8:00 AM: Construction Lending Update
John Dooley, Sunrise Banks
Douglas Monson, First Resource Bank
Exploring the evolving landscape of construction financing for multifamily projects in Minnesota amidst 2026 market dynamics.
• Navigating Interest Rate Volatility: Strategies for controlling financing costs amid expected Fed rate changes throughout 2026.
• Addressing Construction Cost Escalation: Managing ongoing rises in material and labor expenses across Minnesota’s multifamily projects.
• Trends in Financing Terms: Examining changes in loan-to-cost (LTC) ratios, spreads, and covenants for 2026 construction loans.
• Mini-Perm and Perm Financing Availability: Evaluating hybrid structures to smoothly transition from construction to stabilized operations.
• Managing Key Credit Risks: Detecting and reducing exposures such as over-leverage and extended project delivery timelines.
• Impact of New Multifamily Supply: Evaluating absorption challenges and trends ahead.
• Role of Relationship Lending: Utilizing established local bank partnerships to obtain better terms in today’s competitive environment.
• Lender Perspectives on Construction Velocity: Assessing lender willingness to fund multifamily deals in an uncertain economic climate.
9:10 AM: Break
9:25 AM: HUD, Fannie & Freddie Update and Permanent Debt Options
Wilson Molitor, Walker & Dunlop
Scott Loving, JLL Capital Markets
Joel Torborg, CBRE
John Schmid, Cozen O'Connor
Reviewing updates to agency lending programs and alternative permanent debt solutions for Minnesota’s multifamily market in 2026.
• HUD Program Enhancements: Summary of 2026 HUD updates, including expanded 221(d)(4) and 223(f) financing options.
• HUD Volume and Pricing Trends: Reviewing higher HUD lending volumes and attractive pricing levels in the Minnesota market.
• MIP Options for 2026: Comparing Green, Affordable, and Market Rate Mortgage Insurance Premium (MIP) rate structures.
• Regulatory and Guideline Updates: Adapting to revised HUD, Fannie Mae, and Freddie Mac underwriting requirements and standards.
• Alternative Permanent Debt Sources: Considering debt funds and private capital as effective supplements to agency financing.
• Fannie Mae and Freddie Mac Resources: Utilizing DUS and Optigo platforms for adaptable multifamily loan solutions.
• Agency Program Restrictions and Opportunities: Clarifying loan limits, affordability rules, and mission-focused lending priorities.
• Impact of Capped vs. Uncapped Business: Analyzing how 2026 volume caps affect pricing and overall loan availability.
10:35 AM: Break
10:50 AM: Innovative Technology Transforming the Multifamily Industry
Steven Ladin, CoStar Group | Apartments.com
Mike Olson, 360 Security Services
Jaime Perron, Saturday Properties
Aubrey Albrecht, Minnesota Multi Housing Association
Dusty Evenson, Metronet
Highlighting cutting-edge technologies reshaping multifamily management, leasing, and operations in Minnesota for 2026.
• Top Tech Solutions for 2026: Evaluating platforms transforming property management workflows.
• Digital Payment System Advances: Expanding blockchain-enabled rent collection and instant transaction processing tools.
• Low-Touch and No-Touch Technologies: Deploying self-guided tours and smart lock systems to streamline leasing processes.
• Smart Building Connectivity: Incorporating IoT solutions for improved energy efficiency and enhanced tenant experiences.
• AI-Driven Property Management: Applying artificial intelligence for predictive maintenance and stronger tenant retention.
• Audio-Visual Tenant Amenities: Installing high-speed internet, smart home features, and virtual concierge services.
• Sustainability Tech Integration: Leveraging PropTech to comply with Minnesota’s 2026 energy efficiency requirements for multifamily assets.
• Future Tech Outlook: Investigating VR property tours, ESG reporting platforms, and advanced tenant engagement applications.