Sunday, October 19, 2014

Costar Group: Increase in Private Multifamily Financing in First Half of 2014

by Spencer Marona |

According to Costar, investors continue to be aggressive in the multifamily market with sales ($1 million and with five units plus) being reported by Costar COMPs data the first three quarters of this year at $64.29 billion vs. $56.93 million for the same period last.

Their was a lower volume of mortgage loan purchases from Freddie Mac, Fannie Mae, and the Federal Housing Administration versus the private market. Read the article.