For those seeking capital for a multifamily property, it’s important to articulate your strengths as a borrower to potential capital providers. To do so, here are five actions you can take to solidify your case for the financing you need in any economic cycle.
Category: Top National News
Real Estate Firms Rolling Out New Funds for Mom-and-Pop Investors (subscription)
Real estate giants like Blackstone Group and Starwood Capital Group have raised billions of dollars from individual investors through a product known as non-traded real estate investment trusts. These funds enable small investors to own a piece of hotels, office buildings, shopping centers and other properties typically owned by large institutions and their money managers.
CRE Industry Preps for New EB-5 Regulations
The U.S. government’s modernization of the immigrant investor program goes into effect today with new rules–most notably, an 80 percent increase in the investment minimum.
Investors Hit the Pause Button on CRE Debt Strategies
Private equity real estate funds have stepped up to be a major source of financing for the commercial real estate industry—and a bigger allocation for investors. However, fund managers may face a tougher road ahead for fundraising in the near term as capital flows to the sector slow.
Fannie and Freddie Will Likely Exit Conservatorship by 2024, Calabria Says
National Mortgage News, Nov. 13, 2019–Neil Haggerty (subscription) Federal Housing Finance Agency Director Mark Calabria said Fannie Mae and Freddie Mac are expected to be out of government conservatorship by …
Manhattan’s Rent Surge Is Cooling as Tenants Push Back on Hikes
Bloomberg, Nov. 14, 2019–Oshrat Carmiel The great Manhattan rent surge of 2019 is tapering off. Apartments leased for a median of $3,409 in October, up 0.7% from a year earlier, …
Inside a Chinese Developer’s Nearly $3 Billion Bet on the Storied Waldorf Astoria
Wall Street Journal, Nov. 13, 2019–Catherine Clarke (subscription) Frank Sinatra once paid $1 million a year for a suite at the hotel. Now its new owner is banking on the …
Fannie Further Narrows a Gap with Freddie in Multifamily CRT
National Mortgage News, Nov. 15, 2019–Bonnie Sinnock (subscription) The Federal Housing Financial Agency’s latest report on credit risk transfers shows Fannie Mae continues to slowly improve a multifamily mortgage risk-sharing …
Commercial and Multifamily Mortgages Experienced Q3 Growth
Commercial and multifamily borrowing continues to rise after a strong third quarter, the Mortgage Bankers Association said. MBA Vice President for Commercial Real Estate Research Jamie Woodwell discussed the figures with MPA.
The Government Should Have Shut Down Fannie and Freddie in 2008–They Still Can
Forbes, Nob. 4, 2019–Norbert Michel Our nation’s housing finance system was at the center of the 2008 financial crisis. Yet our elected officials have done nothing to fix the problem–until …