Southern Pine Apartments is a 240 unit Class A market rate apartment community located in Virginia Beach, Virginia. Using HUD’s Section 221d4 New Construction program for insurance advances, AGM obtained a HUD-insured mortgage of $36,492,700 and a fixed interest rate with a 40-year term.
Blog Articles
February Pulse Check: Despite the Headlines, with FHA You Can Fix Your Rate & Forget It
The change in Administration brought with it a flood of news about agency closings, furloughs, buyouts, and the like. It’s been tough to keep up.
