Infinity Apartments is a 235 unit Class A community located in Virginia Beach, Virginia. The property includes a 5,500 square foot clubhouse, outdoor swimming pool and 34 detached garages. Using HUD’s Section 221d4 New Construction program for insurance advances, AGM obtained a HUD-insured mortgage of $30,537,700 at a fixed interest rate with a 40-year term.

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AGM & NAHB on Capitol Hill
Last week, the National Association of Home Builders held its Spring Legislative Conference and Leadership Meetings in Washington, DC. The Legislative Conference saw more than