Jacksonville Towers is a 100-unit existing 9-story apartment complex built in 1979 and located in Jacksonville, Arkansas. A new $3,924,000 HUD-insured mortgage was made using Section 223(f) in accordance with HUD’s Section 202 refinancing requirements. The new loan has a 35-year term.
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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