The index provides a composite measure of three key
elements of the multifamily housing market: construction of low - rent units, market - rate rental units and «for - sale» units, or condominiums.
The trend to build multi-residential isn't surprising to Carl Frinzi, senior vice president
of multifamily housing for Balfour Beatty Construction.
Such a change would need to be coupled with a broader acceptance
of multifamily housing as a legitimate place for raising children.11 It would also require a leap of faith that in the chicken - and - egg conundrum of density and transportation infrastructure, density can come first.
The Mortgage Bankers Association is out today with a white paper «Ensuring Liquidity And Stability: The
Future Of Multifamily Housing Finance And The Government - Sponsored Enterprises ``.
Represented developers of low - to - moderate income housing in organizational matters and
syndication of multifamily housing projects qualifying for low income housing tax credits and eventual sales of projects
Taking into account the broader
count of all multifamily housing units included in the U.S. Census, Freddie Mac expects demand as high as 400,000 units a year compared to a supply of new apartments of 300,000 units a year.
In economically challenged areas, Fannie Mae also has given lenders more authority to calculate rental
income of multifamily housing projects based on collections for one month, for example, rather than projections for a 90 - day period.
Those who invested before the August flood are likely congratulating themselves on jumping in at the right time, as the historic disaster created a
shortage of multifamily housing and drove up occupancy rates to nearly 100 % across the local market.
MHA delivers value for its members through its products such as renter lease agreements, by offering world - class education to fit the needs of rental property owners and property management companies, and by advocating for all
aspects of the multifamily housing industry with full - time presence at both the state capitol and within each municipality.
Jobs / Permits Ratio Ratio of number of jobs created to
number of multifamily housing permits issued for a particular geographic region, typically by MSA.
With the
exception of multifamily housing, which will benefit from the continuing slack in home sales, all major sectors are expected to see increasing vacancies, negative rent growth, and generally weak absorption in 2010.
«While some lenders are busy, the competition is such that a lot of capital is chasing really too few deals at this point in time,» observes Bronwyn Morgan,
director of multifamily housing for the Mortgage Bankers Association in Washington, D.C.
WASHINGTON, D.C. (October 9, 2013)-- E.J. Burke, Chairman - Elect of the Mortgage Bankers Association (MBA), testified today before the U.S. Senate Committee on Banking, Housing and Urban Affairs at a hearing titled «Housing Finance Reform: Essential Elements of the Multifamily
The credit crisis has slowed
construction of multifamily housing, which will reduce the supply of seniors apartments, says Jason Mattox, chief administrative officer at Behringer Harvard.
Fannie Mae provided $ 28.8 billion in financing to the multifamily market in 2013, working with lender partners to finance 507,000
units of multifamily housing, according to the government - sponsored enterprise (GSE).
Compare that to 356,000 units
of multifamily housing that started construction last year, including both rental and for - sale homes.
From 1992 to 2002, condominium developers built an average of nearly 60,000 for - sale multifamily units a year, or 20 percent of the average 300,000 units
of multifamily housing that started construction on an annual basis during that period.