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Here’s how a dodgy network of commercial mortgage brokers may cost Morgan Management their multifamily empire – The Morgan family is established as one of the largest apartment empires in America. But probably not for long. Recently, prosecutors in New York allege that nearly $500 million in loans, obtained by.
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Interest rates on commercial loans are generally higher than on residential loans. Also, commercial real estate loans usually involve fees that add to the overall cost of the loan, including.
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