PNC Bank, N.A., Pittsburgh, closed a $181 million fund to develop and rehabilitate affordable rental housing for families and seniors. PNC said the fund will provide financing for nearly 1,800 affordable housing rental units at 17 multifamily properties across 13 states.
Tag: Fannie Mae
FHFA Proposes 2023-2024 Fannie Mae, Freddie Mac Multifamily Housing Goals
The Federal Housing Finance Agency on Tuesday proposed new benchmark levels for Fannie Mae and Freddie Mac multifamily housing goals in 2023 and 2024.
FHFA Releases GSE 2021 Mission Report
The Federal Housing Finance Agency released its annual Mission Report that describes Fannie Mae, Freddie Mac and Federal Home Loan Bank activities to increase access to financing for economic development and affordable, equitable and sustainable housing.
CMF Briefs from EQT Exeter, Redwood Capital Group, Fannie Mae
EQT AB, Stockholm, Sweden, agreed to acquire Redwood Capital Group, Chicago, a residential core plus and value-add investment manager.
Commercial and Multifamily Briefs April 22, 2022
Commercial and Multifamily Briefs from BlackStone, Madison Marquette, Highland Square Holdings and Fannie Mae.
Commercial and Multifamily Briefs March 31, 2022
Cushman & Wakefield acquired Grant Street Associates Inc. in Pittsburgh, Pa., after an 18-year alliance.
FHFA Finalizes 2022-2024 Single-Family, 2022 Multifamily Housing Goals
The Federal Housing Finance Agency released benchmark levels for Fannie Mae and Freddie Mac single-family housing goals for 2022 through 2024 and benchmark levels for multifamily housing goals for 2022.
Jan. 19: DUS Multifamily Asset Management Perspectives
Fannie Mae’s Delegated Underwriting and Servicing lending programs continue to grow and serve a substantial number of multifamily borrowers and tenants across the country. Join MBA education and the Asset …
MBA Submits Comments on FHFA Proposed GSE 2022-2024 Housing Goals
The Mortgage Bankers Association on Monday submitted comments to the Federal Housing Finance Agency on its proposed rule for 2022-2024 housing goals for Fannie Mae and Freddie Mac.
FHFA Extends COVID-19 Multifamily Forbearance
The Federal Housing Finance Agency said Fannie Mae and Freddie Mac will continue to offer COVID-19 forbearance to qualifying multifamily property owners as needed, subject to tenant protections the agency imposed during the pandemic.