Southeast Real Estate Business published an article detailing ongoing efforts by Fannie Mae and Freddie Mac to significantly bolster multifamily loan production. With increased lending caps of $88 billion apiece for 2026, the agencies are actively working to deploy capital across an expanded variety of deal types.

“Agency executions remain among the most competitive capital sources today, with spreads tightening by roughly 10 basis points over the past year,” said Ian Monk, senior managing director and head of conventional production at Lument.

Challenges remain, however, such as lower projected rent growth. Monk noted that the rent scenario requires “a level of discipline we haven’t seen in years” in terms of underwriting. “In markets with flat or negative rent growth, borrowers are grounding assumptions in current performance rather than near-term upside.”

Read the full story at Southeast Real Estate Business