McLEAN, VA—The year isn't over yet but Freddie Mac is feeling pretty good about its multifamily numbers. When it's all tallied up, the GSE expects it will have financed more than $45 billion in loans for the year, EVP David Brickman tells GlobeSt.com.
Of that, about $2 billion will be for small balance loans -- a product that it began securitizing in August of 2015. and that quickly found a following among borrowers and partners.
More than $1 billion of that $45 billion will be in manufactured housing community loans, another new offering.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
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.
