Posts by David Brickman
David Brickman is the executive vice president for the Multifamily Business. As head of Multifamily, Brickman is responsible for customer relations, product development, marketing, sales, loan purchase, asset management, capital markets, and securitization for the company’s multifamily business, which includes the flow mortgage, structured and affordable mortgage, CMBS and low-income housing tax credit portfolios. The total multifamily portfolio was $180 billion as of March 31, 2013. He is a member of the company’s senior operating committee and reports directly to CEO Don Layton.
Ten years ago, Freddie Mac Multifamily envisioned a future multifamily housing finance system, and began the process of transforming our business – and we haven’t looked back.
- In the multifamily mortgage market
- In rental demand
- In our business
- In demand for affordable housing
Amid all of the fuss about Millennials, let's remember that our population on the whole is aging. Among the many repercussions: We'll start to see explosive growth in the need for housing that offers affordability, accessibility, support services, and community over the next 10 to 20 years. Once it hits, it'll continue for years. We'll need to start preparing for the coming wave and taking advantage of opportunities it presents.
Today's a big day: We issued our 80th K-Deal, tallying $100 billion in these commercial mortgage-backed securities (CMBS) since June 2009. Thank you to everyone who contributed to this achievement. It's inspiring and a little dizzying to think about all that this milestone represents – and what's possible from here.