Instant Insights Multifamily

Aegon Real Assets US is is partnering with local developers, usually though a JV equity structure to target workforce housing in select markets.

Going forward loans that finance energy and water efficiency improvements will be considered conventional business, unless they meet affordability requirements.

This is a significant development as agency lenders in 2018 sold nearly $80 billion in uncapped loans.

Each of these strategies are complex, multifaceted, and interconnected.

In the cities where some form of rent control has been introduced, apartment cap rates have increased over the last year, according to Real Capital Analytics.

Capital is recognizing the need and opportunity in affordable housing development and LIHTC-backed rehab projects.