Items Tagged with 'multifamily housing'

ARTICLES

  • Calabria to Senate: Don’t expect any changes to GSE multifamily business

    FHFA director nominee says GSEs’ multifamily business is healthy
    While Mark Calabria could very well enact some significant changes at Fannie Mae and Freddie Mac if he’s approved to serve as the next director of the Federal Housing Finance Agency, Calabria told a Senate panel this week that there likely won’t be any changes to the way that Fannie and Freddie operate in the multifamily space.
    Read More
  • Fannie Mae grew its multifamily portfolio by nearly $30 billion in 2018

    GSE made $2.2 billion off multifamily last year
    Unlike its GSE counterpart, Fannie Mae had a great year in multifamily in both production and its bottom line. Both Fannie Mae and Freddie Mac grew their multifamily portfolios by sizable margins in 2018, but Freddie Mac saw its net income from multifamily fall by $700 million. Fannie Mae, on the other hand, saw its net income from multifamily rise by approximately $1.3 billion.
    Read More
  • Renters are renewing their leases more than ever before

    Rents rise, but people still choose to stay in their apartment
    Despite rents continuing to rise throughout much of 2018, renters are choosing to remain in the same apartment more than they ever have before, even if their rent goes up. In fact, a new report from RealPage shows that apartment resident retention (renters electing to renew their lease after its initial term expires) hit an all-time high last year.
    Read More
  • Multifamily real estate just had its best year since 2000

    Net absorption rose to highest level this century
    By just about any way you look at it, 2018 was the best year for multifamily real estate this century: Renters paid more for housing than they ever have before, Freddie Mac and Fannie Mae both had banner years, commercial and multifamily debt hit an all-time high, all while delinquencies remained at historic lows. And now, we have clear evidence that last year was the market's best year since 2000.
    Read More
  • Fannie Mae reveals the top multifamily lenders of 2018

    Which company tops Fannie Mae’s list?
    Earlier this month, Freddie Mac revealed the top 10 lenders that led its multifamily business in 2018. CBRE topped Freddie Mac’s list, with Berkadia and HFF coming in second and third, respectively. But what about the multifamily lenders that do business with Fannie Mae instead? Which lenders did the most business with Fannie Mae last year? Well, we’re glad you asked, because this week, Fannie Mae revealed its top 10 lenders of 2018.
    Read More
  • Freddie Mac just had its biggest year ever in multifamily

    Multifamily support hits all-time high
    We already knew that Freddie Mac set an all-time record for multifamily security issuance in 2018, so it probably shouldn’t come as a surprise that 2018 was the government-sponsored enterprise’s best overall year ever in multifamily. Here are more details about how the GSE got there.
    Read More
  • NRP Group rolling out multifamily property management services

    In-house services now available to third parties
    The NRP Group, a developer, builder, and manager of multifamily housing, is set to begin offering its property management services to third parties. NRP Group announced this week that it is rolling out NRP Management, which will allow other multifamily developers and property managers to use NRP Group’s property management services.
    Read More