The firm has promoted EVP David J. Harrington to the position, where he will oversee company operations.

While many have seen record-breaking quarters over the last two years, none have experienced such volatile shifts quite like those within multifamily development. Panelists at the GlobeSt. Multifamily National Conference spoke on delays that impact timelines, inventory shortages and more at the two-day event.

Half of the top 30 markets surveyed by CommercialEdge saw prices slump in Q3.

Both Fannie Mae and Freddie Mac ultimately will require FICO 10T and VantageScore 4.0.