Freddie Macheadquarters
WASHINGTON, DC—Multifamily rental housing is expected to be akey component of Opportunity Funds, according to an analysis byFreddie Mac. Indeed, it notes that of the 117 planned fundsidentified by the National Council of State Housing Agencies as ofApril 4th of this year, 76 have an investment focus of multifamilyresidential development, with estimated earmarked funds totalingbetween $18.8 billion to $19 billion.
Freddie Mac, as well, expects it will be active in providingfinancing to these areas—certainly if past history is anyguide.
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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.
