Freddie Mac Sets 2008 Multifamily Financing Record
McLean, VA – Freddie Mac (NYSE: FRE) announced today that in 2008 it set a record of $24 billion in volume for its multifamily whole loan and bond guarantee business (multifamily mortgage settlements), a more than 10 percent increase over the 2007 volume of $22 billion. This volume includes Freddie Mac’s targeted affordable housing products, [...]
$94 Million Refinancing Arranged by HFF for Luxury Manhattan Multifamily High-Rise
NEW YORK–(BUSINESS WIRE)–The New York and Hartford offices of HFF (Holliday Fenoglio Fowler, L.P.) announced today that they have arranged a $94 million refinancing for Riverbank West, a 44-story luxury multifamily building in Manhattan.
HFF senior managing directors Mike Tepedino, Dana Brome, [...]
‘Edge Cities’ Set to Move to Forefront
At first glance, it may appear that the country’s largest cities will reap the biggest benefits under President-elect Barack Obama’s planned infrastructure initiatives, partially due to his connections to metropolitan areas like Chicago. But according to urban planner Douglas McCoach, vice president of planning and urban design for global design firm RTKL Associates Inc., perimeter suburban and exurban areas surrounding large U.S.cities–locations he describes as “edge cities”–may gain the most from new infrastructure funding.