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Thursday, September 1, 2011

Some Good News if You Work on Apartment Properties


While there’s not much good news in the property management market lately, a report from Freddie Mac might just open the door for more work for contractors who work on multi-family properties.
A report in the August 31 Wall Street Journal says Freddie Mac, “the government-backed mortgage giant,” “plans to accelerate its program to purchase loans backed by apartment buildings.” According to the article Freddie Mac will fund more than $16 billion in apartment building loans in

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