As Freddie Mac continues to build out its Capital Markets Execution program, a couple of recent deals show that the company has a healthy appetite for large transactions. More
One of the biggest issues facing multifamily lenders today is determining the “V” in LTV (loan-to-value). In the past, lenders could easily turn to the acquisition market to get a current read on valuations. But since there are very few acquisitions this year, lenders have nothing to measure against: In the absence of a trade, there’s no market-determined value. Anecdotally, everyone knows that values are falling in most, if not all, markets today. But how can you measure the rate of descent for that falling knife? More
The FHA's Sec. 223(f) program offers great rates and terms, but borrowers need a little patience. More