Tag: Fannie and Freddie
Iconic Riverfront Towers Apartments in Detroit Goes Delinquent
The more-than-$80 million Freddie Mac commercial mortgage-backed securities loan for the rental portion of the once-iconic Detroit property Riverfront Towers has gone 30 days...
Multifamily mortgage debt outstanding reported higher in Q2
The Mortgage Bankers Association (MBA) reported that multifamily mortgage debt outstanding rose by $19.35 billion in Q2 from the revised level of the quarter...
Berkadia Secures $92.71M in Financing for Nine Senior Housing Communities in Four Different States
Berkadia announced the financing of nine assisted living seniors housing communities totaling $92.71 million located in Montana, Oregon, Arizona, and Florida, with all the...
Cushman & Wakefield and Greystone Arrange and Provide $33M in Construction Financing for New...
Cushman & Wakefield and Greystone jointly announced the firms have arranged and provided $33 million in construction financing for the development of Kōz on...
Housing goals set and actions defined for GSEs
The Federal Housing Finance Agency (FHFA) has proposed 2025-2027 housing goals for Fannie Mae and Freddie Mac for lending on both single-family and multifamily...
BWE Uses Creative Financing to Secure Nearly $50M for Manufactured and Affordable Housing in...
BWE, a national commercial and multifamily mortgage banking company, announced the closing of three financings totaling $47,127,000 to preserve, build, and provide permanent financing...
Finding value in green building designations
On January 11, 1964, U.S. Surgeon General Luther Terry issued a report that linked smoking cigarettes with developing lung cancer. We then debated into...
Q1 multifamily mortgage originations down from last year
A report from the Mortgage Bankers’ Association (MBA) says that originations of multifamily mortgages in Q1 2024 were down 7 percent year-over-year. Originations of...
JLL Hires Mary Bruno as National Director of Agency Due Diligence
JLL’s Value and Risk Advisory platform announced that it has hired Mary Bruno as the National Director of Agency Due Diligence. Bruno will report...
FHFA announces 2024 multifamily loan purchase caps
The Federal Housing Finance Agency (FHFA) announced that the 2024 multifamily loan purchase caps for Fannie Mae and Freddie Mac (the GSEs) will be...
MBA reports commercial mortgage delinquency rates on the rise
The Mortgage Bankers Association (MBA) reported that delinquency rates are growing for commercial mortgages issued by 4 of the 5 classes of lenders they...
FHFA requests input on multifamily tenant protections
On May 30, the Federal Housing Finance Agency (FHFA) issued a Request for Input (RFI) on tenant protections at multifamily properties with mortgages backed...
CBRE sees slower lending in Q1
A recent report from CBRE says that their commercial mortgage lending momentum index fell in Q1, dropping 33 percent quarter-over-quarter and 53.5 percent year-over...
Banks increase holdings of multifamily mortgage debt in Q3
A Mortgage Bankers Association (MBA) report on commercial and multifamily mortgage debt holdings shows that banks and thrifts again had by far the largest...
Multifamily mortgage debt rises in Q2 despite cuts
A Mortgage Bankers Association (MBA) report on commercial and multifamily mortgage debt holdings in Q2 2022 shows that banks and thrifts had the largest...
