TX New Construction Featured Deal in Northeast Houston, Texas Seth Blumenthal, one of Asset Based Lending’s leading loan officers, recently closed a ground up new construction loan for a 4-unit townhome development in Northeast Houston, Texas. This deal was brought to...
Multifamily Property Purchase in St. Joseph Missouri Michael Chadwick is Asset Based Lending’s Vice President and Area of Manager for New England. He joined ABL in 2020 with 20 years of real estate and financial services experience. As a real estate investor himself,...
Stabilized Bridge Loan Featured Deal in New Bedford, Massachusetts Torin Francis, one of Asset Based Lending’s leading loan officers, recently closed a stabilized bridge loan in New Bedford, Massachusetts with a new borrower. This acquisition of a 5-unit property,...
New Construction Featured Deal in Franklin Lakes, New Jerset Kevin Mohollen, one of Asset Based Lending’s Loan Officers for New Jersey, New York and Connecticut, recently funded a land purchase and single-family new construction deal in Franklin Lakes New Jersey....
Flip Volume Down, But Profits Up, Especially in Southern Markets Since the first quarter of 2022 when the percentage of flipped homes sold peaked at 9.9%, the flipping market experienced a slowdown. Flipping rates dropped down to 8% in the second quarter of 2023,...
Newly Built Homes Are Playing a Big Role in The Housing Market In recent weeks, there has been a noticeable decline in mortgage rates. However, the housing sector faced a setback with a peak near 8% last month, negatively affecting new home sales, according to the...
