George Smith Partners

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Multifamily Finance Experts Discuss 2020 Outlook

Borrowers still must pay attention to potential recession and macro trends. More

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Developer as Financier: Firms Target Mezz for Yield, and Acquisition

American Campus Communities is just one of a small but growing number of developers offering mezzanine financing as a way of finding more yield and/or acquiring new product. More

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Condo Developers Start Again, With Some Tough Lessons Learned

The condominium market is slowly starting to build, but developers are being much more careful in how they assess the demand. More

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Rise in Treasuries Threatens Deals

As the 10-year Treasury has risen over the month of March, deals that once looked... More

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Capital Streams Grow for Rehab

Just two years ago, it was hard to find money if you wanted to buy and rehab an... More

GSEs Capture More Than 60 Percent of Market in 2011

Though the competitive landscape grew more heated last year, the overall market for permanent multifamily debt also expanded, allowing Fannie and Freddie to capture more than a 60 percent market share. More

Construction Loans Getting Pricier?

The demand for construction debt is expected to be high in 2012 as developers urgently try to make up for lost time. But the supply of ready and willing banks will be a limiting factor. More

Construction Loans Getting Pricier?

The demand for construction debt is expected to be high in 2012 as developers urgently try to make up for lost time. But the supply of ready and willing banks will be a limiting factor. More

Freddie Readies ARM For Value-Add Deals

The market for repositioning deals is expected to pick up this year, and Freddie Mac is taking "a hard look at its adjustable rate programs" to better tailor them to value-add plays. More

Cap Rate Disparity Between Primary, Secondary Markets Shrinks

As investors balk at the gates of Gotham, cap rates for core assets in primary markets are inching up, with investors chasing yield and sending cap rates down in secondary markets. More

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