AGM recently closed a portfolio of 11 properties located across North Carolina and South Carolina. The properties range in size from 63 and 156 units and are largely garden-style walk-up apartments with Section 8 contracts. Using HUD’s Section 223(f) refinance program, AGM obtained HUD-insured mortgages for each property with total proceeds exceeding $30,000,000 for the portfolio. Each mortgage is non-recourse and fully amortizing at a fixed interest rate.
Press Releases
AGM Financial Services’ Matt Daddio Appointed to Howard County Housing and Community Development Board
BALTIMORE, September 26, 2024 – AGM Financial Services is proud to announce that Matt Daddio, Deputy Chief Underwriter, Vice President at AGM, has been appointed