Dwight Capital Closes $130M HUD Refi on N. Miami Apartments

Dwight Capital has closed a $130 million cash-out HUD 223(f) refinance for The Gardens Residences, a 358-unit luxury high-rise apartment building in the heart of Downtown North Miami, Florida. The loan proceeds will be used to retire an existing Dwight Mortgage Trust bridge loan, return equity to th

Buyers: How Much Home Can You Afford?

More homebuyers may be ready to enter the market now – figuring out debt-to-income ratio, interest rates, budget considerations and other factors are key.

Jobless Rate Continues to Move Up in March

Florida’s unemployment rate ticked up for the 7th month in a row in March to 4.7%, reflecting about 523K qualified as out-of-work from a labor force of 11.15M.

Remodeling Sector Sees Solid Growth

NAHB: The latest data shows remodeling remains strong for the residential construction market, reflecting sustained consumer demand and industry confidence.