The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
December 18, 2018
 Search RENTV
   Go!
 Video Programs
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



ETC... ETC...
Printer-friendly Version   Email an Associate
Walker & Dunlop Named as a Seller/Servicer in Freddie Mac’s New Single-Family Rental Pilot Program

6/26/18

Walker & Dunlop Inc has been approved as a Seller/Servicer under Freddie Mac’s Affordable Single-Family Rental (“SFR”) pilot program, which is intended to offer additional financing options for workforce and affordable rental housing in one- to four-unit buildings. With this new partnership, Walker & Dunlop will focus on middle markets with an average loan size between $10 - $25 mil.

“Increasing the availability of affordable rental housing across the United States is the top priority for Freddie Mac’s affordable single-family rental pilot,” said David Leopold, Freddie Mac Multifamily vice president of targeted affordable sales and investments. “Given Walker & Dunlop’s experience in this space and their ranking as the second-largest affordable multifamily lender in the country, we are pleased to have them as one of our partners in this process.”

Since the financial crisis, SFR has been the fastest-growing segment of the housing market. Today, SFRs account for 35 percent of the country’s 44 million rental units, compared with 31 percent in 2006, and more than half of renters live in buildings with less than four units. Changing demographics and evolving household preferences will continue to drive growth in the space as more families search for affordable ways to live comfortably.

To fill this market need, the Freddie Mac SFR program offers a new, competitive alternative to owners and investors of affordable single-family rentals. The new financing option provides more leverage, increased loan consolidation, longer term loans, fixed rates, and non-recourse loans. As one of nine firms approved for this new program, Walker & Dunlop will leverage its deep multifamily lending expertise, strong relationships, and extensive market knowledge to improve the SFR lending process for its borrowers.

The Walker & Dunlop SFR team will be led by Richard Warner, Executive Vice President and Chief Credit Officer, Ted Patch, Chief Production Officer, and Mitchell Resnick, Senior Vice President and Treasurer. Gabe Weinert, Senior Vice President in Walker & Dunlop’s Capital Markets Group, will serve as the SFR specialist.





Return to the Archive page
 
 
 
 
 





Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2018 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media