Freddie Mac Multifamily
Total 12 Posts
Freddie Mac, a government-sponsored enterprise, offers multifamily loans for a variety of property types, all through its new Optigo lending program. Most loans are non-recourse include specific programs for conventional apartments, affordable housing, student housing, and seniors housing.
The financing package includes $262 million in debt and $40 million in equity secured through Freddie Mac and an institutional investor.
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.
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.