Skip to Main Content
Doing More Today
  • News
  • Community
    • Associates in Action
    • Community Engagement
    • Small Business
    • Economic Development
  • Insights & Innovation
    • Economic Commentary
    • Insights
    • Innovation
  • Financial Wellness
    • Financial Wellness
    • Fraud Prevention
  • See the Good
    • Culture
    • Good Company
    • Good Towns
    • Good Pets
    • Ecards
    • Recipes
    • Riding Forward
Subscribe Now
Regions Bank

Regions Bank: Doing More Today: Good stories. Better insights. More possibilities.

Share
Share on Facebook
Share on X
Share on LinkedIn
Share via Email
Subscribe
Interior and exterior photos of Park Place apartments.
Category: News

Regions Bank Arranges $350 Million Fannie Mae Credit Facility to Refinance Multifamily Portfolio

Transaction highlights Regions’ track record of providing robust financing solutions for multifamily clients.

By Jennifer Elmore | November 29, 2023

BIRMINGHAM, Ala. – Nov. 29, 2023 – Regions Bank on Wednesday announced its Real Estate Capital Markets division, a diversified multifamily and commercial real estate lender, arranged a $350 million Fannie Mae credit facility with Equity Residential to refinance a portfolio of five of Equity’s multifamily properties.

“Regions provides meaningful capital solutions to qualified multifamily borrowers in several of the nation’s largest markets,” said Kerri Raines, managing director of Regions Real Estate Capital Markets. “We take an in-depth, customized approach toward understanding the detailed goals of each client. This transaction is a strong example of how our teams translate those goals into tailored solutions designed to help our clients continue to grow and thrive.”

Financing was provided via Fannie Mae’s Credit Facility, a flexible financing tool that allows borrowers to manage debt across their entire multifamily portfolio. The fixed-rate financing was provided to Equity Residential on a 10-year term. The portfolio included in the Fannie Mae financing covers five properties with 1,623 units across several major residential markets in the country.

Regions provides meaningful capital solutions to qualified multifamily borrowers in several of the nation’s largest markets. Kerri Raines, managing director of Regions Real Estate Capital Markets

Regions Real Estate Capital Markets serves clients with a comprehensive suite of agency financing solutions, meeting a range of borrower needs. Solutions span agency options for acquisition, refinance, bridge, and construction financing. The group’s loan products serve borrowers and properties nationwide across all major multifamily real estate asset types.

Regions Real Estate Capital Markets’ lending operations are powered by SNAP™, a technology-driven platform that automates and enhances customer relations across the life-of-loan process, from loan origination through servicing. SNAP leverages tools including real-time commercial property financing scenarios, seamless online loan applications, and technology for tracking loan progress through deal closure, and supporting servicing.

Information on Regions Real Estate Capital Markets’ comprehensive multifamily and commercial real estate loan programs can be found in the Real Estate Capital Markets section of Regions.com.

 

About Regions Financial Corporation
Regions Financial Corporation (NYSE:RF), with $154 billion in assets, is a member of the S&P 500 Index and is one of the nation’s largest full-service providers of consumer and commercial banking, wealth management, and mortgage products and services. Regions serves customers across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,250 banking offices and more than 2,000 ATMs. Regions Bank is an Equal Housing Lender and Member FDIC. Additional information about Regions and its full line of products and services can be found at www.regions.com.

About Regions Real Estate Capital Markets Group
Regions Real Estate Capital Markets is a diversified commercial real estate lender that keeps borrowers and brokers ahead of the curve with comprehensive debt solutions encompassing agency options. SNAP®, the lender’s proprietary technology platform, supports origination and servicing while enhancing the customer experience. For more details, visit Commercial Real Estate Financing | Capital Markets | Regions Bank.

Share
Share on Facebook
Share on X
Share on LinkedIn
Share via Email
Subscribe

Trending Articles

  • 1.

    Best Remedy for Mortgage Fraud: Stop, Call and Confirm

  • 2.

    June 2025 | Economic Commentary

  • 3.

    2025 Regions Tradition Closes with Come-From-Behind Win

  • 4.

    Angela Santone Joins Regions Bank as Chief People Officer

  • 5.

    Regions Bank Named 2025 Gallup Exceptional Workplace Award Winner

Related Articles

David Payne
Category: News

Regions Affordable Housing Names David Payne Head of Originations

Arpita Patel, Regions Branch Manager in Anderson, South Carolina, and...
Category: Community Engagement

Helping Newcomers the Regions way

Steve Alker taking a swing with a crowd of onlookers...
Category: Culture

Bringing the Tradition to Life: Diebold Nixdorf

Group photo from Atlanta Event and photo of Kori Brown...
Category: News

Extra Help to Financially Prepare for College

Group of Regions associates from Alabama and associates at the...
Category: Community Engagement

Share the Good 2025: Greatest Hits

Regions Lemay Branch, St. Louis, MO.
Category: News

Regions Foundation Announces Disaster-Recovery Grants for Key Areas Impacted by Recent Midwestern Storms

Group photo with a woman in the front of the...
Category: Community Engagement

School’s Out for Summer!

American Customer Satisfaction Index logo.
Category: News

New Study Rates Regions Bank Tops in Customer Satisfaction Among Traditional Banks

Regions.com | About Regions | Investor Relations | Privacy & Security | Website Terms of Use | Contact Regions | Careers at Regions
© 2025 Regions Bank Member FDIC |
All Rights Reserved | Member FDIC | Equal Housing Lender | Online Privacy