HUD's New Multifamily Czar Carol Galante to Focus on Rental Housing Financial Support, Sustainability Initiatives
Carol Galante, a recognizable and progressive thought leader within affordable and multifamily housing circles, was named deputy assistant secretary of multifamily housing at the U.S. Department of Housing and Urban Policy (HUD) Tuesday by President Barack Obama.
Multifamily Construction Financing Search Leads to FHA
What’s old is new again.
Apartment Finance Today Conference Sets the Stage for 2009
Multifamily movers and shakers gathered in Phoenix, Ariz., last week to kick off the three-day Apartment Finance Today Conference.
Capmark Finance Teeters On the Verge of Bankruptcy
Some of the multifamily industry’s largest lenders, including Washington Mutual, Wachovia, and Column Financial, have fallen from grace in the past year.
Short-term interest rates have fallen steeply from their highs in September, making construction financing more feasible.
Amend, Extend, and Hope: Lenders Look to Stop the Bleeding
As apartment fundamentals continue to erode, lenders are hoping to stop the increase in multifamily delinquency rates through a variety of portfolio management efforts.
A TARP/TALF Primer for Multifamily Borrowers
Understanding the U.S. government’s various financial stability programs can be difficult, to say the least.
A TARP/TALF Primer: Glossary of Terms
Troubled Asset Relief Program (TARP): The initial, overarching program created by the Emergency Economic Stabilization Act of 2008 and aimed at shoring up the nation’s financial system.
TALF CMBS Program Poised for Second-Half Run
The CMBS portion of TALF is gearing up for a second-half run that many hope will revive the dormant securitized loan market.
Uncertainty of Execution
If 2007 was the end of the party, 2009 will be the worst part of the hangover.