Multifamily lending to hit record volumes in 2017, says Freddie
Government sponsored enterprise Freddie Mac said it expected multifamily loan originations to hit new highs in 2017, as CMBS market sources eye a bigger portion of the multifamily pie going to agency lenders instead of conduit deals.
In the agency’s outlook for the remainder of 2017, it said it expected origination volumes to grow a further 3%-5% in 2017 to $270bn-$280bn. Volumes have grown annually since 2009.Volumes, however, are expected to be lower than initially forecast at the beginning of the year, after a ...
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