The Armstrong Mortgage Company

SERVING THE REAL ESTATE INDUSTRY OVER 40 YEARS

Testimonials

"Armstrong Mortgage maintains a working expertise of the standards of the industry, and adds the personal dedication that simplifies what can be a tedious process elsewhere.“

Christine S. Collins

Director of Development

Fairfield Homes, Inc.

"Armstrong Mortgage has not only provided me with top notch service over the years, but they have also treated me like family. The staff is very knowledgeable and professional, but they will also treat you as a friend. Our most recent refinance literally would not have happened if it were not for the staff at Armstrong Mortgage and their willingness to go above and beyond."

Wexford Inc.

Walter T. Krumm III - Principal

Welcome

ARMSTRONG MORTGAGE COMPANY is a full service Mortgage Banking firm, founded in 1971. Armstrong provides mortgage services for its clients, such as Multifamily Owners and Developers, Commercial Property Owners and Developers as well as Healthcare Developers and Owners. A major business emphasis is on the construction and permanent financing of new Apartment and Healthcare facilities such as Assisted Living and Nursing Home projects. In addition, we provide financing of existing Apartment and Commercial properties, including Industrial/Warehouse, Office and Retail.

FHA LENDING PROGRAM

As the mortgage insurance provider of HUD, FHA will insure mortgages to finance the acquisition, new construction, substantial rehabilitation and refinance of multifamily and healthcare properties nationwide.

GSE LENDING PROGRAM

A core component of GSE Lending's mission is to support the U.S. multifamily housing market to help serve the nation’s rental housing needs, focusing on low- to middle-income households and communities.

COMMERCIAL LENDING PROGRAMS

Armstrong Mortgage Company clients can rely on a broad selection of commercial real estate financial services. In addition to being an approved lender for HUD-FHA Multifamily Health Care and Senior Retirement Housing...

The Armstrong Mortgage Company

1225 Dublin Road
Columbus, OH 43215

Phone: (614) 481-8383
Fax: (614) 481-8833
[email protected]

Dalan Management, Elion Partners Acquire Adjacent 2 Manhattan Assets

The joint venture purchased adjacent buildings on the Upper West Side, totaling 68 units, for $66 million from AAG Management.
Greystone Closes $750M Debt Fund

The eight-year fund invests in debt financing across a range of real estate properties, which anticipates an investment capacity of more than $2.5 billion for loan products such as bridge and mezzanine financing.
Jupiter Realty to Open Chicago Luxury Building

The 465 North Park tower, which offers 444 units and more than 10,000 square feet of retail space, is one of the several recent high-rises changing Streeterville’s skyline.
OC Value-Add Community Changes Hands

Sleepy Hollow Apartments is a 25-unit infill property located in Anaheim Hills, Calif. The Bascom Group purchased the asset for $7.5 million.
Combined Properties Snags 200-Unit NoVa Asset for $41M

Renamed Reston Glade, the community features one-, two- and three-bedroom units. Built in 1974, the property has a 96 percent occupancy rate.
Peak Campus to Manage 2 Indianapolis Properties

Greyhound Village and University Lofts are owned by Strategic Capital Partners and add 780 beds to the management company's portfolio.

Existing Home Sales Below Expectations for Second Month

Posted To: MND NewsWireAnalysts were expecting existing home sales to rebound in May after they fell behind year-ago levels in April. However, the National Association of Realtors® (NAR) reported a second straight monthly loss , with the Northeast the only region where sales improved. Sales of existing single-family homes, townhomes, condos, and cooperative apartments were at a seasonally adjusted annual...
MBS Day Ahead: Checking in With "Longer-Term Trend"

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Mortgage Application Volume Second Highest of Year

Posted To: MND NewsWireMortgage interest rates waffled, moving in different directions depending on the product last week, but the volume of mortgage applications increased rather decisively . The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, surged by 5.1 percent during the week ended June 15. It was the largest increase in total mortgage...
MBS RECAP: Lowest Yields of The Month

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Mortgage Rates Barely Budge Despite Market Gains

Posted To: Mortgage Rate WatchMortgage rates didn't move much today, despite a somewhat decent improvement in bond markets. Overnight, trade war brinksmanship between the US and China had investors seeking the safe haven of bond markets. Excess demand for bonds pushes rates lower, all other things being equal. As is often the case with safe haven trades, US Treasuries saw...
Credit Scoring and HR Products; Freddie and Fannie - Never Standing Still

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Photos: Luxe condo redevelopment in River Oaks now open

The project came out 15 to 20 percent over budget.
What’s a nonprofit housing developer to do in hot real estate market? Raise an investment fund.

The fund specifically targets small-to mid-sized buildings in areas such as Adams Morgan and Columbia Heights that have seen a rapid rise in real estate prices.
Crane Watch update: Harbor Point's newest building gets underway; $100M Harbor East tower planned

It's been a big week for development in Baltimore. Work on Harbor Point's fourth office building, which is set to include a 156-room hotel, got underway Friday. And earlier this week the Baltimore Business Journal broke the news that a new 350-unit apartment tower is going up on Fleet Street between Harbor East and Little Italy. In the northern part of...
Exclusive: The Pohankas have sold countless cars. Now they are selling their Kalorama home.

Pohanka Automotive Group Chairman John Pohanka and wife, Lynn, are selling their 4,000-square-foot Kalorama townhouse for $2.85 million — opening a spot in one of the more exclusive townhouse communities in the ritzy D.C. neighborhood. The three-bedroom, four full-bathroom and two half-bathroom house is across the street from Mitchell Park in the Kalorama Square community and features a double living room,...
Get a look at M/I Homes’ models at Summit Park: PHOTOS

Daventry at Summit Park, a new high-end residential development from M/I Homes of Cincinnati LLC, is seeing a flurry of activity. Construction crews are busy at the new neighborhood next to the $75 million Summit Park in Blue Ash. Greg Williams, president of M/I Homes of Cincinnati, said about 20 homes are under construction in Daventry. “When we announced we would...
No end in sight for downtown Dayton housing boom, developers say

The demand for downtown housing continues to increase, and developers are looking for new opportunities to meet the need.