Multifamily

Panelists at MBA CREF/Multifamily Housing Convention and Expo 2019 talk about HUD's perspective on the housing crisis and collaborative efforts over the past year to tackle issues affecting FHA programs

The portfolio could yield market-rate rent appreciation and value-add opportunities through modest-to-extensive capital improvements, says Gebroe-Hammer's Nicolaou.

The nonprofit CPC Mortgage Company will focus on agency lending in affordable housing.

The Drexel Properties are comprised of four courtyard-style buildings and include popular local retail services such as a hairdresser, grocery store and other retailers.

Investors Bank's largest single CRE loan, which was completed at the end of 2018, was a $42 million transaction to refinance the commercial mortgages on 27 retail properties in multiple locations.

Pembrook Capital's Stuart Boesky says he's bullish on Philadelphia's multifamily market and this transaction is an investment into a neighborhood that is in the process of rapid revitalization.

Don't count this cycle out yet. The slow and steady growth combined with recent tailwinds may mean a longer runway for this cycle.

The development was financed through a mix of public and private investment from HPD's and HDC's M2 program, Wells Fargo and Goldman Sachs.