Multi-family sector thriving; Affordability a major concern

screen-shot-2016-12-12-at-3-07-04-pmBy Jann Swanson | Mortgage News Daily

Multi-family housing, in the words of a Freddie Mac executive vice president, is on a roll. David Brickman says his company is on track to purchase approximately $55 billion in multifamily loans this year and to securitize over $50 billion of them. Both would be new records. Further, he says the industry and Freddie Mac can grow, barring any surprises, by another 5 to 10 percent in 2017. This, he says, is not a market being driven by leverage and speculation but by sound economic fundamentals and that those fundamentals, including values and rents, appear likely to continue growing, albeit at a more moderate pace.

Continued:

Share this!

Additional Articles

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.

News Categories
December 2016
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031