The market for permanent financing is a crowded place these days, but one new player is determined to serve apartment developers for the long term. Judging from its past successes, it can’t be counted out.
Even as the ranks of multifamily construction lenders continue to thin, borrowers can expect to see a broader array of loan products from the newly consolidated financial institutions.
Fannie Mae reached an agreement on May 23 with the Office of Federal Housing Enterprise Oversight (OFHEO) to address concerns over an accounting scandal at the mortgage giant
APARTMENT FINANCE TODAY presented four hypothetical examples of loan requests to a panel of expert lenders to get their responses.
Toledo, Ohio – The executives running InvesTek, a local multifamily developer, have been looking for something in addition to apartments lately: bigger office space to accommodate their small but growing company, which has steadily been adding prop