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Sharon Karaffa
President of Multifamily Debt & Structured Finance at Newmark, overseeing Fannie Mae, Freddie Mac, and FHA lending platforms and advising on multifamily financing, liquidity, and structured debt solutions.
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Dec 18, 2025
• 28min
Multifamily Lending Explained: Liquidity, Financing & Rates with Sharon Karaffa
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In this engaging discussion, Sharon Karaffa, President of Multifamily Debt & Structured Finance at Newmark, shares insights into the multifamily lending landscape. She clarifies the distinction between commercial and residential loans, emphasizing the importance of cash flow and property operations. Sharon also addresses current liquidity, the risks associated with loan maturities, and the role of FHA in supporting affordable housing. Additionally, she discusses the implications of potential privatization for pricing and encourages investors to consult lenders before diving into multifamily investments.
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