Finance & Investment
Economy Watch: Strong Q1 for Fannie Mae
On Thursday, a day after Freddie Mac reported sizeable income in the first quarter, the considerably larger GSE Fannie Mae reported income of $8.1 billion for the first quarter of 2013, compared with income of $2.7 billion in the first quarter of 2012 and income of $7.6 billion in the fourth quarter of 2012.
Economy Watch: Freddie Mac in the Black
Freddie Mac reported that it had a net income of $4.6 billion for the first quarter of 2013, compared to a net income of $4.5 billion for the fourth quarter of 2012.
MHN Interview: Is Investment Fatigue on the Horizon for Multifamily Development?
How is the state of development in multifamily, particularly in the Southeast? MHN talks to Summey Orr, managing partner, Hartman Simons, about development trends and why fewer new investors are coming to the market.
Consumers Tip Scales of Home Price Change Expectations
More than half of Americans now expect the country’s home prices to climb within the next year, illustrating a growing optimism toward the health of the housing industry.
MHN TV: Sources of Capital: Life Companies, Conduits, Banks
Denny St. Romain, managing director of Real Estate Investment Banking at Jones Lang LaSalle, discusses three sources of commercial real estate financing today: life companies, conduits and banks.
Conduits Competing Directly with Fannie Mae, Freddie Mac
Vic Clark, managing director of Centerline Capital Group, explains the increasing competitiveness of CMBS financing in the commercial real estate world.
MHN Interview: Centerline Capital Group’s New Director of Affordable Housing Debt James Boris
Centerline Capital Group, a subsidiary of Centerline Holding Company, recently hired James F. Boris III as director, affordable housing debt. MHN talks to Boris about his new position and his predictions for the affordable and seniors housing industry.
TODAY’S DEALS: HFF Arranges $6.1M in JV Equity, $17.8M Mortgage for Colorado Apartments
HFF arranges joint venture equity and Freddie Mac mortgage financing for a suburban property in Colorado; and NorthMarq Capital closes on a $12.56 million Freddie Mac mortgage.
TODAY’S DEALS: Greystone Closes $43.8M for San Jose Asset
Greystone provides financing for a 434-unit community in San Jose; Enterprise Homes closes loans totaling nearly $30 million for two new affordable senior assets in Baltimore County; and Hudson Realty Capital funds a $5.5 million construction loan for a school conversion.