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MIND THE GAP

This article should be very encouraging to women interested in the multi-family industry since it points out the progress being made by women in high ranking jobs in theis industry. Publication date: August 1, 2008 By Shabnam Mogharabi, Editor, Multifamily Executive Magazine A few weeks ago, the staff of MULTIFAMILY EXECUTIVE and a panel of executives from the leading companies in the multifamily industry judged MFE’s annual awards competition. Among the categories was Executive of the Year—a recognition that, in past years, has been bestowed on respected chief officers such […]

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TUMBLING DOWN

This article describes the current activity in the multi-family loan market and the important role that Fannie Mae and Freddie Mac are playing in offsetting the decline in funds available from other traditional lenders for multi-family properties. MBA report shows drop in lending, while industry frets over Fannie, Freddie. Source: MULTIFAMILY EXECUTIVE MAGAZINE Publication date: August 1, 2008 By Les Shaver In the first quarter of 2008, there were 27 percent fewer multifamily originations than in the same period a year earlier. That drop-off is noteworthy considering that the fourth […]

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FEWER RENTERS JOINING RANKS OF HOMEOWNERS

The piece below from the News, Trends and People section of Apartment Finance Today explains that the apartment market is still stable today, despite limitations on availability of financing. So far, it states, there does not seem to be a significant impact on apartment rentals in most areas from the inventory of houses and condos that have come into the rental market. APARTMENT FINANCE TODAY – JULY/AUGUST 2008 The apartment market is showing signs of stability, although financing has become more difficult to secure, according to the National Multi Housing […]

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JILTED BY GLOBAL CAPITAL

Here is an opinion piece which suggests that most of the responsibility for the problems in the Commercial Mortgage Backed Securities (CMBS) market rest with bond speculators. It will probably be one of many opinions about this issue over the next few months. APARTMENT FINANCE TODAY • July/August 2008 BY BENDIX ANDERSON Apartment borrowers are still waiting. Conduit loans, everyone’s favorite highleverage financing, have been unavailable since the capital crisis began last fall. When will they come back? Experts now say it will be six months to a year. That’s […]

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