Instant Insights / Multifamily

News and deals in the multifamily asset class.


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Fannie Mae’s new headquarters

WASHINGTON, DC–Fannie Mae has just completed a transaction in which 7 reinsurers and insurers took on about $166 million of multifamily credit risk on a pool of debt that totals around $11.1 billion. The transaction, a credit insurance risk transfer, is the first time Fannie Mae widely marketed these assets to reinsurers and was pleasantly surprised to find the deal oversubscribed, according to Jonathan Gross, Vice President, Multifamily, Fannie Mae.

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.

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