Product Combo Provides Funding

Name:	Four property pool
Location:	Massachusetts, Minnesota, Missouri
Loan/Deal Type:	Freddie Mac Capital Markets Execution
Number of Units:	1,617 units
Loan Amount:	$100 million

Combining the Freddie Mac Capital Markets Execution^SM (CME) pilot product and a capped Freddie Mac Adjustable-Rate Mortgage (ARM) helped Holliday Fenoglio Fowler (HFF) provide $100 million in financing to a large investment fund to refinance four properties in Massachusetts, Minnesota and Missouri.

The pool of properties represents a total of 1,617 units.

Freddie Mac delivered exactly what it said it would, and the transactions were a great success.

Mike Kavanau
senior managing director, Holliday Fenoglio Fowler

"This was a very hotly contested portfolio financing which ultimately took advantage of two of Freddie Mac's strongest product lines – 10- and seven-year CMEs, and a capped ARM," said Mike Kavanau, HFF senior managing director. "Freddie Mac’s willingness to provide full access to the decision makers was a huge factor in the borrower’s decision. In the end, Freddie Mac delivered exactly what it said it would, and the transactions were a great success."

The Freddie Mac CME pilot product connects you to the capital markets via a securitization, typically providing lower interest rates over a portfolio execution. The Freddie Mac ARM is ideal for taking advantage of lower short-term rates with prepayment flexibility.

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