Paragon News

Debt seasoning changes in the draft Section 232 handbook could mean millions.

According to Vice President of Paragon Mortgage Corporation, Jason F. Israel, HUD released an updated version of the Sec. 232 LEAN program.  Still in draft form, the proposed changes will make it easi
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“The most complicated housing project in the State of Arizona.”

Paragon Mortgage Corporation arranged the HUD 221(d)(4) Substantial Rehabilitation construction loan for Coffelt-Lamoreaux Apartment Homes – one of the largest, most complex RAD conversion proje
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Paragon Finances New Apartment Development in Prescott, AZ

Market need was a notable factor for the Willow Creek development resulting in very limited rental housing options. These factors contributed to increased market rents and waiting lists which led to l
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Paragon Mortgage providing loan for largest RAD conversion project in Southwest

Coffelt-Lamoreaux Apartment Homes is the largest and most complex single Rental Assistance Demonstration (RAD) conversion combined with Federal Housing Administration (FHA) financing in the State of A
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Paragon Welcomes Castro-Ramirez of HUD to Coffelt-Lamoreaux

Principal Deputy Assistant Secretary Lourdes Castro-Ramirez of the U.S. Department of Housing and Urban Development’s (HUD) Office of Public and Indian Housing joined other city and county officials a
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