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Freddie Mac headquarters

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McLEAN, VA—Strong multifamily growth along with low interest rates put originations on pace to grow by 8% over 2018, according to the Freddie Mac Multifamily 2019 Midyear Outlook.

As of June, multifamily completions outpaced the prior two years, says Steve Guggenmos, who leads Freddie Mac Multifamily’s research and modeling team. “These strong fundamentals and lower-than-anticipated interest rates have supported growth in multifamily originations, which are forecasted to grow to $336 billion in 2019.”

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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