This year’s industry developments continue to be dominated by the pandemic as well as associated social, political and economic impacts. Given this backdrop and the continued role of the GSEs in financing multifamily throughout market ups and downs, MBA NewsLink sat down with Fannie Mae’s Kim Betancourt to discuss trends and what to watch as the multifamily market evolves.
Tag: Multifamily
For Houses, More Bedrooms; Apartments, Less Space
In this pandemic-induced new normal, size matters if you’re a homeowner: average size of new single-family homes are bigger today than they were 10 years ago while apartment sizes appear to be shrinking, according to a new report from StorageCafe.
COVID-19 Economic Impact Reaches Small Multifamily Sector
COVID-19 pandemic effects are reaching the small multifamily sector, with loan originations and asset prices falling, reported Arbor and Chandan Economics.
Multifamily Leasing Bounces Back
New apartment lease signings “clawed back” to year-ago levels in late April after plunging nearly 50 percent in late March, reported RealPage, Richardson, Texas.
Multifamily Market Musings: A Q&A With PGIM’s Mike McRoberts
MBA NewsLink interviewed PGIM Real Estate Finance Managing Director Mike McRoberts, who serves as Chairman of the firm’s Agency platform.
Emerging Construction Lending Risks in the Age of COVID-19
On May 6, join MBA and a construction lending experts for a webinar (complimentary for MBA members).
HUD Announces New CARES Act Mortgage Payment Relief Guidance
HUD announced new mortgage payment relief guidance under the CARES Act for borrowers with multifamily mortgages insured by FHA or borrowers participating in other HUD multifamily housing programs.
HUD Releases Questions and Answers for Office of Multifamily Housing Stakeholders
On March 24 HUD released an industry update and provided questions and answers for Office of Multifamily Housing Stakeholders.
MBA: Commercial/Multifamily Mortgage Debt Grows by Largest Annual Amount Since 2006
The Mortgage Bankers Association reported commercial/multifamily mortgage debt outstanding at the end of 2019 rose by $248 billion (7.3 percent) from a year ago.
MBA: 3Q Commercial/Multifamily Mortgage Debt Increases By $75.7 Billion
Commercial/multifamily mortgage debt outstanding rose by $75.7 billion (2.2 percent) in the third quarter, according to the Mortgage Bankers Association’s Commercial/Multifamily Mortgage Debt Outstanding quarterly report.