The latest report from Washington, D.C.-based Mortgage Bankers Association (MBA), released this week at its CREF/ Multifamily Housing Convention in San Diego, Calif., gives a glimpse into how multifamily lending fared to close out 2012.
It’s one thing to post an increase, but it’s a whole different ball game when you can post a 42 percent increase year-over-year. And that’s exactly what Freddie Mac did in 2012 for its volumes in loan purchases and bond guarantees for multifamily.
The latest report from Dallas, Texas-based research firm Axiometrics spells out some positive data for 2013 job growth and rental revenue increases. But not all metros have such a bright outlook for solid fundamental growth this year.