Multifamily property financing
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Greystone Provides $20.7 Million in Fannie Mae Financing for Heather Glenn Apartments in Florida's Panhandle
Globenewswire· 2026-02-19 21:20
NEW YORK, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Greystone, a leading national commercial real estate finance company, announced it has provided $20,700,000 in Fannie Mae financing for the acquisition of Heather Glenn Apartments, a 168-unit multifamily property in Fort Walton Beach, Florida. The financing was originated by Rob Meehan and Avrom Forman, Managing Directors at Greystone. Heather Glenn Apartments, located in Okaloosa County, is a garden-style affordable housing community offering one-, two-, three-, ...
JPMorgan Raises Price Target on Arbor Realty (ABR) to $11.50, Maintains Underweight Rating
Yahoo Finance· 2025-10-22 02:22
Core Insights - Arbor Realty Trust, Inc. (NYSE:ABR) is recognized as one of the 11 High-Yield Dividend Stocks for steady cash flow [1] - JPMorgan has raised the price target for Arbor Realty to $11.50 from $11 while maintaining an Underweight rating [3] - The company has a quarterly dividend of $0.30 per share, resulting in a dividend yield of 10.17% as of October 21 [4] Company Overview - Arbor Realty Trust, Inc. is a mortgage real estate investment trust (mREIT) that focuses on financing multifamily properties [2] - The company's diversified business model generates income from various sources, including servicing fees, escrow income, net interest income, and one-time gains from origination fees [2] Market Outlook - JPMorgan's analyst noted that while uncertainty regarding future interest rate trends is diminishing, inflation remains a risk [3] - A steeper yield curve is expected to benefit residential mortgage REITs more than their commercial counterparts [3]