Multifamily starts forecast to rise throughout 2025 and 2026
Fannie Mae’s November housing forecast calls for multifamily housing starts to bottom out at the end of 2024 and then to steadily increase through the rest of the forecast horizon. Despite the growth, the...
Belveron Partners Closes Seventh Real Estate Fund with $354M in Capital Commitments
Belveron Partners (“Belveron”), a privately held real estate investment management firm focused on the preservation and creation of affordable housing assets, has announced the final close of its seventh fund, Flagship Fund VII (“Fund...
MSCI: Multifamily property prices lead decline in October
The latest commercial property price report from MSCI Real Capital Analytics said that multifamily property prices fell 0.3 percent in October from their level of the month before. Prices were down 6.1 percent from...
Dwight Mortgage Trust Closes $384M Securitization via Freddie Mac’s Q-Deal Program
Dwight Mortgage Trust (DMT) completed what is reportedly the largest multifamily mortgage loan securitization through Freddie Mac’s Q-Series program in the past two years. The $383.5-million floating-rate Q-Deal, Q029, comprises nine loans secured by...
Multifamily starts higher despite fall in permits
The Census Bureau’s new residential construction report stated that multifamily starts moved higher after last month's fall. However, both multifamily permits and completions were lower for the month. The number of permits issued for buildings...
2025 GSE multifamily loan caps set
The Federal Housing Finance Agency (FHFA) announced that the 2025 multifamily loan purchase caps for Fannie Mae and Freddie Mac (the Enterprises) will be $73 billion for each Enterprise, for a combined total of...
Builder sentiment improves after election
Builder sentiment improved for the third straight month and builders expect market conditions will continue to improve with Republicans winning control of the White House and Congress. Builder confidence in the market for newly built...
Multifamily CMBS special servicing rate higher in October
Trepp reported that special servicing rate for multifamily commercial mortgage-backed securities (CMBS) loans moved higher for the third month in a row in October, rising another 14 basis points. The overall CMBS special servicing...
Greystone Management Solutions Restructures as the Greystone Real Estate Advisory Group
After a quarter of a century providing best in class commercial real estate management services to the public sector, Greystone Management Solutions is rebranding as the Greystone Real Estate Advisory Group. This new identity...
Hudson Realty Capital Launches $800M Bridge-to-HUD Loan Program for Multifamily Projects
Hudson Realty Capital, an integrated commercial real estate investment manager and FHA/HUD lender that provides financial solutions to sponsors across the U.S., announced the launch of a new bridge to HUD loan program for...
Which multifamily market will see the highest rent growth in 2025?
Moody’s Analytics associate director and economist Nick Villa gazes into his crystal ball to determine which markets will see the highest apartment rent growth in 2025.He leans on Moody’s Q3 2024 Preliminary...
Construction materials prices rise in October
The producer price index (PPI) report from the Bureau of Labor Statistics (BLS) stated that construction materials prices rose 0.3 percent month-over-month in October on a seasonally adjusted basis. However, the change in construction...
The Community Preservation Corporation (CPC) Raises $200M Through Private Sustainability Bond Sale
The Community Preservation Corporation (CPC), a mission-driven nonprofit multifamily housing finance company, announced that it raised $200 million through a private offering of Sustainability Bonds. CPC’s issuance was led by Goldman Sachs & Co....
Dominium’s Paul Sween to be Inducted into the Affordable Housing Finance Hall of Fame
Dominium, a leading affordable housing owner, developer and manager is proud to announce that Senior Managing Partner Paul Sween is being inducted into the Affordable Housing Finance Hall of Fame. Sween’s induction highlights his unwavering...
BWE Secures $260M for National Multifamily Portfolio
BWE, a national commercial and multifamily mortgage banking company, announced that it has secured a $260,000,000 loan to refinance a national multifamily portfolio of six multifamily properties consisting of over 1,500 units in Austin,...