8:00 AM: What’s really driving Multifamily decisions in 2026 and beyond…capital, supply, local market risk
Matt Mullins, Bricks and Brand
- Macro-economic trends impacting Multifamily
- The future of multifamily: who are the winners and the next chapter of Multifamily
- Where are we today (supply, demand, vacancy, deliveries, etc.)
- Capital and interest rates – how the economics of Multifamily are changing
- Demographic shifts, mobility and customer profiles are changing
- Due diligence under the new cycle
- Trends in Operations & Management
- Housing Shortage – are we really short housing units?
- Future of Multifamily: adaptive reuse, office conversions, mixed-use, etc.
8:40 AM: Construction Lending Update
John Dooley, Sunrise Banks
Douglas Monson, First Resource Bank
Barry Schneiderman, U.S. Bank
John Rent, Associated Bank Commercial Real Estate
Steve Johannes, Bridgewater Bank
Todd Phillips, Legacy Property Trust
Moderator: Todd Phillips
• 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.
9:35 AM: Break
9:50 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
Monte Hilleman, Sustainable Investment Group (SIG)
Ken Doresky, U.S. Department of Housing and Urban Development
Moderator: Monte Hilleman
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.
10:45 AM: Break
11:00 AM: Innovative Technology Transforming the Multifamily Industry
Steven Ladin, CoStar Group | Apartments.com
Mike Olson, 360 Security Services
Aubrey Albrecht, Minnesota Multi Housing Association
Shaun Chambers, Slate
Dusty Evenson, Metronet
Moderator: Shaun Chambers
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.