Transparency Market Research

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    MBA’s commercial/multifamily mortgage bankers origination index reported an 8 percent increase in the dollar volume of loans closed for Fannie Mae and Freddie Mac between the first quarter of 2017 and the first quarter of 2018.

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    The existing 16-story tower will be revamped and a new five-story building will be added. Upon completion, the property will have more than 500 apartments for seniors.

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    The seven-story building will feature 103 rental apartments, 31 of which will be designated as affordable. The development is slated for completion in late 2019. 

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    Allmark Properties' portfolio includes six properties totaling 538 units in Rancho Cucamonga. The communities are operated as a single entity through a shared facilities agreement.

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    The 216-unit workforce housing project near Spokane will be part of the Northern Quest Resort & Casino. The deal marks Freddie Mac’s first development on Native American tribal land.

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