Housing Wire

NOVEMBER 14, 2023

Government sponsored-enterprises (GSEs) Fannie Mae and Freddie Mac will each have a $70 billion cap for multifamily loan purchases in 2024, the Federal Housing Finance Agency (FHFA) announced Tuesday. The combined $140 billion volume considers the given market condition. Over the last two years, the cap has been reduced.

Loans 346

Loans Finance Lending Mortgages 346

Eye on Housing

MARCH 1, 2022

Per NAHB’s latest Home Building Geography Index (HBGI), through the second half of 2021, multifamily home building rebounded from quarterly declines that began at the outset of the pandemic. Comparing the regional geographies’.

Marketing 105

Marketing Construction Residential 105

A Student of the Real Estate Game

OCTOBER 21, 2023

Although it’s only been a few months since my last state of the multifamily market update , I feel like it’s time to write another one. If you read only the headlines (or Twitter), you’d think we’re in a deep recession and all multifamily is distressed. The Fed will cut rates, money will flow into multifamily, and the U.S.

Marketing 59

Marketing Equity Investor As-is 59

Housing Wire

MAY 30, 2023

The Federal Housing Finance Agency (FHFA) issued on Tuesday a request for input (RFI) regarding protections for tenants at multifamily housing properties backed by mortgages from Fannie Mae and Freddie Mac. FHFA seeks feedback from a diverse set of viewpoints on issues related to multifamily tenant protections.”

Finance 396

Finance Mortgages As-is Marketing 396

Housing Wire

AUGUST 30, 2023

Freddie Mac on Wednesday announced that company veteran Peter Lillestolen will serve as vice president, production and sales of Targeted Affordable Housing (TAH) at Freddie Mac Multifamily. Lillestolen, a 12-year veteran of the government-sponsored enterprise (GSE), has worked in multifamily in several different roles.

Finance 397

Finance Equity Sales As-is 397

Housing Wire

AUGUST 1, 2023

More than 2,200 different multifamily lenders provided $480.1 This is according to an annual report of the multifamily lending market compiled and released by the Mortgage Bankers Association (MBA). One-third of active multifamily lenders made five or fewer loans over the course of 2022, according to MBA.

Lending 362

Lending Commercial Banks Mortgages 362

Housing Wire

JUNE 30, 2023

The Federal Housing Administration (FHA) published Mortgagee Letter (ML) 2023-14 this week, which increases the threshold from $75 million to $120 million for multifamily loans to be considered large loans. This marks the first major increase to the threshold since 2014.

Loans 384

Loans Development Finance Design 384

Housing Wire

FEBRUARY 7, 2024

Less than a year after coming to the rescue of Signature Bank during the market turmoil of March 2023, New York Community Bancorp (NYCB) faces a confidence crisis due to its exposure to commercial real estate loans. NYCB’s provisions for loan losses surged to $552 million in Q4 2023, up from $62 million in the previous quarter.

Mortgages 439

Mortgages Banks Marketing Commercial 439

Swiftlane

JUNE 27, 2023

In today’s increasingly competitive multifamily industry, having a strong marketing strategy has become essential for apartment communities to attract more tenants.

Marketing 52

Marketing Industrial 52

Housing Wire

NOVEMBER 10, 2022

The Federal Housing Finance Agency (FHFA) announced on Thursday that the 2023 multifamily loan purchase caps for Fannie Mae and the Freddie Mac will be $75 billion for each government-sponsored enterprise (GSE), for a combined total of $150 billion to support the multifamily market, according to an announcement from the FHFA.

Loans 370

Loans Finance Design Mortgages 370

Bigger Pockets

SEPTEMBER 13, 2022

The multifamily real estate market seemed almost impenetrable over the past two years. Unless you had millions in dry powder, ready to overpay for a huge apartment complex, there was […].

Marketing 81

Marketing 81

Swiftlane

FEBRUARY 9, 2022

In this week’s issue, we analyze the fastest-growing multifamily markets in 2022. The Story Over the past few weeks, we have seen new reports of various multifamily growth trends, and the markets that are likely to grow fastest. Last year was a blockbuster one for multifamily investment.

Marketing 52

Marketing 52

Housing Wire

MARCH 21, 2024

Mike Fratantoni , the chief economist and senior vice president of research and industry technology at the Mortgage Bankers Association (MBA), addressed three major challenges in the housing market during testimony before the U.S. House of Representatives ‘ Financial Services Subcommittee on Housing and Insurance.

Industrial 409

Industrial Banks Residential Lending 409

Housing Wire

OCTOBER 23, 2023

“As rents ease and both home prices and mortgage rates continue to climb, it’s become more economical to rent than to buy in nearly all major markets,” Danielle Hale, chief economist at Realtor.com said in a statement. An influx of new multifamily units on the market drove prices down, improving affordability for units of all sizes.

Mortgages 439

Mortgages Marketing As-is Finance 439

Housing Wire

FEBRUARY 22, 2024

There were 1 million existing homes on the market at the end of January, compared to an inventory of 1.59 It is widely expected that overall market activity will increase in 2024,” Lisa Sturtevant, chief economist at Bright MLS, said in a statement. But this influx of apartment supply won’t be equally distributed across markets.

Sales 432

Sales MLS Mortgages As-is 432

Housing Wire

AUGUST 20, 2020

A new report from the National Association of Home Builders shows confidence in the market for new multifamily housing increased in the second quarter but still remains weak. On the other hand, the Multifamily Vacancy Index increased three points, to 62, indicating there are more vacancies.

Development 491

Development Sales Marketing As-is 491

Housing Wire

APRIL 24, 2024

rental sector has benefitted most landlords in this country, from larger multifamily investors to smaller mom-and-pop owners. In order to tackle these challenges and respond to evolving market dynamics, one pivotal shift has been the integration of property technology (proptech) into management practices. The strength of the U.S.

Marketing 450

Marketing Investor Technology Industrial 450

Housing Wire

NOVEMBER 14, 2023

Fannie Mae announced on Tuesday that its Multifamily Positive Rent Payment (PRP) pilot program, originally scheduled to expire this year, has been extended through December 2024 in light of new survey data and an impact analysis.

Pre-approval 450

Pre-approval Loans Finance Mortgages 450

Housing Wire

MARCH 1, 2022

Markets Served. Real Estate Sales, Real Estate Investment and SFR, Multifamily / CRE. Real Estate Sales, Real Estate Investment and SFR, Multifamily / CRE. Real Estate Sales, Real Estate Investment and SFR, Multifamily / CRE. Market Leader. Real Estate Sales, Real Estate Investment and SFR Multifamily / CRE.

Technology 384

Technology Sales MLS Title 384

Housing Wire

SEPTEMBER 7, 2023

MBA members are very concerned that private property insurance has reached a point of critical market dislocation,” the letter said. Reforming FHA’s multifamily program by keeping these challenges in mind will be an important step, Kilmer said.

Commercial 409

Commercial Banks Residential Mortgages 409

RIS Media

MARCH 14, 2024

The multifamily rental market recently stabilized as housing market challenges persist, seeing its first price rise in seven months. Yardi’s latest National Multifamily Report for February found that multifamily rents rose slightly by $1 to $1,713, while year-over-year growth was unchanged at 0.6%.

Marketing 119

Marketing Industrial 119

Housing Wire

FEBRUARY 28, 2021

These companies are truly leading the way toward a more innovative and efficient housing market. Markets Served. Real Estate Investment and SFR, Multifamily / CRE. Real Estate Sales, Multifamily / CRE. Real Estate Investment and SFR, Multifamily / CRE. Real Estate Sales, Multifamily / CRE. Company Name.

Technology 421

Technology Sales Industrial Closing 421

Housing Wire

SEPTEMBER 15, 2023

The bonds are secured by “long-term, low-rate” loans made primarily to developers of low-income multifamily apartment complexes. BlackRock Financial Market Advisory had preliminary conversations with investors about the bonds, the report said, citing unnamed sources.

Banks 421

Banks Mortgages Loans Investor 421

Housing Wire

MARCH 20, 2023

Signature Bank, a New York-based large multifamily lender that disastrously bet big on crypto , collapsed last week after lacking liquidity amid a deposit run. It says the transaction adds new verticals, including middle market specialty finance, healthcare lending and SBA lending. Flagstar Bank , a top-20 U.S.

Banks 370

Banks Lending Commercial Loans 370

Swiftlane

JANUARY 10, 2022

The multifamily housing development market bounced back strongly after the economic uncertainty of 2020. According to Dodge Data & Analytics, multifamily housing starts grew 19% in 2021. A further 5% increase is expected in 2022 as demand for Class A buildings and living experiences continue to outnumber supply.

Development 52

Development Marketing As-is 52

Eye on Housing

FEBRUARY 22, 2024

Confidence in the market for new multifamily housing was in negative territory for the fourth quarter, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB). The MMS produces two separate indices.

Development 105

Development Marketing 105

Inman

MARCH 19, 2024

With new and evolving software solutions, multifamily expert Andy Larson writes, any landlord can thrive in the rental market by letting automation, big data and smart spaces do much of the heavy lifting.

Technology 163

Technology Marketing Agents 163

Inman

MARCH 11, 2024

Multifamily investors can thrive even during periods of more moderate growth by understanding their renters, markets and properties, Michael Zaransky writes.

Marketing 161

Marketing Investor 161

Eye on Housing

NOVEMBER 16, 2023

Confidence in the market for new multifamily housing was in negative territory for the third quarter, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB). The MMS produces two separate indices.

Finance 108

Finance Development Marketing 108

Inman

APRIL 8, 2024

The acquisition of AIR Communities marks Blackstone's largest in the multifamily sector and shows a bullishness in rental housing, as well as a mentality that the commercial market may be bottoming out.

Commercial 127

Commercial Marketing 127

Eye on Housing

FEBRUARY 22, 2024

According to NAHB analysis of quarterly Census data, the count of multifamily, for-rent housing starts declined somewhat during the fourth quarter of 2023. For the quarter, 102,000 multifamily residences started construction. Of this total, 98,000 were built-for-rent.

Construction 111

Construction Marketing 111

Inman

DECEMBER 12, 2023

The WeWork founder quietly scooped up $1 billion worth of apartment buildings near the peak of the multifamily housing market. His first building is now in lease-up. Here’s what we know.

Marketing 171

Marketing 171

Bigger Pockets

FEBRUARY 27, 2024

Would you buy multifamily real estate now? Asset prices are falling, mortgage rates are still high, banks aren’t taking on new loans, and every real estate “expert” thinks that the […]

Banks 65

Banks Marketing Loans Mortgages 65

Eye on Housing

AUGUST 17, 2023

Confidence in the market for new multifamily housing was in positive territory for the second quarter, according to results from the Multifamily Market Survey (MMS) released today by the National Association of Home Builders (NAHB). The MMS produces two separate indices. Read More ›

Development 98

Development Marketing 98

Eye on Housing

NOVEMBER 27, 2023

According to NAHB analysis of quarterly Census data, the count of multifamily, for-rent housing starts remained elevated during the third quarter of 2023. For the quarter, 104,000 multifamily residences started construction. Of this total, 101,000 were built-for-rent.

Construction 127

Construction Marketing 127

RIS Media

JANUARY 12, 2024

According to the latest Yardi® Matrix National Multifamily Report, 2023 ended without another upswing in the multifamily rental market; in fact, December was the fifth month of declines in a row. … The post Multifamily Rents End Year With Another Decline appeared first on RISMedia. The average U.S. in November.…

Marketing 126

Marketing Industrial 126

RIS Media

FEBRUARY 15, 2024

A Yardi Matrix Multifamily Supply Forecast update predicts that the company’s Q4 2023 report is still on course: new construction has eased, the under-construction pipeline is vigorous and elevated deliveries are expected for the remainder of 2024 and 2025. Multifamily markets tracked by Yardi in Q1 indicated 1.25

Construction 114

Construction New Construction Marketing Industrial 114