Real estate transactions

07/11/11 APARTMENTS: McCann Realty Partners has acquired the 324-unit Estancia at Shadowlake apartments at 2840 Shadowbriar. The complex was built in 2005 and will be managed by Pegasus Residential. The acquisition was funded in part by a Freddie Mac loan originated by Wells Fargo Multifamily Capital.

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Bill to reform Fannie, Freddie unlikely soon

07/12/11 WASHINGTON (Reuters) - The U.S. housing finance system badly needs an overhaul, but chances for winding down ailing mortgage giants Fannie Mae and Freddie Mac in the near term are remote, the top Republican on the U.S. House of Representatives Financial Services Committee said on Tuesday.

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$27M in Financing Fixes Former Adjustable Loans

07/15/11 The deal was put into place by the Small Loan Group of Centerline that specializes in providing Fannie Mae small loan financing on stabilized multi-family and mobile home communities nationwide.

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