Agency Loans

The financing package includes $262 million in debt and $40 million in equity secured through Freddie Mac and an institutional investor.

On Nov. 8th, Janover Ventures' Brandon Ramineh closed an $830,000 Fannie Mae Small Loan for Serene Shores, a 20-unit apartment property in Corpus Christi, Texas.

Last week, Janover Ventures' Brandon Ramineh closed a $1,706,000 Fannie Mae Small Loan for Carriage House Apartments, a 30-unit apartment property in Ponchatoula, Louisiana.

This week, Multifamily.today sat down with Geoff Platt, Vice President at Arbor Realty Trust, a major agency and HUD/FHA multifamily lender, to discuss trends regarding Fannie Mae and Freddie Mac multifamily financing, among other important trends in the multifamily industry.

Last week, Janover Ventures' Brandon Ramineh closed an $870,000 Fannie Mae Small Loan for Pearl Street Apartments, a 10-unit apartment property located in Kansas City, Kansas.

The Federal Housing Finance Agency (FHFA) announced today that it’s setting new caps for the volume of multifamily loans that can be purchased by Fannie Mae and Freddie Mac between Q4 2019 and Q4 2020.

Agency loan rates have increased, making CMBS loans significantly more affordable for multifamily investors looking for fixed-rate debt.