Multifamily Update: Changing Radon Requirements, Climate Risk, and Connectivity

Back in Person—See You at a Conference Soon!

We're looking forward to seeing you at Western States CREF in September or the MBA Annual Convention in October. Stop by our booth or contact your Partner RM and let's connect!

FHFA to Increase Radon Sampling Requirements

The Federal Housing Finance Authority is evaluating EPA recommendations to adopt radon testing standards for all Fannie Mae and Freddie Mac loans. At a recent listening session, FHFA heard from representatives from medical organizations and health advocates as well as lenders, investors, and multifamily housing organizations to begin to determine how much testing is appropriate to protect tenants and how increased sampling requirements will impact multifamily transactions. Read more about radon, potential requirement changes, and the listening session in this article from GlobeSt.com. 

Drew McCreery

Technical Director

Agency Services

What Multifamily Tenants Really Want

In today’s highly competitive rental market, connectivity plays a key role in attracting and retaining tenants. Fast, uninterrupted connections—including cell coverage, WIFI, security, and internet—are make-or-break amenities for both residential and commercial tenants. National Client Manager Amanda Horan breaks down the basics of connectivity and explains how a technology strategy will help you deliver this critical amenity while boosting operating income in this post from GlobeSt.com.

Amanda Horan

National Client Manager

Factoring Climate Risk Into Underwriting

Lenders and investors are beginning to identify the effects of climate change impact as an emerging risk that has the potential to profoundly impact not only their physical assets, but also entire financial systems due to climate change-related events. In this Globe St.com blog, Partner Principal Kathryn Peacock and Partner Energy President Tony Liou discuss identifying asset-level climate risks, standardizing the process, and what lenders will do with climate risk information.

Kathryn Peacock, Principal

 Tony Liou, President