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fromwww.mercurynews.com
1 week ago

Sale of apartment hub with hundreds of units near East Bay BART stop points to weakening market

WALNUT CREEK An apartment complex with hundreds of units near the Walnut Creek BART station has been bought for less than its assessed value in a sign that values for multifamily residential properties are drifting lower. Waymark, a residential hub that was built in 2020, has been bought for $190 million, according to documents filed on Aug. 29 with the Contra Costa County Recorder's Office. Waymark, a 358-unit apartment complex at 101 Pringle Avenue near the BART station in downtown Walnut Creek.
East Bay real estate
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SF real estate
fromwww.housingwire.com
3 months ago

This is how non-QM is critically helping achieve the American Dream

The Non-QM market is crucial for enabling diverse individuals to achieve homeownership by providing flexible lending options.
Non-QM lending supports borrowers with unique financial profiles, including self-employed and those with past credit issues.
Startup companies
fromwww.housingwire.com
3 months ago

Gradient Mortgage Capital launches to serve DSCR clientele

Gradient Mortgage Capital focuses on providing streamlined, reliable financing solutions to real estate investors, ensuring a strong customer experience and partnership.
fromwww.housingwire.com
5 months ago

Ginnie Mae names Joseph Gormley as EVP and COO

I am very happy to see Joe Gormley take the helm at Ginnie Mae as Executive Vice President and Chief Operating Officer... His leadership will bring stability and strength to this segment of the housing market.
SF real estate
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