Today the Department of Housing and Urban Development published Mortgagee Letter 2008-38 to provide further clarification regarding the requirements for repayment of Home Equity Conversion Mortgages ...
CHATTANOOGA, Tenn.--(BUSINESS WIRE)-- CBL Properties (NYSE:CBL) today announced that it had closed on a $78.0 million non-recourse loan secured by Cross Creek Mall in Fayetteville, NC. The new ...
The non-recourse construction loan had a 2-year term, with two 6-month extension options and achieved an 86% loan-to-cost. The Charleston project will offer (156) one-bedroom & studio units, (70) ...
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE:CBL) today announced that it, along with its 50% joint venture partner, Horizon Group Properties, closed a new $79.3 million loan ($39.7 ...
Through and including the third anniversary of the Closing Date, a cash amount equal to the present value at 7.00% discount rate of the aggregate dollar amount of scheduled interest payments on the ...
Trinity Street Capital Partners (TSCP), a real estate finance company, expands its non-recourse construction lending program to cover loan amounts from $25MM to $250MM. The program will cover ...
CBL Properties (NYSE:CBL) today announced that it had closed on nearly $158.0 million in financing activity in three separate ...