Freddie Mac is the program we test beside Fannie Mae on a Phoenix apartment, and it is the one we use when targeted affordable or value-add still belongs in Optigo rather than in bridge. We place the loan with an executing seller/servicer. We are not Freddie Mac.
No Phoenix card is a Freddie Mac loan. Harvard Court does not name a source. The 2026 Tucson value-add loan is life company, interest-only during construction, $28,000,000, and it is not Optigo and not Phoenix.
Freddie Mac Optigo is a placement, not a license we hold
| Optigo | Outside Optigo | |
|---|---|---|
| Programs we discuss | Conventional, targeted, and value-add multifamily | A commercial building that is not apartments |
| Role | Originate in Scottsdale and place with a seller/servicer | We are not Freddie Mac and we are not an Optigo Seller/Servicer |
| Value-add | When the program will take the business plan | When it will not, bridge until a takeout exists |
Value-add in Phoenix versus a permanent Optigo loan
A value-add community can be Optigo when the program will underwrite the business plan. If occupancy today will not clear it, the honest Phoenix structure is bridge with the Optigo or Fannie Mae takeout named. Phoenix bridge is that interim loan. Calling bridge a Freddie Mac loan would misstate both products.
Investor-owned refinance language does not change the disclaimer. The sponsor can be a partnership or a fund. The originator is still not the Seller/Servicer.
Conventional Phoenix apartments
A leased conventional community is a Fannie Mae and Freddie Mac comparison, not a default to either logo. We do not publish which one 'wins' in Phoenix, because that is the rent roll in the file. HUD remains the third clock when the sponsor will trade speed for term.
Program background is Arizona Freddie Mac. The city umbrella is Phoenix agency.
Phoenix Freddie Mac and the alternatives
| Source | When it fits |
|---|---|
| Arizona Freddie Mac | Statewide Optigo. Not a Seller/Servicer there either. |
| Phoenix Fannie Mae | The other GSE quote on the same Phoenix apartments. |
| Phoenix bridge | When Optigo will not take today's occupancy. |
| Freddie Mac execution | How Optigo conventional, targeted, and value-add loans are placed with a Seller/Servicer. |