Camilo Padron

Last week, Janover Ventures' Camilo Padron closed a $910,000 Fannie Mae Small Loan for Sixth Avenue West, an apartment property in Hendersonville, North Carolina.

Last week, Janover Ventures' Camilo Padron closed a $1.79 million Fannie Mae Small Loan for Clarke Street Apartments, a 63-unit apartment property located in Hiawatha, Iowa.

This Wednesday, Janover Ventures’ Camilo Padron closed a $1.4 million Fannie Mae Small Loan for Pheasant Run Townhomes, an 18-unit apartment property in State College, Pennsylvania.

On July 31st, the Federal Reserve lowered interest rates by 0.25% to 2.25%, the first interest rate cut since 2008. And, on August 6th, Freddie Mac Multifamily announced that it was increasing rates and adding additional restrictions for its Small Balance Loan (SBL) program.

This week, Janover Ventures’ Camilo Padron closed a $2.7 million Fannie Mae Small Loan for Mainstreet Townhomes, a 34-unit apartment property in Chandler, TX.