The Federal Home Loan Mortgage Corporation, commonly known as Freddie Mac, is an American publicly traded, government-sponsored enterprise, headquartered in Tysons, Virginia. The FHLMC was created in 1970 to expand the secondary market for mortgages in the US. Freddie Mac was chartered by Congress in 1970 to support the U.S. housing finance system and help ensure a reliable and affordable supply of mortgage funds across the country. Rather than lending directly to borrowers, Freddie Mac operates in the U.S. secondary mortgage market, buying loans that meet our standards from approved lenders. Those lenders are then, in turn, able to provide more loans to qualified borrowers and keep capital flowing into the housing market. Freddie Mac then pools the mortgages it buys into securities, which they sell to investors around the world.
Tag: Freddie Mac
Walker & Dunlop Secures $91M Loan for Blue Rock Village in California
Walker & Dunlop, Inc. announced that it arranged $91.45 million in loan proceeds for the refinance of Blue Rock Village, a 560-unit, Class B,...
29th Street Announces Preferred Equity Investment for Milo on Westheimer in Houston
29th Street Finance proudly announces the successful completion of a $4.5MM preferred equity investment at Milo on Westheimer, a 2015 vintage, 230-unit Class A...
JLL Secures Acquisition Financing for The Reserve on Kingsland in Texas’ Thriving Katy Submarket
JLL Capital Markets announced that it has arranged the financing for The Reserve on Kingsland, formerly known as Lenox Reserve, a 382-unit, Class A...
Berkadia Arranges $107.3M Debt Package to Refinance Florida Multifamily Portfolio
Berkadia, a distinguished leader in the commercial real estate sector, announces that it has secured $107.3 million in debt to refinance a three-property Florida...
M&T RCC Arranges $50M Freddie Mac Loan for Premier 56-Unit Luxury Multifamily Rental Building...
M&T Realty Capital Corporation® (M&T RCC) announces the closing of a $50 million Freddie Mac loan for The Alyn, a premier 56-unit luxury multifamily...
MG Properties Acquires Recently Completed 314 Residential Unit Citron Apartments in Anaheim California for...
MG Properties, a leading real estate investment and management company, has completed the acquisition of Citron Apartments, a recently completed community with 314 residential...
Berkadia Arranges $33.3M Acquisition Loan for Gateway on 4th Apartments in St. Petersburg
Berkadia, a distinguished leader in the commercial real estate sector, announces that it secured a $33.3 million loan for the acquisition of Gateway on...
Merchants Capital Secures $231M in Total Financing for 877-Unit NYCHA PACT Renovation of Eastchester...
Leading financial services provider Merchants Capital announced $231 million in total financing for the renovation of Eastchester Gardens, a $391 million New York City...
Joint Venture Celebrates the Grand Opening of $43.5M Affordable Mount Hermon Apartments for Seniors...
Housing Trust Group (HTG), a leading multifamily developer, and Mount Hermon African Methodist Episcopal Church Inc., under the ministry of Rev. Dr. Henry E....
Red Oak Capital Holdings Provides $1.55M for Renovated DFW-Area Treehouse Apartments
Red Oak Capital Holdings, LLC, a leading provider of private capital solutions for commercial real estate, has closed a $1.55-million bridge loan for the...
Berkadia Arranges Sale and Financing of Addison Landing in Jacksonville
Berkadia, a distinguished leader in the commercial real estate sector, announced the sale of Addison Landing, a 289-unit multifamily community located in Jacksonville, Florida.
Senior...
Kayne Anderson Real Estate Closes Opportunistic Real Estate Debt Fund Above Target at $1.7B
Kayne Anderson Real Estate (or the "Firm"), the real estate private equity arm of Kayne Anderson announced the close of Kayne Anderson Real Estate...
JLL Announces Sale & Acquisition Financing is Secured for Camden Midtown in Houston
JLL Capital Markets announced that it has arranged the successful sale and financing of the community formerly known as Camden Midtown, a 337-unit, three-story...
TruAmerica Multifamily Completes Recapitalization of Runaway Bay in Tampa Bay with Townsend Group as...
TruAmerica Multifamily, a national, institutionally focused multifamily investment firm, has successfully recapitalized Runaway Bay, a 192-unit apartment community in central Pinellas County, Florida.
"We're excited...
Northmarq Arranges $38.3M Sale and $24.9M Acquisition Financing for NOVO Apartments in Rowland Heights
Northmarq's Westlake Village Multifamily Investment Sales team led by Vince Norris, Mike Smith, Jim Fisher and Tommy Yates, in collaboration with Northmarq's Newport Beach...