Multifamily

Some property managers are taking the view that such disclosures only increase the stress among residents.

By providing cash to residents and benefits to businesses, the Act can serve as a lifeline.

The funding for the New Jersey transit system was announced by US Rep. Chris Smith (R-NJ) and requires no local matching cost-share. The $2-trillion stimulus bill called the Coronavirus Aid, Relief, and Economic Security (CARES) Act was passed by the House and signed into law by President Trump on March 27.

In this EXCLUSIVE, James Rice, vice president with AEI Consultants, recently shared his insights into navigating the HUD process, cost reduction and environmental issues on the horizon.

Amid social isolation and national quarantine guidelines attributed to the current coronavirus pandemic, an Astoria, Queens apartment building at 31-65 29th St. has traded for $16.7 million.

Fore recently secured a $49.6 million loan to develop the property from BBVA.