The Fundrise Income eREIT has acquired another asset — a preferred equity investment in the refinancing of
a stabilized multifamily apartment complex in Richland, Washington.
«While the
apartment industry supports the return of a more robust private capital market, we believe that setting caps on the GSEs»
multifamily lending volumes and reducing the diversity and availability of
multifamily mortgage products could interfere with
stabilizing market forces currently at work,» the joint letter stated.