Dickey Hill Forest Apartments is a 204-unit market rate apartment community built in 1985 located in Baltimore, Maryland. Dickey Hill Forest Apartments was financed under the HUD 223(f) program. The new $8,800,000 HUD-insured loan has a 35-year term. The owner will make $13,126 per unit in repairs and upgrades. In order to help preserve the property, Baltimore City and the State of Maryland agreed to re-subordinate loans made when the apartments were first built.
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There are Encouraging Signs, But No Clear Direction…Yet
Long-term rates have been rising since their recent lows in September. The bond market is reacting to uncertainty – uncertainty about inflation, jobs, tariffs, tax