Multifamily

Is capital haul too much of a good thing for Black-run banks?

06/24/20

The movement encouraging investment in banks run by African American management teams gained huge momentum in recent weeks, but a spat between one of those lenders and an activist investor highlights the potential downside.

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‘Rent strikes’ could wreak further havoc on mortgage system

04/13/20

Tenants have threatened to suspend payments during the pandemic to pressure officials into providing rental assistance, but the effects on multifamily loans would compound concerns about servicers' liquidity and, ultimately, lenders' performance.

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Why this regional bank is dumping N.Y. multifamily loans

01/17/20

People's United in Connecticut is letting the loans run off its books as it invests in higher-yielding commercial loans.

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What will drive bank lending

01/06/20

Population shifts and the explosion of e-commerce will upend commercial real estate lending while heightened demand for clean energy, not to mention pressure from investors, will diminish banks’ enthusiasm for fossil-fuel financing.

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New York Community warns about heated competition in multifamily lending

10/30/19

Shares in the lender fell after it reported lower third-quarter profits, said nonperforming assets rose and cautioned that it had lost multifamily loan deals to competitors offering easier terms.

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Multifamily loan concentration is no weakness, this bank says

10/20/19

Malaga Financial has no intention of diversifying its portfolio despite heavier competition and potential funding challenges.

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FHFA boosts multifamily lending caps for Fannie and Freddie

09/13/19

The Federal Housing Finance Agency is revising the multifamily loan purchase caps for the mortgage giants Fannie Mae and Freddie Mac to increase affordable housing.

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Anticipating recession, banks start scrubbing loan books

08/04/19

It’s hard to time the next economic slowdown. But lenders, many with lingering memories of the financial crisis, are taking steps now to limit exposure in commercial real estate, construction and other loan segments.

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Will New York's new rental laws suppress multifamily lending?

07/31/19

Bankers are downplaying such concerns, but others say a sharp decline in values on rent-regulated buildings means landlords will have less cash flow to acquire new properties

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The Bancorp's risky CRE pivot

07/30/19

The Delaware company, best known for issuing prepaid cards, has ramped up commercial real estate securitizations. The shift promises to deliver big fees, but it could also cause headaches if defaults spike.

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