Inland Western Retail Real Estate Trust, a real estate investment trust based in Oak Brook, Ill., has entered into a $225 million unsecured revolving line of credit.The three-year credit facility also has a $75 million accordion feature, the retail REIT said. KeyBank NA is the administrative agent for the facility. Inland Western can be found online at http://www.inland-western.com.
Five years after the Champlain Towers South collapse, while overall condo sales have held steady, the Miami market has had an 8 percentage point drop in share.
Low immigration and fertility rates paired with aging boomers could weaken the foundation of housing demand over the next decade, the MBA finds.
The notice of proposed rulemaking promotes manufactured housing loans backed by personal property while advising the rollback of requirements in other areas.
The bipartisan legislation aimed at reducing barriers to new home construction, which included certain community bank riders, passed the lower chamber by a 358-32 vote.
Tech companies may be the biggest winners of a custodial deposit provision tucked away in a much-touted bipartisan housing bill set to become law this week.
Affected team members were offered severance, and some have received opportunities to remain with the company, a Pennymac spokesperson said.
