For years, Freddie Mac Multifamily has provided flexible, cost-effective financing for properties needing moderate upgrades. We’ve heard from our Seller/Servicers that this type of funding can also be beneficial for student housing properties.
To address this need, we created a new offering specifically for renovating student accommodations, including interior and exterior improvements. Our new Student Housing Value-Add offering allows Borrowers:
- To spend up to 75 percent of funds on exteriors
- Adjust the budget up to 20 percent without additional approval
In addition, the Student Housing Value-Add loan features all the other benefits of our regular Value-Add funding. For more information, read our Student Housing Value-Add term sheet.
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