80 likes | 204 Vues
Explore the evolving landscape of multifamily bond structures as discussed at the 2011 Annual Conference. Ansel Caine, Vice President at Caine Mitter & Associates, reviews recent trends in HFA bond structures, focusing on FHA risk-sharing, Freddie Mac credit enhancements, and the implications for direct lending. The presentation highlights how new parity indentures can provide HFAs with greater flexibility, ultimately affecting financing strategies tailored to specific goals. Learn about the current market's financing structures and the potential for future developments.
E N D
NEW DEVELOPMENTS IN MULTIFAMILY FINANCE 2011 ANNUAL CONFERENCE STRUCTURING MULTIFAMILY BOND ISSUES IN THE CURRENT MARKET ANSEL CAINE VICE PRESIDENT MAY 20, 2011
RECENT HFA BOND STRUCTURES FHA-RISK SHARING FHA/GNMA FREDDIE MAC CREDIT ENHANCEMENT DIRECT LENDING
Wrap Up Landscape of multifamily bond structures has changed somewhat in recent years Parity indentures can provide HFA with additional flexibility Financing structure will depend on the specific goals of the financing Ansel Caine, Caine Mitter & Associates Incorporated Phone: 212-686-8820 Email: acaine@cainemitter.com