Home Affordable housing
affordable housing
Fannie, Freddie volume caps reduced from $78bn to $75bn.
JPMorgan, Nuveen, PGIM talk preservation and creation of units amid heightened market volatility.
The bank is targeting financing for seven multifamily properties across 13 states backed by 12 banks and insurers.
Sponsors include Goldman Sachs AM, Domain Companies, Vorea Group and Mega Development
The firm saw its roster of institutional investors spike in its second affordable housing fund.
Increased lending caps from GSEs will boost affordable housing sustainability, PGIM's director says.