Commercial/Multifamily Briefs

Freddie Mac, McLean, Va., financed $73.2 billion in loan purchase and guarantee volume last year to remain the largest multifamily financier for the third consecutive year.

Commercial/Multifamily Briefs

Real estate and investment management firm Colony NorthStar sold The Townsend Group, Cleveland, to professional services firm Aon for $475 million.

Single-Family Rental Market Continues to Stabilize

Morningstar Credit Ratings, New York, said lease expirations across single-borrower, single-family rental securitizations declined to 5.2% in November while the average retention rate of expiring leases improved to 79.3%.