Freddie Mac Offers More Deals on Single Apartment Loans, REITs Could Gain Investor Favor, CMBS Slowdown Likely To Persist

Freddie Mac Offers More Deals on Single Apartment Loans: Freddie Mac is kicking off 2023 by offering more of a growing investment type: single-borrower, single-asset multifamily loans. The government housing finance giant has $1.43 billion of its Multifamily Participation Certificates set to be issued this month. Its so-called Multi PC deals are backed by a single borrower or single-asset loan, unlike its flagship K-Series deals, in which dozens of loans are pooled into a commercial mortgage-backed security. The Multi PC process aims to get loans to bond investors faster than the time it takes to pool them.