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Anatomy of a Banking Breakdown: What it Means for Affordable Housing Development

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Marcus & Millichap, EquityMultiple
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By Rob Wilkins More than two months after the implosion of Santa Clara-based Silicon Valley Bank (SVB) and the subsequent shuttering of San Francisco-based First Republic Bank, the short-term repercussions to the financing and production of affordable housing appear to be minimal. The sale of SVB to First Citizens Bank and JPMorgan Chase’s takeover of […]

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