Freddie-backed multifamily properties perform and grow

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Luxury Connect | Oct. 16-18 | Beverly Hills

Revenue and income growth at multifamily properties backed by Freddie Mac grew by 3.9 percent last year. According to CoStar News, these 2,928 apartment properties — comprising nearly 765,000 units — continue to perform despite the volume of new multifamily deliveries, which has resulted in rising vacancies and higher expenses/debt service coverage.