Tag: multifamily lending
Multifamily mortgage originations rise and return to seasonal pattern
A report from the Mortgage Bankers’ Association (MBA) says that multifamily mortgage originations were up 56 percent year-over-year in Q3. Originations of all commercial...
Smith Hill Capital with ECI Group and InterVest Form $250M Multifamily Lending Platform
Smith Hill Capital (“Smith Hill”), ECI Group (“ECI”), and InterVest have launched a $250 million private lending platform to provide financial solutions including first...
Merchants Capital Completes $324M Freddie Mac Q-Series Transaction
Leading financial services provider Merchants Capital announced the completion of its fifth Freddie Mac-sponsored Q-Series transaction, a $324.6 million securitization of 13 stabilized multifamily...
Jessica Correnti Joins Capital Square as Senior Vice President of National Accounts
Capital Square, one of the nation’s leading sponsors of tax-advantaged real estate investments and an active developer and manager of housing communities, announced that...
Citymark Capital Appoints Michael McRoberts to the Firm’s Advisory Board
Citymark Capital, a leading US real estate private equity platform headquartered in Cleveland, Ohio, is pleased to announce that Michael McRoberts has been appointed...
Fannie Mae Announces New Plans for Tenant Protections at GSE-Financed Multifamily Properties
Fannie Mae (FNMA/OTCQB) released additional information regarding new protections for tenants in multifamily properties with mortgages backed by Fannie Mae and Freddie Mac, the...
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...
Multifamily CMBS delinquency rate slightly higher in March
Trepp reported that delinquency rate for multifamily commercial mortgage-backed securities (CMBS) loans rose slightly in March, increasing 3 basis points. Overall CBMS delinquency rate declines For...
GSEs dominate growth in multifamily mortgages outstanding in Q4
A Mortgage Bankers Association (MBA) report shows that the growth in multifamily mortgage debt outstanding in Q4 2023 was down from that in Q3....
Multifamily CMBS delinquency rate lower in February
Trepp reported that delinquency rate for multifamily commercial mortgage-backed securities (CMBS) loans declined slightly in February, falling 10 basis points. Overall CBMS delinquency rate declines For...
Multifamily mortgage originations fall in Q4
A report from the Mortgage Bankers’ Association (MBA) says that multifamily mortgage originations in Q4 2023 were down 27 percent year-over-year despite rising 13...
Multifamily CMBS delinquency and special servicing rates drop again
Trepp reported that the delinquency rate for multifamily commercial mortgage-backed security (CMBS) loans declined in January, falling 71 basis point. Trepp also reported that...
12 percent of multifamily mortgage balances mature in 2024
Twenty percent ($929 billion) of the $4.7 trillion of outstanding commercial and multifamily mortgages held by lenders and investors will mature in 2024, a...
MBA forecasts 25 percent rise in multifamily lending in 2024
Total commercial and multifamily mortgage borrowing and lending is expected to rise to $576 billion in 2024, which is a 29 percent increase from...
CMBS delinquency and special servicing rates fall slightly
Trepp reported that delinquency rate for multifamily commercial mortgage-backed securities (CMBS) loans declined slightly in December, falling 7 basis points. Trepp also reported that...
