Globest Sectors

In this <b>EXCLUSIVE</b>, Michael Shields of Silicon Valley Multifamily Group says owners find the stricter versions of rent control confusing and feel they need professional help to manage or sell assets.

FHFA Director Mel Watt testified before Congress this past October that Fannie and Freddie needed some form of capital buffer to protect against short-term operating losses.

“There's more capital trying to buy medical office buildings now than ever in history. Money is flowing to this asset class.”

In a recent example, $20.5 million in financing was obtained for The Georgian, a 288-unit multifamily property, with a sponsor that was looking to secure a long-term loan at a competitive fixed rate.

The class-A apartment property is located on approximately 10 acres fronting Sugar Road near Owassa Road, just west of Interstate 69/US 281, which is being transformed into the NAFTA Highway (I-69).

We ask Karl Slovin of MWest Holdings how he has executed successful business plans in rent-controlled buildings.

Big, centralized hospitals are giving way to smaller sets of clinics and outpatient facilities.

As 2017 ends and we look forward to 2018, there is reason to be optimistic about defect, fraud and misrepresentation risk in the home-loan-application sector, according to First American's Mark Fleming.