McLEAN, VA–Last year Freddie Mac closed $56.8 billion in loan purchase and bond guarantee volume, up from $47.3 billion in 2015. It also issued $51.2 billion in multifamily securities. Like Fannie Mae, which also just announced its top product category lenders, Freddie Mac attributes its success to its network of sellers and servicers.
And of course, the robust demand for all things multifamily. “Of all the uncertainty in the world multifamily feels like a modest risk,” David Brickman, executive vice president and head of the Multifamily Business told GlobeSt.com at the end of last year.
“There is high confidence in the asset class' returns and it shows very good prospects for continued growth,” he said.
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Erika Morphy
Erika Morphy has been writing about commercial real estate at GlobeSt.com for more than ten years, covering the capital markets, the Mid-Atlantic region and national topics. She's a nerd so favorite examples of the former include accounting standards, Basel III and what Congress is brewing.
