Streets of Greenbrier is a 280-unit Class A apartment community to be built in Chesapeake, Virginia. AGM obtained a $36,273,500 HUD-insured loan pursuant to the Section 221(d)(4) for new construction. The loan amortizes over the 40 year permanent loan period. The project includes 17 studio units, 120 one-bedrooms, 106 two-bedrooms, 14 two-bedroom carriage homes, and 23 three-bedrooms.
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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
