Multi-family mortgage financing opens up. (evaluation of government mortgage programs) (Financing Trends) (Column) From: Real Estate Weekly | Date: November 3, 1993| Author: Berger, Albert I. | COPYRIGHT 1993 Hagedorn Publication. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

Mortgage financing is available today for multi-family housing from a variety of sources. But the mortgage terms are relatively conservative.

Nevertheless, mortgage financing for multi-family properties no longer is a lender's market, as it was for several years. Institutional investors are turning away somewhat from a strategy of focusing on buying Treasuries. Returns on government paper are at post-war historic lows - as of this writing, three-month T-bills are tradin...

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