Total 4 Posts
Capital Markets Insight: Janover Ventures' Camilo Padron Discusses New Fannie Mae Small Loan Closing
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.
Expert Insight: Interest Rate Decreases, Fannie and Freddie Rate Increases, and the Multifamily Market
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.