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WASHINGTON, DC-As the trades of smaller multifamily assets pick up in the 
region, a trend is beginning to emerge: buyers are, once again, more
 willing to acquire value-add–and banks are more willing to 
finance their sale.

Community and local banks are the main financial 
institutions funding these transactions, along with JP Morgan Chase,
which recently re-entered the market, according to Ari Firoozabadi,
 the locally based vice president of investments at Marcus & Millichap
 Real Estate Investment Services. What buyers are doing–or plan to do–is finance the sale through 
these institutions and then refinance through the GSEs with long-term,
 fixed-rate debt once the property is stabilized, he tells GlobeSt.com.

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