Home Lending
lending
Multifamily has been resilient since the end of the GFC. But lenders are now seeing storms on the horizon for the sector
Better, more accessible data is making it easier to manage loan portfolios – and intervene earlier as distress emerges, says Eddie Kelly, global head of loan services at Apex Group.
Alternative lenders see a future with fewer defaults and more collaboration.
Sponsors Baron Property Group and MG Developer are planning a mixed-use, apartment property slated for completion in Q2 2024.
The study, which incorporates 65 years of data, is the first significant research on commercial mortgage losses and risk metrics since 2005.
The bank is targeting financing for seven multifamily properties across 13 states backed by 12 banks and insurers.
The Austin manager focuses on first mortgages, B-notes, mezzanine and preferred equity in the $2m to $40m range.
The vehicle, which marks the sixth iteration of its debt fund series, approaches $1bn in commitments.
The JLL-arranged loan tracks with regional demand in fast-growing science hub.
The 74-story mixed-use property will be the tallest building in Texas when it comes online in 2026.