As the Founder and Principal of Ward & Company Real Estate, a real estate acquisitions company and Intuitive Management Partners, a Multifamily advisory firm, Whitney leads and defines company growth initiatives and expansion opportunities. Whitney’s role includes overseeing acquisitions & service contracts, capital markets, brokerage engagements and collaborating with strategic business partners for growth.
“Recent amendments to our senior preferred stock purchase agreement with Treasury impose additional risk criteria on the loans we acquire,” the GSE said in a letter. “One of those restrictions is a 7% limit on our acquisition of single-family mortgage loans secured by second home and investment properties.” Fannie Mae said that the amendment has prompted changes in its eligibility policies. All second homes must be underwritten with Desktop Underwriter, receive an approve/eligible recommendation and be delivered as a DU loan, Fannie Mae said.
Austin Walker joined Arbor’s New York City office in November 2015. In his current capacity as an Originator, Austin focuses on nationwide Fannie Mae, Freddie Mac, FHA, SFR Portfolios, CMBS, Bridge, Mezzanine and Preferred Equity transactions. Before joining Arbor, Austin worked at Wells Fargo as a Financial Advisor of private clients. Prior to that, he served as a Manager of Strategic Partnerships at Merisel, Inc. and a Business and Marketing Analyst at LGD Communications. Austin graduated from Johns Hopkins University of Maryland with a Bachelor of Arts in Political Science.
Via multifamilyinsiders.com – Multifamily remains one of the most appealing asset classes. Deals located in core-markets or strong growth secondary locations can expect interest rates in the low 300s over LIBOR range. Total coupons are hovering at all-time lows with leverage pushing into the 75%-80% of cost range…
Scott Rawley, Western Region Sales Manager Major Accounts at Multifamily Utility Company. Multifamily Utility Company was founded in 2007, is a leader in comprehensive utility expense management and billing services.
Via dc.citybizlist.com – “In a volatile year, Freddie Mac was a stabilizing force in the multifamily market,” said Debby Jenkins, executive vice president and head of Freddie Mac Multifamily. “The fact that we […]
Via housingwire.com – But don’t count entries out just yet as the FHA announced on Dec. 21 it was extending it’s deadline for single-family borrowers to request initial forbearance through Feb. 28. If […]
Via housingwire.com – Some early proposals called for a more competitive market where more than two credit guarantors operated. The fundamental problem with any scenario where more than one credit guarantor exists is […]
Via mpamag.com – Evans studied finance at Tulane University and thought she might be an accountant when she graduated. Like so many others in the mortgage and real estate business, however, she discovered […]
CMBS loans is an unknown loan option for many multifamily real estate investors and not offered at traditional banks. Also known as conduit loans, this loan option could be perfect your property.