Vineyard Springs Vineyard Springs was built in 2000 and has a total of 364 units.

HOUSTON—Rents are still rising and stable, cap-rate spreads are healthy and the markets continue to grow. Even with the recent rise in interest rates, strong demand remains for the multifamily asset type, Vic Clark, senior managing director and national production leader at Hunt Mortgage Group, recently told in an exclusive. He predicted sales and debt originations in multifamily will continue to be strong throughout 2017 and for the next couple of years.

That prediction is coming to fruition, at least in one way, through recent Fannie Mae loans totaling $62.595 million for the acquisition of three multifamily properties. The properties are located in Farmers Branch (Las Colinas) and San Antonio, and the refinance of a multifamily property located in Houston, all for the same sponsor–Charlie Yalamanchili and Ilan Investments LLC, facilitated by Hunt Mortgage Group.

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Lisa Brown

Lisa Brown is an editor for the south and west regions of She has 25-plus years of real estate experience, with a regional PR role at Grubb & Ellis and a national communications position at MMI. Brown also spent 10 years as executive director at NAIOP San Francisco Bay Area chapter, where she led the organization to achieving its first national award honors and recognition on Capitol Hill. She has written extensively on commercial real estate topics and edited numerous pieces on the subject.

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