AGM Financial Services, a leading provider of financing solutions for multifamily commercial developers, today announced the launch of its new website. This digital expansion comes at an opportune time, as recent market developments signal potential growth in the multifamily sector.
The newly launched website at www.agmfinancial.com offers a suite of free resources tailored specifically for multifamily commercial developers. These tools are designed to support developers in navigating the current market landscape and capitalizing on emerging opportunities.
“Our new website is more than just a facelift,” said Myles Perkins, President and Owner of AGM. “It’s a reflection of our commitment to providing value to our clients, and helping them make informed decisions in an evolving market landscape. By shedding light on the benefits of FHA-insured multifamily loans, we give developers more options.”
AGM’s new website offers developer resources including:
- At a glance, timely rates for both Market Rate and Affordable multifamily projects
- Loan program explainer PDFs, written in easy-to-understand language
- Extensive library of blog articles and videos
- Relevant industry links
The website launch coincides with several encouraging developments in the financial and real estate sectors:
- The Federal Reserve recently cut the federal funds rate by 50 basis points, with indications of potential additional cuts through 2025. This move is expected to stimulate investment and development in the real estate sector.
- According to Cushman & Wakefield’s August Multifamily Digest, the U.S. multifamily vacancy rate saw its first decline since 2021 in the second quarter of this year. Absorption in the first half of 2024 nearly matched that of the entire previous year.
- These trends suggest a potential turning point for the multifamily development sector. As interest rates decline, previously stalled projects are being revived, and new opportunities are emerging.
Developers are invited to visit AGM online and share their thoughts and questions by clicking the red “FEEDBACK” button on the right hand side of the site.
About AGM Financial Services, Inc. Family-owned with over 30 years of experience, AGM has closed over $10 billion in FHA-insured multifamily project loans nationwide. We underwrite, fund, and service all of our loans. Developers and owners can count on AGM to be accessible, transparent, consistent, and ready to lend. From new construction to substantial rehabilitation to acquisition and refinance — for both market-rate and affordable projects — we can get the deal done. To learn more about AGM, call 800.729.4266 or visit agmfinancial.com.
