Affordable housing investors and developers should expect something of the proverbial “perfect storm” borrowing environment for the balance of 2015. In the positive sense, that is.
While rent hikes in 2013 probably won’t match the robust rates seen the past couple years, rock-bottom debt pricing should continue unabated in 2013.
An active pipeline of new construction and presevation deals is expected to continue in the year ahead.
As third-generation entrepreneur Jared Kushner strategically rebuilds the family firm’s portfolio, his preferred flight plan aims below the radar of so many competitors navigating the high-altitude apartment sector.
With GSEs aiming to match aggressive Wall Street conduits amid slower borrowing activity, pricing and underwriting may become even more liberal.
The deadline for the award nominations is June 5. More