cash on May 1, 2023, to UDR...
by mdibrino@hqmloans.com | Mar 16, 2023 | Uncategorized
Last week’s collapse of Silicon Valley Bank and Signature Bank send shock waves across the banking industry after both were shut down by the Federal Deposit Insurance Corp. In the wake of those failures, a noted accounting firm offers strategies and best practices...
by mdibrino@hqmloans.com | Mar 16, 2023 | Uncategorized
Eastern Union has announced closing a $28 million commercial mortgage loan for a multifamily portfolio in Bridgeport, Conn. The 10-year loan carried an interest rate of 5.25%. The term included five years of interest-only payments and an amortization period of 30...
by mdibrino@hqmloans.com | Mar 16, 2023 | Uncategorized
The HMI index gauging current sales conditions in March grew two points to 49, and the gauge measuring traffic of prospective buyers climbed three points to 31 – the strongest traffic reading since September 2021. The component charting sales expectations in the next...
by mdibrino@hqmloans.com | Mar 16, 2023 | Uncategorized
Is the US in a recession now? The specter of recession is yet another worry, posing as a potential threat to recovery. “The range of projections of whether and when we will enter an economic recession is extraordinary,” Rubin noted. “Culling through the noise, the...
