Institutions Look To Pour More Money Into Multifamily, But Coronavirus, Construction Costs Aren't Helping

  • Feb. 27, 2020
  • Bisnow

Walker & Dunlop Senior Vice President Sheri Thompson, who leads its multifamily lending practice through the U.S. Department of Housing and Urban Development, said 2019 was a strong year for the firm, especially in multifamily lending. It recorded its highest-ever overall transaction volume of $32B, including $8B in Fannie Mae loans and $6.4B in Freddie Mac loans. Thompson sees positive apartment market fundamentals that should provide momentum in 2020, but she also sees headwinds that could make multifamily development deals more difficult to move forward.

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