Southern Pine Apartments is a 240 unit Class A market rate apartment community located in Virginia Beach, Virginia. Using HUD’s Section 221d4 New Construction program for insurance advances, AGM obtained a HUD-insured mortgage of $36,492,700 and a fixed interest rate with a 40-year term.
Blog Articles
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