Commercial and multifamily mortgage loan originations were 49% lower in the third quarter of 2023 compared to a year ago and decreased 7% from the second quarter, according to the Mortgage Bankers Association’s Quarterly Survey of Commercial/Multifamily Mortgage Bankers Originations. While a full-year 2023 view will not be available for a little while, it was a down year.
Tag: Freddie Mac Multifamily
Dealmaker: Cushman & Wakefield Arranges $223M Refinancing for Connecticut Portfolio
Cushman & Wakefield, Chicago, served as exclusive adviser to the ownership group in procuring $223 million to refinance the Harbor Point portfolio in Stamford, Conn.
Dealmaker: Newmark Secures $947M for Park La Brea Apartments in Los Angeles
Newmark Group, New York, secured a $947 million loan for Los Angeles’ Park La Brea, the largest apartment community on the West Coast.
Freddie Mac Multifamily: Apartment Investment Market Index Rises
Freddie Mac Multifamily reported its Apartment Investment Market Index rose by 5.3% in the first quarter but decreased year over year, with the annual index down 16.6%.
Commercial/Multifamily Briefs April 27, 2023
Briefs from Freddie Mac Multifamily, Standard Real Estate Investments LP, GCM Grosvenor.
Freddie Mac Multifamily Investment Index Drops
The Freddie Mac Multifamily Apartment Investment Market Index fell by 7.6% in the fourth quarter, and by 25.8% year over year.
Freddie Mac Multifamily Analyzes Statewide Tenant Protections
Freddie Mac Multifamily, McLean, Va., released a comparative analysis of tenant protections provided by state landlord tenant acts.
Freddie Mac: Multifamily Market to Moderate
Freddie Mac, McLean, Va., said the multifamily market will likely continue to cool off this year.
Freddie Mac: Apartment Investment Market Index Further Declines
The Freddie Mac Multifamily Apartment Investment Market Index declined 5.4% in the third quarter. The index is down 23.5% year over year.
Commercial/Multifamily News Briefs Nov. 10, 2022
News in brief from HUD, Strawberry Fields REIT, Aeon Investments.