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    “I prefer working with Atlantic where the senior people take a hands on approach.”

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    “They added value by introducing me to lending sources I wouldn’t have been able to access on my own.”

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Featured Transaction

Portfolio of 20 Office Buildings/2 Flex

(Hampton Roads, VA)

Loan Amount

Property Type

Office

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Floating Rate Balance Sheet

Lender

Bank

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News

April 15, 2020

Changes to Agency Lending

Fannie Mae and Freddie Mac delegate their lending partners to underwrite, approve and service loans while setting the program underwriting guidelines and agreeing to purchase the mortgage at a future date. Before Covid-19, rates were sitting around 3% for most loans in most markets. These two government backed loan programs are the largest source of…

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April 15, 2020

VHDA’s COVID-19 Forbearance Response

Virginia Housing Development Authority (VHDA) loan forbearance is available to any Borrower who documents and certifies that the Borrower, the development, and its tenants are experiencing hardship as a consequence of the COVID-19 emergency. A hardship will be defined by a decrease in actual monthly rents collected of at least 15% compared to those collected…

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