The Federal Housing Finance Agency (FHFA) reduced multifamily lending caps by over four percent in 2018 versus 2017. While this isn’t optimal news, agency lenders and borrowers who take advantage of excluded categories will find no shortage of opportunities. Green Finance programs are one of the excluded categories—the cap does not apply to them. There are many established benefits to green financing, including preferred pricing, higher underwritten net operating income (NOI) and value (such as tenant and owner paid utility bill savings), additional loan proceeds, and energy study cost reimbursement (up to $3,500 for Freddie Mac and Cost of High Performance Building Module for Fannie Mae).
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Summer Gell
November 30, 2023
As concerns over climate change intensify, regulations evolve, and regulatory and investor pressures mount, Tony Liou discusses a method that can help prevent stranded assets.
November 30, 2023
Ensuring a Smooth and Advantageous Sale-Leaseback Deal for All Parties Sale-leaseback transactions are on the rise as CRE owners look to free up capital in the current economic climate. With […]
November 13, 2023
Project Completion Insurance: Securing Solar Construction Projects In this article, Isaac Stern and Gage Kellogg explore the complexities of solar construction projects. The authors discuss the rising interest in renewable […]
