Sep 13, 2019
Your lender is usually your largest partner. They can bring in
almost 80% of the funds needed to close your apartment transaction.
In the last, few years Fannie Mae and Freddie Mac have been the
primary lender for apartment syndications. Sponsors have loved
Fannie Mae and Freddie Mac because of their execution and
flexibility to provide NON RECOURSE, LONG FIXED TERMS, LONGER
AMORTIZATION, INTEREST ONLY & SUPPLEMENTAL LOANS. But, what
happens IF these Government Supported Entities start to restrict
lending. What happens when your lender changes course? We discuss
what is happening in the apartment lending market today and what
additional loan options you can explore.
US Treasury Update on Future Proposals for Fannie & Freddie:
Are you interested in learning more about how Multifamily Syndications work? Please visit www.spiadvisory.com to learn more about Michael Becker’s Real Estate Syndication business with SPI Advisory LLC.