MFE Magazine’s Post

In a rapidly changing multifamily real estate market, WaFd's divestment of 2,000 loans to Bank of America, valued at $2.9 billion, marks a strategic pivot. This move, amidst a broader market realignment, underscores the need for agility and foresight. This Forbes article details the importance of investors seizing new opportunities, targeting untapped markets, leveraging technology to enhance asset management, and diversifying their portfolios to navigate the market's ebbs and flows successfully. https://ow.ly/Nqcw50SwVnr

**CLOSING ANNOUNCEMENT: Greystone, as exclusive debt placement advisor to Latitude Management Real Estate Holdings, LLC is pleased to announce the closing of 55 Pharr Road, an $11,300,000 non-recourse, 5-year term, full term interest only, senior mortgage secured by the fee-simple interest in a fractured condominium property located in the Buckhead submarket of Atlanta. After running an extensive capital markets process, we identified an institutional (non-agency), non-recourse lender that was able to structure proceeds at a 1.25x IO DSCR, 70% max LTV, which translated into a 8% debt yield on underwritten Net Cash Flow. This deal serves as a great case study for Sponsors seeking to achieve incremental proceeds above and beyond traditional agency levels, while obviating the need for subordinate debt or an additional equity infusion. Direct Sponsors with multifamily deals that are not penciling out with traditional Agency quotes, please feel free to reach out to discuss your options further.  #cre #dealclosing #greystone #multifamily #fracturedcondo #nonrecoursedebt #debt #closed #capitalmakets #debtfinancing #commercialrealestate #credebt #multi

With our team’s decades of experience, we have been successful through all cycles and have answered many questions from seasoned and beginner investors. That’s why, when borrowers make important decisions about their investments and portfolios, partnering with an experienced lender with expertise across many products matters. Read more for answers to some of the most common questions our team gets from multifamily investors: https://bit.ly/3WnJVb0 #ArborStrong #Multifamily #CommercialRealEstate

In this piece, an executive vice president for Byline Bank agues that investors, lenders and everyone else in CRE need to think differently when it comes to real estate investment. Read on to learn more about the thinking behind the “Great Reset.” No matter what the future holds for you, your St. Louis Title commercial specialists are here for you. Call us today at 314.480.4575 for assistance. #STLcre #commercialrealestate #saintlouiscre

CenterSquare’s Michael Boxer was featured in Real Estate Capital USA for a deep dive on our outlook for the private lending market over the next year. Michael touches on what we expect to see in 2024 as the market settles into a high interest rate environment — including the potential for disruptive resets in sectors like multifamily housing and the unique opportunity for opportunistic private lenders and investors presented by these shakeups. Read the full article here:  https://lnkd.in/ebtPiQUn #CenterSquare #RealEstateDebt #2024Outlook

📉 Multifamily Real Estate Distress at Unprecedented Levels: 9.5% and Rising 📈 The distress in the multifamily real estate sector is reaching unprecedented levels, with a current rate of 9.5% and continuing to climb rapidly. This alarming trend signals significant challenges within the market, highlighting increasing financial strain on property owners and investors. The bad news is that it is going to get far worse. But there is hope! 🌟 we are closing loan modifications and restructures weekly, avoiding foreclosure, and creating sustainable solutions for owners, investors, and managers. 🏢✨ Our team of experts is dedicated to navigating these turbulent times and providing customized strategies to stabilize your assets and ensure long-term success. Don't face this crisis alone—reach out to us today and let us help you turn things around. #RealEstate #Multifamily #DistressedAssets #LoanModification #Restructuring #RealEstateSolutions #PropertyOwners #Investors #FinancialStability #ForeclosureAvoidance #SustainableSolutions https://lnkd.in/gSaS-e9D

Exciting news for investors! 🏢💼 Fannie Mae's newly launched loan program for multifamily properties, requiring just a 5% down payment has arrived! In our latest blog, we dissect this groundbreaking venture to unveil its true value for the investment world. Curious? Dive into the details and decide if this could be your next big move.🔎💡 #RealEstateInvesting #MultifamilyProperties #FannieMaeLoans #InvestmentOpportunity

This chart should give a lot of folks comfort, especially when you realize that the commercial real estate percentages for these banks include healthcare, infrastructure and multifamily housing properties, which have not faced the challenges of office and retail properties. #visualcapitalist #jpmorganchase #bankofamerica #citigroup #wellsfargo

In navigating the turbulent waters of CRE financing, the strategy of 'extend and pretend' has evolved significantly from the GFC to our current climate. Today, we're facing unique challenges in the office sector, reshaped by a shift in property valuation criteria. As we look towards innovative solutions, it's crucial for lenders and borrowers alike to adapt to these changes for long-term viability. How are you adapting to the new landscape of CRE financing? #CRE #RealEstateInvesting #CommercialRealEstate #OfficeSector #FinanceStrategy #MarketAdaptation"