The market rate multifamily industry emerged from the first leg of the late-cycle supply boom relatively unscathed. Occupancy declined marginally in 2017, but not enough to materially impact investment returns. Rent growth was moderately slower but gains were impressive nevertheless, particularly in the second half. And, net operating income growth was quite robust, supporting constructive […]
EXECUTIVE SUMMARY While the benefits of FHA MAP and Lean loan programs are numerous, the application and approval process often is more complex and document–intensive than comparable conventional loans. In addition, the length of time between loan engagement and funding can be longer. Consequently, prospective borrowers are well-advised to engage an experienced lender to guide […]
What proposed changes stand out to you as most important? Delaveris: There are numerous changes, some big, some small. Three of the most impactful changes are related to cash-outs, operator debt, and identity of interest purchases. Let’s start with cash-outs. Can you provide an example of how the changes would work? Smeck: We want to […]
Owners of senior care facilities have heard from more than a few bankers and brokers in recent years as the industry has attracted an increasing amount of capital from a variety of sources. Among these capital sources, the FHA/HUD 232 programs have maintained their widespread appeal as a permanent financing solution for assisted living, memory […]
RED is pleased to have partnered with the Leading Mid-Atlantic not-for-profit developer Community Preservation and Development Corporation (CPDC) to transform its Edgewood Commons (formerly Edgewood Terrace) community in the fast-gentrifying Edgewood-Brookland neighborhood of Northeast D.C. With Phase I of renovations complete and a second phase of improvements underway, CPDC will celebrate these milestones on June […]
RED is pleased to present a visual guide to the Rental Assistance Demonstration program known as RAD. Click here to review the infographic. Want more? Fill out the form at the bottom of the infographic to receive a poster and complete guide.
Year 5 of the Post-Great Recession Recovery: Where Ohio and Its Regions Stand and Where They Are Heading Presented by: Daniel J. Hogan Director of Research RED Capital Group Click here to download the full presentation.
RED Capital Group is pleased to announce that Kathryn Burton Gray, Senior Managing Director for RED has been appointed as a member of the Senior Housing Council for the Urban Land Institute. ULI Council members play a critical role in building communities, developing and redeveloping neighborhoods, envisioning and re-creating business districts, planning and implementing industrial […]
RED‘s Guide to Seniors Housing Construction & Lending Terminology is now available. This guide is filled with the terminology that developers need when working to secure funding.
RED Capital Group is a wholly owned subsidiary of ORIX USA Corp.