Camden Property Trust, a Houston-based real estate investment trust, has priced a $200 million offering of 5.375% senior unsecured notes at 99.424.The multifamily REIT will use the net proceeds of approximately $198 million to reduce the balance under its unsecured credit facility. Camden can be found on the Web at http://www.camdenliving.com.
The private student loan market figures to benefit from Republican-led changes to the much larger federal program. But other consumer lenders could face a fallout as more Americans are forced to reconsider which debt payments to prioritize.
Recent signals indicate this could be on the horizon and potentially add new value to a Fannie Mae/Freddie Mac stock offering, a Seeking Alpha analyst wrote.
Three Western states rank most unaffordable compared to income, while those in Midwest and Southern states have more leeway in their budgets for homeownership.
A Florida appraiser faces decades in prison after taking another's identity and claiming he conducted on-site inspection reports while based abroad.
Mike Kortas is looking to keep loan officers in the loop through the entire mortgage loan customer lifecycle and beyond, with the launch of evoLend.
Private residential construction spending rose 0.3% from April and 1.8% from a year ago to a seasonally adjusted annual rate of $930.2 billion in May.
