apartment building: Bridge Loans for Acquisitions and Rehabiliation - 06/22/15 07:51 AM
Bridge Loans - Acquisitions & Rehabilitation Funding
Bridge loans for the acquisition and rehabilitation of commercial or multifamily residential real estate is a fairly simple process when the correct funding partners are involved.  Understanding the intricacies of how to present the bridge loan opportunity to the bride loan lender is key to funding success.
Popular bridge loan products in today's market include commercial loans for office building acquisition and repositioning as well as loans for apartment buildings and multifamily residential building acquisition and repositioning.
The most successful projects with the highest loan to value ratios in today's market are for multifamily projects.  … (0 comments)

apartment building: Apartment Bridge Loans - Bridge Lending for Multifamily - 06/06/15 05:48 AM
Apartment Bridge Loans = Bridge Loans for Multifamily
Whether its a bridge loan for an apartment building purchase or a bridge loan for multifamily residential development re-positioning, most bridge loans take on the same characteristics.   When one thinks about bridge loans they should be thinking of a short term loan that helps them span a gap.
The gap can be simply from distressed asset purchase to stabilization or the bridge loan may be used for a quick close until some more patient money with better terms can be put in place.  Regardless of how one uses an apartment bridge loan or deploys bridge lending for multifamily … (0 comments)

apartment building: Multifamily Financing and Apartment Loan Lenders - 06/04/15 07:48 AM
Multifamily Financing for Apartment Buildings and Apartment Complexes
Multifamily financing and apartment loans are confusing terms and many commercial real estate investors don't understand the difference between the two terms.  The dirty little secret is this... there is really  no difference!
If there is no difference between the basic apartment loan and standard multifamily financing then why do the two terms exist.  The terms exist because many real estate investors 'self-identify' in certain ways and multifamily financing and apartment loan lenders want to capture all those investors in need of a loan.
In general, those commercial real estate investors that invest in large and … (0 comments)

apartment building: Multifamily Financing - The Slow No or A Quick Yes - How To Refinance - 06/02/15 07:05 AM
Multifamily Financing Do's & Don'ts of Refinance
Multifamily financing today is a hot commodity and it has gotten even hotter recently with the addition of certain programs that allow for the refinancing at rates as low as 2.875%!  But many refinances will fail for lack of knowledge or lack of preparation.
What should a real estate investor do when considering refinancing an apartment loan or multifamily financing?  The first step is understanding today's underwriter and the mentality that goes into the underwriting process.  No longer is it enough for the numbers to work... today's underwriters are looking for good partners.
Here is an excerpt from a recent underwriter guideline … (0 comments)

apartment building: Multifamily Financing - 06/01/15 07:47 AM
Multifamily Financing - Plain & Simple
The latest in small balance loans for real estate investors is multifamily financing for loans from $1 million to $5 million.  New apartment loan products on the market today provide for small balance loan refinancing that provides some of the lowest rates in years.
Multifamily financing with rates starting as low as 2.875% is no longer a fantacy but is a reality.  The problem in the market however, seems to be that most commercial real estate investors who have small balance loans are stuck in CBMS prepayment penalty nightmare.
Multifamily Financing with Prepayment Penalty
Today rates are so low … (0 comments)

apartment building: Apartment Loans - Small Balance Loans - 05/28/15 08:16 AM
Searching for apartment loans in the small balance loan category?  First understand the definition and what constitutes a small balance loan? 
Apartment loans and multifamily financing for loans less than $5 million has been difficult in recent years, especially those apartment loans with exceptionally low rates and competitive overall terms.  That has now changed!
Multifamily financing and small balance apartment loans are now an aggressive loan financing category with lenders fighting for the business.  Rates can be as low as 2.875% with fixed periods of up to 10 years, add to that a long amortization period and the newly minted small balance apartment loans become … (0 comments)

apartment building: Apartment Loans - Acquisition & Refinance - 05/26/15 05:12 AM
Apartment Loans - Acquisition
Apartment loans for acquisitions of additional apartment buildings are available and funding in the small balance loan space is aggressive.  Those commercial real estate investors who are acquiring apartment buildings and apartment complexes in the $1 million to $5 million range can now find easier qualification and more choices.
With loan to value ratios reaching 80% and loans with fixed terms up to 10 years and amortization periods of 25 years, these new apartment loans for acquisition of additional doors are helping real estate investors grow their portfolios in the B/C apartment building and apartment complex space.
Apartment Loans - Refinance
Additionally, … (0 comments)

apartment building: Blanket Mortgage - Residential Investment Properties - 04/09/15 01:59 AM
Blanket Mortgage
Blanket mortgage - a partitioned loan specifically designed to allow a single loan collateralized by a portfolio of properties.  With a residential blanket mortgage for residential investment portfolios real estate investors that want to purchase more than 4 properties can use a blanket mortgage to grow their business.
A blanket mortgage from Dividend America Commercial Lending can be used to pull cash out of an existing residential investment property portfolio, to consolidate debt and refinance or to purchase a portfolio of residential investment properties.  With rates as low as 5.5 - 7.75% and amortization terms out to 25 years, these loans are … (0 comments)

apartment building: Apartment Building Loans and Apartment Complex Lending - 05/28/14 03:48 AM
Apartment Building Loans and Apartment Complex Lending are generally simpler forms of financing than loans for multifamily developments.  The buyers of apartment buildings and smaller apartment complexes (less than 150 doors/units) don't need complex structured financing.
The borrowers that need Apartment Building Loans and Apartment Complex Lending are typically small investors who have similar properties or may even own multiple single family residential investments and are ready to move into more efficient types of real estate investments.
Apartment Building Loans and Apartment Complex Lending typically are loans from $250,000 to about $2,500,000 and often the properties would be considered B or C … (0 comments)