Multifamily

Tech companies like Amazon, Microsoft and Facebook all have locations near the new development, which PointOne Holdings and The NRP Group highlighted in announcing the project.

Amid the COVID-19 pandemic, FourPoint Capital Markets was able to work successfully alongside the developer, Focal Point Development, and lender to push this loan closing across the finish line.

The new order comes amid reports of renters getting eviction notices despite federal, state and local moratoriums during the pandemic.

Depending on how an agreement is structured, both the buyer and seller are at risk for material hardship, says DLA Piper's Mark Yura.

As more states reopen, it's critical for property managers to prepare to welcome their tenants in larger volumes, advise ownership on best practices and implement practices to keep everyone safe.

As more banks experience record losses and deal with other priorities, it has reduced the urgency and increased demand for tax credits.

The chief executive officer at Enterprise Community Partners says due to the current lack of government funding, philanthropy donations can fill the short term relief that is desperately needed.

"There has never been a more important time than now to prudently and actively manage your property's expenses," a Trepp research report said