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Commercial/Multifamily Briefs: Yardi Matrix, M&T Realty Capital Corp.
Yardi Matrix Launches Student Housing Platform
Yardi Matrix, Santa Barbara, Calif., will now report on the student housing sector.
The new research area comes as student housing owners and investors are navigating an uncertain environment caused by the COVID-19 pandemic. With many colleges and universities still making final decisions about what campus life and enrollment will look like in fall 2020, housing providers are anxious to see how this unprecedented situation will impact revenue streams and investment health.
Quarterly Yardi Matrix reports focused on the student housing market will be available beginning this summer.
Market coverage will include over 2,000 universities and colleges nationwide, including the top 200 investment-grade universities across all major collegiate conferences. Reports will also include shadow markets, meaning campus-proximate housing that often is rented by college students, though it may not be categorized as traditional student housing.
M&T Realty Capital Corp. Becomes Freddie Mac Multifamily Targeted Affordable Housing Lender
M&T Realty Capital Corp., Baltimore, is now an approved Freddie Mac Multifamily Targeted Affordable Housing Optigo lender.
The Optigo program provides financing for multifamily properties in underserved areas affordable to families with low and very-low incomes including cash loans, bond credit enhancements, tax-exempt loans and others. “Freddie Mac’s TAH program provides specialty financing products that enhance permanent financing options for developers and owners of affordable housing properties,” said M&T Realty Capital Corp. Affordable Housing Program Manager Jeffrey Rodman.