The Trends: Fiscal Crisis Digs In

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The Trends: Fiscal Crisis Digs In

Nov 11th, 2008, 05:40 PM #1 (permalink)

The ailing economy hasn’t damaged the apartment sector as badly as it has other commercial real estate sectors, thanks largely to debt capital available through Fannie Mae and Freddie Mac. But the multi-family industry is starting to feel the impact of the global fiscal turndown, according to the National Multi Housing Council’s October 2008 quarterly survey on apartment conditions.

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