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Cape Advisors secures $84M in loans for new Tribeca condo

Cape Advisors secures $84M in loans for new Tribeca condo

Who said it’s getting hard to finance new condominium projects in Manhattan? Soho-based developer Cape Advisors will proceed with...

Cape Advisors secures $84M in loans for new Tribeca condo
FHA reserves critically low

FHA reserves critically low

The Federal Housing Administration’s reserve fund has dropped below the federally mandated 2 percent ratio, down to .53 percent, according to an announcement made by officials this morning. The announcement comes on the heels...

FHA reserves critically low
FHA changes could pose serious financing problems for all classes of buyers

FHA changes could pose serious financing problems for all classes of buyers

As condominium unit sales increase, developers are facing difficulties with the financing of end loans for individual buyers. A...

FHA changes could pose serious financing problems for all classes of buyers
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