Shaun Donovan: FHA D4 Changes are Necessary
The only game in town for construction debt is tightening its underwriting of market-rate deals.
2010 Apartment Finance Today Conference Promises Insight Into GSEs, Distressed Assets
Throw out everything you thought you knew about the capital markets: Today’s owners and developers are facing a new world order in their search for the best debt and equity deals.
Foreign Investors Coming Off the Sidelines
Foreign investors are planning to increase their investments in U.S. apartments this year, building on their activity in 2009.
Mezz Market Heats Up in First Quarter
The mezzanine financing market is heating up in the first quarter of 2010, with all-in rates dropping and more lenders re-emerging from the shadows.
Non-GSE Lenders Start Gaining Traction
An interesting trend was buried toward the end of the Mortgage Bankers Association fourth quarter origination report.
CMBS Delinquencies Hit 9 Percent, and Rising
The CMBS delinquency rate for multifamily loans has reached nearly 9 percent and will likely soon balloon another 400 basis points.
Freddie Keeps Tax Credits, Focuses on Preservation
The low-income housing tax credit industry can breathe a little easier this year: Freddie Mac is not actively pursuing a sale of its tax-credit portfolio.
Freddie Mac Plans More Emphasis on Multifamily
In many ways, Freddie Mac’s single-family side often overshadows the multifamily division.
End of an Era? Sec. 202’s Fate is Uncertain
The future of HUD’s Sec. 202 initiative is in doubt, as the 61-year old program suffers budget cuts and a proposed moratorium on new construction.
REITs Could Break Ground on $1 Billion This Year
Public REITs are poised to break ground on as much as $1 billion in new development this year in another sign of industry confidence that fundamentals are improving.