Jones Lang LaSalle has been approved as aProgram Plus seller/servicer in the state of Texas. The approval will help the firm grow its relationship with Freddie Mac, as part of a group of 24 multifamily lenders across the nation that meet the agency’s lender standards for the origination and servicing of loans.
Jones Lang LaSalle is also an approved seller/servicer in the Mid-Atlantic and Southeast.
Jones Lang LaSalle’s Freddie Mac Program Plus lending business in Texas includes a dedicated team of capital markets professionals who have a long history of originating, underwriting and closing Freddie Mac business.
“This is a natural extension of our commitment to grow strategically in all aspects of the multifamily space,” said Tom Fish, executive managing director and co-leader of the firm’s real estate investment banking team, in a statement. “From project inception to sale, not only can we secure the equity,and permanent debt that is most suited to our clients’ needs, we also provide a comprehensive, market-based exit strategy through our national multifamily investment sales force, led by managing director Jubeen Vaghefi.””