2009 is a year to work on things you can control and tread lightly on new ventures. It is not a time to sit on your hands, but it is also not a year for taking great risks. Read more
Mel Gamzon, president of Senior Housing Investment Advisors, Inc., is a prolific dealmaker in the seniors housing business. Read more
With conventional construction lenders reluctant to fund new apartment projects and take-out mortgage lenders sticking with conservative leverage levels, many market-rate developers are gravitating toward the program known as “(d)(4).” Read more
Linwood Thompson, managing director of Marcus & Millichap, will present a wide-ranging forecast of the apartment market at the Apartment Finance Today Conference, held March 30 to April 1 at the Arizona Biltmore in Phoenix. Read more
Meeting Multifamily Mortgage Needs
Though the current financial crisis originated in the single-family sector, as APARTMENT FINANCE TODAY readers well know, it has since spread to other sectors. Thus, there is a looming liquidity crisis that could seriously impair the apartment sector. Read more
In two research reports released in February, the Mortgage Bankers Association (MBA) paints a sobering picture of the recent past and near future. Read more
When an investor needed cash quickly to buy Hinkston Pond Apartments, it turned to a Fannie Mae program. Read more
Freddie Mac also had a record-setting year in 2008. Read more
Washington Mutual has been one of the most prolific lenders to the multifamily industry, originating at least $9 billion in debt annually for the last three years. Read more
San Diego— Massive losses and deep layoff s in the fi nance industry didn't stop bankers and commercial real estate dealmakers from converging on San Diego for this year's Mortgage Bankers Association's (MBA) Commercial Real Estate Finance/Multifamily Housing Convention & Expo—but the crisis that started in 2008 did put a damper on the mood. Read more