…are less than a week from implementation, and additional revisions were just released on January 27th. As the industry readies itself, lenders still have many questions. Partner’s Aaron Kovan discusses some FAQs regarding the changes.
Fannie Mae’s Multifamily Guide Update 13-09, released in October 2013, announced big changes to the Fannie Mae multifamily Selling and Servicing Guide that will take effect this February 3rd. These changes include updated underwriting standards as well changes to property due diligence requirements. In particular, the Physical Needs Assessment and Seismic Risk Assessment requirements for all multifamily loans were changed and will significantly transform the way in which these reports are written.
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March 13, 2025
The hospitality sector is enjoying renewed interest from investors, with more deals in the pipeline, increased refinancings, and improved transaction volume. While the industry still faces challenges, optimism prevails for modest growth over the next year.
March 11, 2025
What are grandfathered uses, also known as legal nonconforming uses and what do you do? Partner’s experts, Alexis Whipple, and Sara Ehrentreu outline practical scenarios and explain the options that you can take in this article.
March 06, 2025
Beyond the immediate damage caused by flames, residual damage caused by smoke and soot can leave lingering effects requiring thorough restoration and clean-up of your commercial or residential property. Understanding the smoke damage cleanup process and knowing what to expect can help commercial and residential property owners navigate this challenging time more effectively.
