Securing multifamily financing can be challenging, and may involve many unknown obstacles, especially for diverse and emerging multifamily sponsors who are still building their businesses. We’re working to help meet those challenges by bridging the knowledge, relationship, and financing gaps that persist within the multifamily industry. Our efforts include bringing together an annual group of diverse and emerging sponsor participants (Cohort) who are looking to grow and scale their businesses, and providing educational and networking opportunities that will help them progress.

During our time together, we will engage in multiple virtual and in-person sessions to help increase networking and educational opportunities for these sponsors. Having a two-way communication channel with the Cohort allows us to drive towards a more inclusive and equitable multifamily ecosystem.

Kevin Palmer kicked off the Diverse & Emerging Sponsor Forum in Spring 2024.

Freddie Mac Head of Multifamily Kevin Palmer kicked off the Diverse & Emerging Sponsor Forum in Spring 2024.

Diverse and Emerging Sponsor Guidelines

Freddie Mac Multifamily has determined that sponsors meeting the following criteria will be best suited for the Cohort:

  • No more than 1,000 multifamily units owned/operated
  • At least 5 years of multifamily ownership experience and/or meets the Small Balance Loan (SBL) baseline experience requirements*

*SBL baseline experience requirements are defined as sponsorship of (i) a minimum of three multifamily properties, with at least one for a minimum of the preceding two years, (ii) at least one multifamily property for the five preceding years or (iii) at least 10 units consisting of 2- to 4-unit properties for a minimum of the preceding two years.

2024 Cohort Participants

This year’s Cohort participants comprises 31 sponsors from all over the country, including:

Alexander Goshen, Atlantica Properties, Bedrock Real Estate Investors, Bridging the Gap Development, LLC, Cornerstone Strategic Partners, Cubed Partners, Dimes Capital Group, Ernst Equities, FLGA Real Estate Group, Forward Community Investments, Infinite Horizons, Kalel Companies, Lifesperity Capital Group, McClendon Capital Group, Morningstar Community Development, Mosaic Affordable Housing, Rule Enterprises, The Civic Group, The Streamwood Company, TRG Investments LLC, Tripod Properties, Vantage Capital Advisors, and Yoke Management Partners.

Disclaimer: The purpose of the cohort list is limited to sharing the names of companies who have engaged in this year’s Cohort activities. A sponsor’s participation in the Cohort is not to be considered a pre-approval of them by Freddie Mac for future loan transactions. They will need to go through the standard application and review process Freddie Mac requires of all sponsors and borrowers for the loans it purchases.

2023 Steering Committee

The following sponsors are the original participants who collaborated with us during the first year of our initiative. They helped us shape future efforts and pave a path forward.

Argyle Real Estate Partners, Comunidad Partners, Dantes Partners, Domos, Elevate Commercial, Essence Development, Ginosko Development Company and Northern Liberties.
 

Join the Cohort

We refresh this initiative annually to include a new group of diverse and emerging sponsors in hopes of opening more doors and bridging gaps within the industry. The interest form for the 2026 cohort will re-open in the Fall of 2025.

For questions about the initiative, please send an email to [email protected].