2019 Multifamily Finance Summit

Summary

2019 Multifamily Finance Summit
Friday, September 27, 2019
8:00 AM - 12:00 PM Program
Golden Valley Country Club
7001 Golden Valley Rd, Golden Valley, Minnesota 55427, USA

8:00 AM Current Trends in Multifamily Housing & Financing
Moderator: Anne Mavity,
Executive Director, Minnesota Housing Partnership
Josh Talberg, Senior Vice President, JLL
Nichol L. Beckstrand, President, MN Multi Housing Association (MHA)
Richard Rennell, National Production Manager, Sabal Capital Partners
Jon Bishop, Vice President Finance, IRET
• Multifamily Financing State of the Market  - availability and rates
• Vacancy Rates, Absorption and Demand by Asset Class:  Market Rate, Affordable, Senior & Student
• Rent Trends by Asset Class
• New Construction Velocity by Asset Class, Effect on Existing Properties
• Submarket Update: Which Submarkets are Hot, Which are Not
• Impact on Financing: Pricing, Term, IO, ext.

9:00 AM Acquisition Financing and Refinancing Issues – A Borrower’s Perspective
Zachary Olson
, Shareholder Fredrikson & Bryron P.A
• Comparing Different Sources of Financing
• Timing Considerations and how these may impact your deal
• Preparing for Underwriting
• Acquisition:  New Financing vs Assuming Existing Financing
• Easy Pitfalls to Avoid

9:30 AM Construction Lending
Moderator: Herb Tousley,
Director, University of St. Thomas
Nick Place, Chief Lending Officer, Bridgewater Bank
Marsha Goff, Executive Vice President, Merchants Capital
Michael Lowe, Vice President, Commercial Real Estate, TCF Bank
Patricia Gnetz, Senior Vice President, U.S. Bank
• Construction financing pricing and terms
• Mini-perm/perm availability and options
• Key Credit Risks
• Lenders view on new supply scheduled to come on line and the impact and supply
• Value of relationship lending in today's market
• Lender View on Current Construction Velocity

10:20 AM Break

10:30 AM HUD Update and Finance Options - From HUD and Lender Perspective
Moderator: Gina Dingman,
President, Everest Real Estate Advisors
Sara J. Bergen,
Multifamily Senior Underwriter, U.S. Department of Housing and Urban Development
Michael Bisanz, Vice President & Deputy Chief Underwriter, Dougherty Mortgage
• Understanding HUD from A to Z 
• Current Loan Programs and Requirements
• HUD Update – Lender Perspective
• HUD Volume & Pricing
• MIP Options: Green, Affordable & Market Rate
• New Guide – When anticipated and what key changes are expected

11:10 AM GSA Update and Finance Options
Moderator: Nichol L. Beckstrand,
President, MN Multi Housing Association (MHA)
Alexis Sofyanos, Manager Multifamily Production & Sales, Freddie Mac
Brett Olson, Vice President, Grandbridge Real Estate Capital
Ben Bastian, Vice President, CBRE Capital Markets
• Fannie Mae DUS – Need to Know
• Freddie Mac CME – Need to Know
• Fannie Mae pricing, volume cap and credit update
• Freddie Mac pricing, volume cap and credit update
• How to tap the many resources of Fannie Mae & Freddie Mac
• Restrictions, Limitations and Opportunities with Freddie Mac and Fannie Mae 
• Recent New Programs or New Programs on the Horizon
• Capped and Uncapped business and impact on pricing and volume 

12:00 PM Adjourn and Networking

2019 Multifamily Finance Summit

Details

  • When

  • Friday, September 27, 2019
    8:00 AM - 12:00 PM
    Central Time

  • Where

  • Golden Valley Country Club
    7001 Golden Valley Rd
    Golden Valley, Minnesota 55427
    USA

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