Earlier this week, Senate Democrats voted down a bill that would have essentially dissolved Fannie Mae and Freddie Mac after their conservatorship period was over. Introduced by Senate Republicans John McCain (AZ), Judd Gregg (NH) and Richard Shelby (AL), the amendment to the financial regulatory reform...
Though Fannie and Freddie are actively lending, there are plenty of borrowers out there that can't access those funds, resulting in opportunities for creative players.
A recent suit in US District Court over whether an Arlington County affordable housing project violated the first amendment brings to light some questions over partnerships formed to develop real estate projects. A local resident filed the suit, alleging that an affordable housing development above a...
Transaction activity is on pace for a fourth consecutive monthly increase, but that's not the case in the multifamily sector. The good news for sellers is cap rates are nonetheless declining.
Freddie Mac announced last week a new lending platform for apartment owners looking to refinance their debt. Working with experienced players in the industry, McLean, VA-based company will help provide mezzanine financing on certain multifamily first mortgages it buys. The move will greatly benefit apartment...
Roommates. They're a fact of life for many young people who want to live in the heart of major cities across the country, with what rents are nowadays. But what many don't know is that they may be breaking the law. As explained in a recent article in the New York Times, several areas, including-surprisingly-New...
Things aren't booming, but respondents to the latest PricewaterhouseCoopers Korpacz survey are positive that apartments will be a leader in the recovery.