Secondary markets are home to the fastest inventory growth for the small multifamily (5 to 49 units) asset sector. In this deeper dive into the trend, we provide more details on where exactly these growth markets are.
Your clients’ appetite for multifamily investment opportunities is increasing — so is their need for high-quality finance solutions. A correspondent partnership with an approved agency lender instantly expands your loan offerings to include non-recourse, permanent financing solutions without the need for an agency license. By clicking play above, you can listen to a discussion featuring Arbor and Fannie Mae, who recently sat down together at the MBA CREF/Multifamily Housing Convention & Expo in San Diego to let lenders know how a Correspondent Partnership can help their institution: Create a new avenue for business with limited risk or operational costs. Retain clients by meeting all of their multifamily and commercial investment needs. Utilize cutting-edge technology to create a branded loan portal. Access new referrals for business that falls outside our capabilities, but may be a great match for you.
Despite uncertainty surrounding the election and slowing rent growth in some higher-priced markets, U.S. multifamily properties remained a favored asset class during Q4 2016.
Class-B rent growth on the rise; Fannie Mae and Freddie Mac set multifamily volume records in 2016; stable growth expected for the commercial real estate sector — and more in this week’s multifamily news roundup.
FANNIE MAE DUS® Near-Stabilization Execution
Figures from the the latest Census update for year-end 2015 show stronger growth in the secondary and tertiary small asset apartment markets compared to the gateway markets.
You have a small apartment complex that’s provided you a good income over the years and has appreciated in value. Now it’s time to move on.
