In 2022, multifamily lenders provided $480.1 billion in new mortgages for apartment buildings with five or more units, marking a 1% decrease from 2021, according to the Mortgage Bankers Association (MBA) annual report. Despite the challenges faced by the lending industries last year, the multifamily lending market remained robust.
The current market conditions are significantly impacting the real estate sector, with many industry players experiencing substantial challenges due to rising interest rates, a shift towards remote and hybrid work models, and inflation.
The Federal Housing Administration (FHA) is proposing new guidelines to increase financing options for homes with accessory dwelling units (ADUs). The changes aim to incorporate ADU rental income into the qualification process for FHA-insured mortgage financing, enhancing flexibility and affordability.
Pending home sales in February increased for the third consecutive month, despite interest rates reaching a 15-year high. This indicates that the housing shortage in the United States is still ongoing, and Americans have to compete for properties even amidst the rising interest rates.
The fourth quarter of 2022 saw a decrease in commercial lending activity, largely due to rising interest rates and an effort by the Federal Reserve to slow inflation. Data shows that the volume of new loans dropped substantially compared to the same time period in 2021, with debt funds and mortgage REITs experiencing particularly pronounced declines as a percentage of total loan closings.
The construction sector of the healthcare industry is booming and has never been more critical. With the rising demand for in-patient hospitals, nursing facilities, and medical labs, the need for new construction is growing rapidly. The aging baby boomer generation is driving much of this demand as they strain already outdated and over-burdened facilities, necessitating additional construction.
We still have a housing crisis in this country, and with mortgage rates ticking up, fewer people can afford to buy. This has led to high demand for rental housing and insufficient inventory. And, with many construction projects having been temporarily halted in the wake of the pandemic, completion of new rental units – though still near historic highs – has been lower in the past few years than anticipated.
Speculation has been rampant over the past several months about how high the Federal Reserve will push interest rates in an effort to curb inflation. And while interest rates continue to be pushed higher, mortgage rates have lately fallen slightly, raising the number of mortgage applications in recent weeks.
Based on the latest jobs report, it appears that the U.S. job market is continuing to weaken. The economy still shows signs of softening as companies slow or stop new hires.
In 2022, multifamily lenders provided $480.1 billion in new mortgages for apartment buildings with five or more units, marking a 1% decrease from 2021, according to the Mortgage Bankers Association (MBA) annual report. Despite the challenges faced by the lending industries last year, the multifamily lending market remained robust.
The current market conditions are significantly impacting the real estate sector, with many industry players experiencing substantial challenges due to rising interest rates, a shift towards remote and hybrid work models, and inflation.
The Federal Housing Administration (FHA) is proposing new guidelines to increase financing options for homes with accessory dwelling units (ADUs). The changes aim to incorporate ADU rental income into the qualification process for FHA-insured mortgage financing, enhancing flexibility and affordability.
Pending home sales in February increased for the third consecutive month, despite interest rates reaching a 15-year high. This indicates that the housing shortage in the United States is still ongoing, and Americans have to compete for properties even amidst the rising interest rates.
The fourth quarter of 2022 saw a decrease in commercial lending activity, largely due to rising interest rates and an effort by the Federal Reserve to slow inflation. Data shows that the volume of new loans dropped substantially compared to the same time period in 2021, with debt funds and mortgage REITs experiencing particularly pronounced declines as a percentage of total loan closings.
The construction sector of the healthcare industry is booming and has never been more critical. With the rising demand for in-patient hospitals, nursing facilities, and medical labs, the need for new construction is growing rapidly. The aging baby boomer generation is driving much of this demand as they strain already outdated and over-burdened facilities, necessitating additional construction.
We still have a housing crisis in this country, and with mortgage rates ticking up, fewer people can afford to buy. This has led to high demand for rental housing and insufficient inventory. And, with many construction projects having been temporarily halted in the wake of the pandemic, completion of new rental units – though still near historic highs – has been lower in the past few years than anticipated.
Speculation has been rampant over the past several months about how high the Federal Reserve will push interest rates in an effort to curb inflation. And while interest rates continue to be pushed higher, mortgage rates have lately fallen slightly, raising the number of mortgage applications in recent weeks.
In 2022, multifamily lenders provided $480.1 billion in new mortgages for apartment buildings with five or more units, marking a 1% decrease from 2021, according to the Mortgage Bankers Association (MBA) annual report. Despite the challenges faced by the lending industries last year, the multifamily lending market remained robust.
The current market conditions are significantly impacting the real estate sector, with many industry players experiencing substantial challenges due to rising interest rates, a shift towards remote and hybrid work models, and inflation.
The Federal Housing Administration (FHA) is proposing new guidelines to increase financing options for homes with accessory dwelling units (ADUs). The changes aim to incorporate ADU rental income into the qualification process for FHA-insured mortgage financing, enhancing flexibility and affordability.
Pending home sales in February increased for the third consecutive month, despite interest rates reaching a 15-year high. This indicates that the housing shortage in the United States is still ongoing, and Americans have to compete for properties even amidst the rising interest rates.
The fourth quarter of 2022 saw a decrease in commercial lending activity, largely due to rising interest rates and an effort by the Federal Reserve to slow inflation. Data shows that the volume of new loans dropped substantially compared to the same time period in 2021, with debt funds and mortgage REITs experiencing particularly pronounced declines as a percentage of total loan closings.
The construction sector of the healthcare industry is booming and has never been more critical. With the rising demand for in-patient hospitals, nursing facilities, and medical labs, the need for new construction is growing rapidly. The aging baby boomer generation is driving much of this demand as they strain already outdated and over-burdened facilities, necessitating additional construction.
For top-tier real estate investors, having a top-tier lending partner is essential. At NewPoint, we have strategically crafted a comprehensive and innovative financing platform, led by the industry’s premier talent—client-centric professionals dedicated to excellence. Our commitment is to provide unparalleled support to meet the unique needs of top-tier real estate investors, ensuring their success in the dynamic and competitive market.
Foundation CREF, led by real estate finance and investment professionals Ron McMahan, Chris Crovatto, John Seeburger, and Patrick McClain, is committed to establishing a fully integrated lending and property acquisition platform. The Foundation team specializes in providing bridge or long-term debt financing for investors seeking to refinance or acquire single-family, multifamily, and mixed-use properties.
Ron, Chris, and John bring over two decades of collaborative experience in building asset management, loan origination, and underwriting platforms for large institutions and high-net-worth investors. Their collective expertise has directly contributed to raising over $10 billion in equity and debt capital, executing loan transactions, and acquiring thousands of properties, including single and multifamily assets and complex commercial portfolios totaling hundreds of millions.
In 2021, Patrick joined the Leadership Team to further scale both the Lending and PropertyPortal™ businesses. Patrick brings a wealth of experience from senior leadership roles at GMAC, Atlas Nationwide, Auction.com, and Hubzu, contributing to the continued success and growth of Foundation CREF.
Navigator Private Capital, LLC (NavCap) offers a superior alternative to hard money, reimagining private real estate lending to be accessible for real estate investors of all experience levels. As private money lenders, we finance short- and long-term low-risk development projects nationwide. NavCap focuses on funding asset-backed, low-risk real estate investor loans for renovation and rental experts, addressing inefficiencies and gaps in the commercial real estate lending industry.
Our commitment to building strong relationships extends to realtors, mortgage professionals, and tradesmen across regions, and we welcome new connections. Whether you’re a real estate investor seeking funding for your next project or interested in participating in our loan program as a capital investor, NavCap would love to hear from you.
We’re Fast:Speed is crucial for you. We close directly with you in a matter of days—no middlemen, no borrower checks, no tax forms, and no down payment.
We’re Experts: With a track record of acquiring, renovating, and selling over 300 properties in VA/DC/MD since 2009, we possess the expertise to ensure your success.
For top-tier real estate investors, having a top-tier lending partner is essential. At NewPoint, we have strategically crafted a comprehensive and innovative financing platform, led by the industry’s premier talent—client-centric professionals dedicated to excellence. Our commitment is to provide unparalleled support to meet the unique needs of top-tier real estate investors, ensuring their success in the dynamic and competitive market.
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