Commercial/Multifamily Briefs, June 6, 2024

(Image courtesy of Markus Winkler via

Alliant Credit Union Launches SBL Edge

Alliant Credit Union, Chicago, has launched SBL Edge–a lending platform designed for small-balance commercial real estate borrowers in multifamily, manufactured housing and self-storage.

Via the platform, owners of stabilized properties can refinance existing loans or fund acquisitions by working with an experienced lender.

HUD Provides Updates on Benchmarking Initiative

The U.S. Department of Housing and Urban Development announced more than 700 properties have already signed up for the Multifamily Benchmarking Initiative, providing no-cost energy and water benchmarking services to eligible HUD-assisted properties.

It supports efforts to lower energy costs while promoting climate resiliency, preservation and sustainability.

For more information or to sign up to participate, click here.