Multifamily

News coverage of the multifamily housing market for owners, brokers, agents, investors, lenders, appraisers and other service providers. Apartment and condo coverage including market rate, luxury, affordable, student housing and senior housing.

ARTICLES

  • Freddie Mac expands its multifamily executive team

    The GSE appoints 4 vice presidents to lead its multifamily channel
    Freddie Mac recently announced it expanded its multifamily mortgage banking team, appointing Geri Borger Urgo, Catherine Evans, Michael Case and Amanda Nunnink to newly expanded VP positions. Freddie Mac Multifamily Executive Vice President Debby Jenkins says its essential to identify and develop skilled leaders as the GSE continues to transform its business.
    Read More
  • The We Company launches real estate acquisition, management platform

    ARK will initially deploy $2.9 billion in total equity capital
    The We Company, the parent of shared workspace provider WeWork, announced this week it launched a global real estate acquisition and management platform, ARK. So, instead of paying to rent out space in existing buildings, then turning around and renting that space back out via its co-working spaces, The We Company will use ARK to cut out the middleman and become its own landlord.
    Read More
  • [Pulse] Here's how higher regulatory costs are impeding housing affordability

    Regulatory burdens are driving up costs, and it's a problem for the housing market
    Despite recent declines in mortgage interest rates, housing affordability continues to be a key concern for homebuyers. Studies show that regulatory burdens significantly elevate the cost of land development and construction, driving up costs that are passed on to the homebuyer. If we as a nation want to ease housing affordability barriers, communities should begin by reducing the regulatory burdens associated with developing land and building homes.
    Read More
  • New study shows NIMBYism is the biggest multifamily construction barrier

    National Apartment Association releases new report on apartment construction barriers
    According to a new study, NIMBYism is standing in the way of more affordable apartment construction across the U.S. As rents continue to rise, a new study from the National Apartment Association analyzed the factors in 29 major metros that make multifamily apartment construction more difficult to achieve nationwide.
    Read More
  • HUD plan to end public housing aid for undocumented immigrants could lead to evictions of 55,000 children

    Move could also lead to decrease in available public housing
    Approximately 55,000 children could be evicted from public housing if the Department of Housing and Urban Development goes through with a proposed plan to end public housing aid for undocumented immigrants, HUD revealed in a report on the rule change’s potential impact.
    Read More
  • Freddie Mac unveils new security to provide affordable housing liquidity for small lenders

    To help financial institutions with less than $10 billion in assets access additional liquidity
    Freddie Mac is launching a new security to help smaller lenders access additional liquidity for affordable housing financing. The GSE announced its new Private Placement PC Swap – or PPP – on Wednesday to help financial institutions with less than $10 billion in assets access additional liquidity for financing affordable housing.
    Read More
  • Parts of Boston's short-term rental ordinance blocked by judge

    Judge blocks two provisions of ordinance
    The city of Boston has been blocked from enacting two provisions of a short-term rental ordinance that was passed in summer 2018. A U.S. District Court judge declared Beantown can’t eject a short-term rental service from the city as punishment for posting and failing to remove listings that violate the ordinance.
    Read More