The best property managers efficiently run large multifamily investment properties, maintaining efficiencies and maximizing returns. If you have student housing, senior housing, income-based apartments, or any other type of multifamily investment property, these are the top 20 property management companies according to the National Multifamily Housing Council. The NMHC has ranked these companies for 2022 in the following order, and included some basic details about … Read More
Major highlights from last week’s Federal Reserve call include 1) Inflation is currently at 5%, which is above the Fed’s traditional 2% target; 2) The Federal Reserve is looking to pull back some of the quantitative easing it has deployed since the start of COVID; and 3) Before any plans to increase interest rates, the Federal Reserve will be looking to taper off government … Read More
All industries felt the effects of the coronavirus pandemic. However, some sectors saw a much faster road to recovery than others. Looking towards the future, there are some industries that may even find some benefits in a world that has to make adjustments. For people thinking about self storage investing, after initial downturns in the market, there is a lot to feel positive about for … Read More
CommLoan, the leading CRE lending marketplace known for using technology to connect borrowers to commercial lenders, announced the hiring of Mike Garruto as Vice President and Loan Consultant to help with the company’s expansion in 2020. Mike brings over 7 years of experience in the commercial real estate loan industry and was handpicked to help facilitate innovation and growth as … Read More
We know what you’re thinking. How could the middle of a global pandemic possibly be the best time to invest in multi-family real estate?Loan regulations are tightening. Many tenants have lost their jobs, and some multi-family investors are struggling with cash-flow.
But, if you’re financially stable, you can increase your revenue – even during this difficult time.The effects of the pandemic have created … Read More
CommLoan, a CRE lending tech company recently announced Sarah Stasney as Vice President of Business Development. Sarah will focus her efforts in expanding the Austin, Texas market.
Sarah comes to CommLoan fresh from her former role as a wealth advisor at Wells Fargo: Private Bank. In her … Read More
At CommLoan, the number one asset type we quote, put under application with our lenders, and close, is multifamily. We love performing on apartment deals because we know we’re providing a valuable service to the communities those apartments serve. From value-add acquisitions to stabilized cash-out refinances, we know multifamily, and that bodes well given the state of the market in 2020.
The major … Read More
The two GSE’s (government sponsored entities) have historically been one of the major capital sources for multifamily finance in the United States. Since being taken under conservatorship in 2008, both FNMA and FHLMC have been regulated by the Federal Housing Finance Agency (FHFA) – the governing agency that determines the annual lending capacities of both. If you’re an investor or other … Read More
Starting in early 2000, as part of an effort to keep up with the commercial mortgage-backed securities (CMBS), Fannie Mae dropped its DSC to (debt service coverage) to 1.20x and underwrote student housing loans to the exact same parameters as conventional loans.
It’s no surprise that since then, student housing has continued to be a profitable venture for many financial real estate investors. But 2017 … Read More