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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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The Midtown Center development in D.C., where Fannie Mae is headquartered.
News

Carr Properties Offering 49% Stake In Midtown Center At $1B Valuation

... of the former Washington Post headquarters, delivered in mid-2018. Fannie Mae leased 752K SF of the project in 2015, the largest ... $525M loan originated last year that expires in 2029, and Fannie Mae's lease runs until 2033, according to Real Estate Alert ...

Oct 07, 2020
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home buyers market for sale
News

Apartment Owners Likely To Reap Rewards Of Housing Market Headaches

... moving into the second half of the year. In June, Fannie Mae lowered its forecast of mortgage originations and home sales for ... market’s “primary constraint,” the agency said in a statement. Fannie Mae forecast that home sales will fall 13.5% year-over ...

Jun 29, 2022
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The Bisnow Weekender: Don’t Fear The Black Swan
News

The Bisnow Weekender: Don’t Fear The Black Swan

... From The Week … — Meridian Capital Names New CEO Amid Fannie, Freddie 'Blacklist' — 5 Charts That Capture Miami Real Estate ... might do to the still-fragile regional banking system. Fannie Mae, Freddie Mac and federal housing regulators are launching wider ...

Mar 28, 2024
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$525B In Multifamily Debt Set To Mature In The Next 5 Years
News

$525B In Multifamily Debt Set To Mature In The Next 5 Years

... in the same period, according to Yardi.  Loans originated by Fannie Mae and Freddie Mac have the largest volume of maturities but ... or more years, Yardi found.  The delinquency rate for multifamily Fannie and Freddie loans has risen to about 0.4% from ...

Mar 14, 2024
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Insights On The Evolving Multifamily Market: Rebounding Rents, Tech Transformation And More
News

Insights On The Evolving Multifamily Market: Rebounding Rents, Tech Transformation And More

... the multifamily market will continue.  Bisnow: When it comes to Fannie Mae and Freddie Mac, what do multifamily owners and developers need ... to keep in mind going forward?   O’Brien: Fannie Mae and Freddie Mac remain a primary source of capital for ...

May 10, 2022
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