KeyBank Originates $31M for Affordable Seattle Properties

KeyBank is committed to growing the Community Development Lending & Investment group (“CDLI”).. this position may be located in Seattle, WA or Portland, OR.. or commercial real estate.

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LEOMINSTER, Mass. – KeyBank Real Estate Capital has originated a $12.2 million Fannie Mae, first mortgage loan for Sunrise of Leominster in Leominster, approximately 40 miles west of Boston. Built in 1996, the three-story property features 70 units on a five-acre plot.

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The property is for residents 55 and older. Its initial phase was of 128 units was completed last year by Sharbell Development Corp. in Hamilton Township, which is in Mercer County, N.J. The new.

While the census figures indicate that housing is affordable in the Port Angeles region to a family earning the median income, one must weigh the fact that the average home value figures are on the low side due to the large number of older homes in the region.

10 Must Reads for the CRE Industry Today (May 9, 2019) Triple Net Lease Market: Near Perfect Want to live in downtown Miami? Now could be a time to move – The Miami Herald, 10/18/2017 It was around this time that hundreds of thousands of Cubans began emigrating to Miami to be processed inside the Freedom Tower in downtown Miami, which is known today as Miami’s Ellis Island. And through it all, New Yorkers continued to move down to Miami by the thousands, especially the Jews.10 Must Reads for the CRE Industry Today (May 28, 2019) May 28, 2019 Mortgage REITs increased their mortgage bond portfolios by almost 28 percent over the past year, according to the wall street journal.

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AMARILLO, CLEBURNE, CONROE, CYPRESS and FORT WORTH, Texas – KeyBank Real Estate Capital has originated $62 million in financing for a five-property portfolio of Heartis-branded communities in Texas. The properties involved in the financing are Heartis Amarillo, in Amarillo; Heartis.

Whitehall, Pa.-When development of Horizons at The Village at Whitehall began four years ago, the age-55-plus active adult community was envisioned as a for-sale property. But a funny thing happened.

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View all Jobs at KeyBank. Search, apply or sign up for job alerts at KeyBank Talent Network. Income Property Group: Key Bank- Corporate Buffalo, New York. 726 exchange street, Buffalo, NY, 14210, United States. Seattle, WA: Key Bank- Corporate Seattle, Washington. 1329 4th Avenue, Seattle.

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