Multifamily developers struggle to keep up with Austin's booming job market
Despite the annual ritual of pleading South by Southwest goers not to “move here,” Austin residents are still seeing a population influx fueled by job growth. And according to a recent report from Yardi, multifamily developers are struggling to keep up with the demand this market presents. In March, the metroplex saw an addition of 22,700 jobs, putting Austin’s employment growth rate at 2.5%, far above the nation’s average of 1.6%. With Apple and Amazon both announcing furthe
EB-5 Immigrant Investor Program :
EB-5 Immigrant Investor Program : Green Card for Immigrant Investors. "U.S. immigration law allows certain foreign nationals who are employment-based immigrants to become lawful permanent residents (get a Green Card). One employment-based (EB) “preference immigrant” category includes foreign nationals who have invested or are actively in the process of investing $1 million (or $500,000 in targeted employment areas) in a new commercial enterprise that will benefit the U.S. e
Construction, hard money and loan bridge loan is almost 50% of loans in Texas.
Many loans these days are not qualified for regular commercial CMBS or bank loans. Many builders and investors in Texas are depending on private and bridge loan for purchase, refinance and construction loans. Many borrowers in fact prefer these loans as they do not not many requirements and close faster. Commercial Partners of Texas, https://www.amerimort.com has been helping many borrowers in these aspects. Many bridge loan terms are as follows. 1. LTV up to 70% or 90% LTC
