Freddie Mac Announces K-AIV, Single Borrower Offering of Approximately $538 Million in Multifamily Securities

Freddie Mac FMCC today announced a new offering of Structured Pass-Through Certificates, multifamily mortgage-backed securities. The company expects to offer approximately $538 million in K Certificates, which are backed by 19 multifamily properties owned by Apartment Investment & Management Company AIV affiliates. The K Certificates are expected to price the week of May 23, 2011, and settle on or about June 9, 2011.