Friday, April 12, 2024

Tag: Fannie Mae

Fannie Mae helps make the 30-year fixed-rate mortgage and affordable rental housing possible for millions of Americans. We partner with lenders to create housing opportunities for families across the country. We are driving positive changes in housing finance to make the home buying process easier, while reducing costs and risk.

Belmar Villas

ColRich Acquires its 19th Denver-Area Property, Belmar Villas in Lakewood for $74.3M

ColRich Multifamily has acquired Belmar Villas, a 318-unit multifamily community in the Denver suburb of Lakewood, Colorado. ColRich paid $74.3 million for the project. Independence...
soft landing for economy means slowly declining inflation with positive GDP growth

Fannie Mae predicts a soft landing for economy

Fannie Mae’s February economic forecast calls for a steady decline in inflation while both GDP growth and employment growth remain positive, if subdued. The...
Park Vue Flats

BWE Secures $18.5M in Financing for St. Louis Workforce Housing Portfolio – One Loop...

BWE, a national commercial and multifamily mortgage banking company, announced that it has secured permanent financing for One Loop Apartments, Broadway Park Apartments, and...
Rock Creek Terrace

Hudson Valley Property Group Acquires 1140-Unit Portfolio Across Maryland & North Carolina Including Rock...

Hudson Valley Property Group (HVPG), a leading, national affordable housing preservation company, announced the acquisition of a five-property portfolio spanning 1140 units across the...
Cosmopolitan Apartments

JLL Arranged the Sale of and the Acquisition Financing for the 258-unit Cosmopolitan Apartments...

JLL announced that it has closed the sale of and the acquisition financing for The Cosmopolitan Apartments, an eight-story, 258-unit, distinguished multi-housing community located...
economic growth forecast

Fannie Mae no longer forecasts recession

Fannie Mae’s January economic forecast is their first since April 2022 that does not anticipate that the U.S. economy will go into recession as...
Midtown 360

De Anza Properties Secures $78M in Financing for Midtown 360 Apartments in Orem Utah

De Anza Properties has secured a $78 million financing of its Salt Lake City Midtown 360 property. Northmarq arranged the permanent fixed-rate loan on behalf...

Fannie Mae predicts instability and cloudy skies in 2024

Fannie Mae issued a multifamily market forecast this month predicting instability and cloudy skies in 2024. “Our prediction of turbulence in the multifamily...
Pearce at Pavilion

Universe Holdings Enters New Market with $66M Multifamily Acquisition Pearce at Pavilion in Tampa...

Universe Holdings has made its entry into the Florida real estate market with the acquisition of Pearce at Pavilion, a 250-unit multifamily property in...
Edgeway

Colliers Structured Finance Group Closes $27.8M Refinancing for Edgeway Apartment Community in Bellflower California

The Colliers Structured Finance Group (SFG) has closed a $27,765,000 Fannie Mae loan for the refinancing of Edgeway, a 91-unit multifamily property in Bellflower,...
economic and housing starts forecast

Fannie Mae sees milder housing downturn

Fannie Mae’s December economic and housing forecast predicts that single-family and multifamily starts will fall in 2024, but not as far as they predicted...
Mary Bruno

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...
economic forecast

GDP downturn still expected, but later

Fannie Mae’s November economic and housing forecast still predicts that GDP growth will turn negative, but not until later than in their prior forecasts. With...
Intrigue Apartments

NewPoint Provides $17.5M in Financing to Facilitate the Acquisition of Intrigue Apartments in Las...

NewPoint Real Estate Capital has provided $17.5 million in Fannie Mae DUS® conventional multifamily financing to facilitate the acquisition of Intrigue Apartments, a 193-unit...
economic growth gdp growth

Multifamily starts forecast lower

Fannie Mae’s October economic and housing forecast predicts lower multifamily starts in both 2023 and 2024 than called for in last month’s forecast. Multifamily starts...

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