Recent Posts
Featured Posts

Multifamily Borrowers and Tenants Get CARES Aid


The U.S. government often says it cares but then it doesn’t act. But the CARES Act, the rescue package that Congress passed in March actually cares!

To address a potential destabilization in the multifamily rental market, the Federal Housing Finance Agency ("FHFA"), through the CARES Act, has created protective orders that will benefit tenants and landlords of multifamily properties with federally backed mortgages. This approach will avoid evictions and foreclosures that would likely happen when state courts reopen.

Included in this legislation is a national 120-day eviction moratorium that went into effect on March 27, 2020.

There is also good news for multifamily property owners who hold federally backed mortgages. They can now apply for loan forbearance if their federally backed loans were in good standing prior to the Covid-19 outbreak.

Read on HERE

Mr. Willig engages and coordinates a professional team of real estate brokers, general contractors, leasing agents, and property managers in order to rehabilitate, lease and maintain the properties he acquires for SpringView Investments. He has over 20 years of finance and accounting experience.

Follow Us
Search By Tags
Archive
  • Facebook Basic Square
  • Twitter Basic Square
  • LinkedIn Social Icon

@ 2017 SpringView Investments, LLC    All Rights Reserved.    Brooklyn, NY 11210      Legal     Sitemap     Site by Serebrin Partners 

For more information:

917-209-4452