July 21, 2008
...That would cause the value of multifamily properties in investors' real estate portfolios to fall, noted Richard K. Green, director of the Lusk Center for Real Estate at the University of Southern California, Los Angeles. "But whatever Fannie and Freddie might look like, their whole role is to make sure there is a lender in the market, and I don't see any reason why that would change," Mr. Green added. The agencies' multifamily loans are still performing well and as of March, the most current public information available, default rates on apartment loans were still low, Mr. Green said...