Finding ways to overcome the relentless cycle of homelessness is among the most daunting problems in society. But there is an example of hope coming more into view in Livermore, and it could provide more than just a drop in the bucket.
Affordable housing development for San Antonio lands financing May 7, 2021
Bellwether Enterprise Real Estate Capital LLC, the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment, Inc., announced today the closing of a $31,800,000 loan deal for the construction of Applewood Ranch Apartments, a new affordable multifamily property located at 6175 W Loop 1604 S, San Antonio, TX.
Phil Melton, National Director of Affordable/FHA Production, in Bellwether Enterprise’s Dallas, TX office, and Cindy Hannon, Senior Vice President in the Duluth, GA office, originated the loan on behalf of Mike Hogan, President and CEO of HomeSpring Realty Partners, and Bexar County Housing.
NEW YORK, NY - Greystone, a leading national commercial real estate finance company, announced that C. Lamar Seats has joined as Senior Vice President, FHA Production, effective immediately. In this role, Seats will oversee origination teams at Greystone handling multifamily, affordable housing and construction finance via HUD-insured programs.
Mr. Seats joins Greystone from the U.S. Department of Housing and Urban Development, where he served as Deputy Assistant Secretary of Multifamily Housing Programs for three years, overseeing $21 billion in production in FY2020. He was previously a Managing Director at M&T Realty Capital Corporation and served as Chief Executive officer of Bellwether Enterprise Real Estate Capital LLC upon acquisition by Enterprise Community Investment Inc, where he was Senior Vice President and head of the mortgage banking group. Earlier in his career, Mr. Seats worked in commercial loan roles at Reilly Mortgage Group, Wells Fargo Bank, Bankers Trust Company,
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