Multifamily homes leading commercial recovery

According to National Real Estate Investor, the multifamily market is attracting “non-traditional” lenders, especially life insurance companies. That’s in part because it seems to be a healthy segment — and also because other investors are still skittish about the market.

As the market has recovered, the share of debt financing by the GSEs has declined to about 50 percent, he says. Insurance companies, meanwhile, have grown to account for nine percent of multifamily lending in the first half of 2011, up from 1 percent in 2009.

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About Andrew Kantor

Andrew is VAR's editor and information manager, and -- lessee now -- a former reporter for the Roanoke Times, former technology columnist for USA Today, and a former magazine editor for a bunch of places. He hails from New York with stops in Connecticut, New Jersey, Cincinnati, Columbus, and Roanoke.
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One Response to Multifamily homes leading commercial recovery

  1. This is such a good news to all Virginia locals. Imagine, life insurance company taking part in real estate. Such a good development in troublesome times.

    Thanks for sharing this ….


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