GSEs Stay Bullish on MF Debt Market
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Fannie Mae’s Klein (on left) and Freddie Mac’s Croul said volume has been high.
LOS ANGELES—Fannie Mae and Freddie Mac have long been the go-to sources for multifamily debt capital, and this trend continues. During “A Conversation with Fannie and Freddie,” the first of two back-to-back panels on theGSEs at RealShare Apartments Wednesday, moderatorJeffrey Weidell, president of NorthMarq Capital, asked sources from each agency about volume this year.
Phyllis Klein, VP of multifamily customer engagement atFannie Mae, said the GSE is at $32 billion as of the end of September. “It has been a fabulous year,” she said. “We will have a record year of production. Everybody has benefitted.” …
