There are options, but which is the best one? By Blake Janover (HousingWire.com Article) — The Freddie Mac Small Balance Loan Program has long been the most coveted multifamily loan for stabilized properties in need of financing between $1 million and $6 million (and in some cases a little more), but is it the best product for your property? Statistically...Continue reading »
Author Archives: 2!xMyNQ#FV8h4U
CBRE report shows top 20 markets for apartment completions By Ben Lane (HousingWire.com Article) — Thanks to a report last week from CBRE, we already know that construction activity in multifamily real estate last year was more robust than almost any other year since the 1980s. According to the CBRE report, there were 267,900 units completed in 2018, slightly...Continue reading »
Nestpick data reveals the gap in affordability and equality for specific neighborhoods within popular U.S. cities. By Symone Garvett (MultiFamilyExecutive.com Article) — The cost of an apartment varies not only from city to city, but also from one street corner to the next, says apartment search engine Nestpick. To give single and family renters...Continue reading »
Here’s how to use technology to simplify property management without sacrificing relationships with residents. By Adrian Adriano (MultiFamilyExecutive.com Article) — Property managers are masters in juggling priorities. They’re responsible for managing client business interests, delivering excellent customer service to tenants, and overseeing vendors....Continue reading »
When smartly executed, these real estate plays offer investors and developers solid returns and the opportunity to create social capital. By Flynann Janisse & Keith Rosenthal (MultiHousingNews.com Article) — As investors, we are sometimes quick to overlook opportunities that may not initially appear as lucrative as others. Or, to our own...Continue reading »
In the current cycle, property fundamentals are strong enough to withstand a shock to the system. By Bendix Anderson (NREI Online Article) — Even if there is an economic downturn in the near future, the apartment sector is likely to hold up, according to industry experts. “Apartments are still resilient against a possible recession,” says...Continue reading »
By Cameron Sperance (Bisnow.com Article) — The term “Manhattanization” is often wielded in city planning meetings around the U.S. to stoke fear of high prices and displacement that could come from density luxury developments. But Minnesota’s largest city now has urban planners desperately seeking “Minneapolisization.” In December, the city passed Minneapolis...Continue reading »
GSE raises loan limit to bolster affordable housing By Caroline Basile (HousingWire.com Article) — Fannie Mae is doubling its loan limit for small multifamily mortgages in an effort to ensure an increased affordable housing supply. Effective immediately, the government-sponsored enterprise’s small loan limit is now $6 million, doubling the previous...Continue reading »
