The 2009 Multifamily Investment Crunch Guide

Link is now available. It has been edited from our normal underwriting guidelines to provide a better understanding how the current financing crunch is impacting multifamily transactions. It’s designed for investors who need some current information. It should also give agents some idea of structuring a sale or financing for most multifamily investments.

A large number of banks have simply stopped lending. The remaining banks are cherry pickin deals because they can.

The current credit crunch does need some “esplaining”. I’d use the word “explaining” but in this case the credit crisis doesn’t make much sense. Literally, our economic power generator that normally runs on… say GAS … has sputtered to a halt. Almost anything that isn’t government backed is having a tough time finding buyers.

The Feds really did not think the Lehman Brothers failure through very well thereby throwing a huge number of investors around the world into a frenzy. Investors are all looking for a safe place for their money especially those short term bond holders. I think the Feds would like a tap back on that decision.

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