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Blackstone's $10B Multifamily Buy Could Be A Starting Gun For Investors
News

Blackstone's $10B Multifamily Buy Could Be A Starting Gun For Investors

... growth turned negative in the fourth quarter, according to Fannie Mae, which projects apartment rents to grow between 1% and ... of new supply has dwindled compared to other regions. Fannie Mae noted supply-constrained cities like Kansas City, Cincinnati and ...

Apr 09, 2024
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This Week's LA Deal Sheet
News

This Week's LA Deal Sheet

... *** The Colliers structured finance group closed a $27.8M Fannie Mae loan to refinance Edgeway, a 91-unit apartment complex in ... Lee, Bill Hyatt and Shahin Yazdi. Colliers closed the Fannie Mae loan prior to property stabilization. The Edgeway holds one-, ...

Jan 19, 2024
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Justice
News

Developer Accuses Lender Arbor Realty Trust Of Trying To 'Systematically Destroy' It

... the suit that Arbor told lies about Tzadik to a Fannie Mae employee who formerly worked at Arbor. That, the suit says ... , caused Fannie Mae to “blacklist” Tzadik, thus cutting off access to capital from ...

Nov 21, 2023
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Freddie Mac Headquarters 8200 Branch Drive McLean Virginia Washington DC
News

Freddie Mac To Lift Blacklist On Meridian Capital Group, Add New Guardrails

... a statement Thursday afternoon. Government-sponsored mortgage lenders Fannie Mae and Freddie Mac implemented a pause on Meridian- ... by Meridian to face additional reviews. By March, Fannie and Freddie had “effectively blacklisted” the brokerage, which ...

Oct 10, 2024
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Multifamily Construction Stays Strong As Activity Slows For Other Asset Classes
News

Multifamily Construction Stays Strong As Activity Slows For Other Asset Classes

... having an impact on single-family home construction, which Fannie Mae said reached its lowest level in two years in ... shortages also hindering building works, GlobeSt reported. Although a Fannie Mae market analysis for May said supply chain snags were ...

Jul 22, 2022
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Developers Are Finding Available Capital To Create More Workforce Housing
News

Developers Are Finding Available Capital To Create More Workforce Housing

... or fighting fires. In a report published in November, Fannie Mae grouped metro areas by characteristic and detailed their estimated shortfalls ... households between 80% and 120% of AMI, according to Fannie Mae. In tech-heavy areas like San Francisco and San ...

Jun 06, 2023
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The building at 3950 Wisconsin Ave. NW, photographed in June 2022.
News

Entire Office Building At City Ridge Development Put Up For Sublease

The historic, brick building that formerly housed Fannie Mae was renovated as part of Roadside’s $730M redevelopment of ... weak office market. Earlier this month, Bisnow first reported that Fannie Mae’s 720K SF headquarters at Midtown Center was back on ...

Jan 29, 2024
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$35B Of Securitized Debt On Multifamily Properties Scheduled To Mature In 2023
News

$35B Of Securitized Debt On Multifamily Properties Scheduled To Mature In 2023

... loan obligations, or CLOs, and multifamily mortgages securitized by Fannie Mae and Freddie Mac. At over $10B, single-borrower large ... scheduled to mature in 2023. About $7.3B in Fannie Mae securitizations are due this year, along with roughly $2B ...

Jan 31, 2023
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Freddie Mac Taps Longtime PNC Real Estate Exec As CEO
News

Freddie Mac Taps Longtime PNC Real Estate Exec As CEO

... said in a statement. Freddie Mac and its sister organization, Fannie Mae, have been at the center of a series of scandals ... valuation work on multifamily properties seeking loans from Freddie or Fannie.

Sep 10, 2024
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Office building
News

Where To Look For Hot CRE Opportunities In Today’s Chilly Market

... of the economy is in line with recent statements from Fannie Mae. The mortgage giant said it expects any potential recession ... period of easing monetary policy and a return to growth. Fannie Mae credited a “relatively limited degree of labor market slack” ...

Oct 25, 2022
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