multifamily: Bridge Loans for Investors - 06/03/16 10:56 AM
Bridge loans for insvestors are available for the purchase of distressed assets.  The most successful bridge loans for investors are for the acquisition and repositioning of distressed multifamily residential developments.
Buying older apartment buildings, small apartment complexes and slightly worn multifamily residential developments using bridge loans is one of the best ways to acquire property.   The bridge loans typically provide funds to purchase and rehab the property being acquired with LTC (loan to cost) percentages of up to 75%.
To find out how easy it is to quality for a bridge loan to purchase and reposition multifamily residential developments and apartment buildings contact the experts at Dividend … (0 comments)

multifamily: Multifamily Residential Financing in 2016 - 01/12/16 12:27 AM
Multifamily Residential Financing
It's a new year and the market for multifamily residential is hot.  Yardi reports in the Yardi Multifamily Rents Matrix for 2016 that multifamily rents in 2015 grew by 6.4%!  This is good news for the industry.  This equates to a 190 basis point increase over 2014 numbers and crushes the long-term average of 2.8%.
So how will this affect multifamily residential financing, we think the answer is; positively!  Interest rates are still very low, hovering around 4%.  We are starting to see LTV's creep up as continued rising rents take pressure off of risk.
Multifamily residential financing for refinance to a … (0 comments)

multifamily: Multifamily Small Balance Loans - 01/05/16 07:50 AM
Small Balance Loans for Multifamily Properties
It's a New Year!  and the market for multifamily small balance loans is getting even better!  With two major categories, those loans from $250,000 to $999,999 and those from $1 million to $5 million, investors in multifamily developments and apartment buildings now have the aggressive capital they need to significantly grow and improve their portfolios in 2016.
Loan to Value (LTV) ratios are still aggressive and are currently range from 75% to 80% in most markets.  Rates are still extremely loaw for loans over $1 million with 30 year amortizations running around 4%!  Money is available for … (0 comments)

multifamily: Get Financed Today! - Multifamily, Office & Hotel - 10/12/15 06:24 AM
Get Financed Today! - Financing Tips & Tricks
Get financed today, whether you are seeking a commercial real estate loan for multifamily financing, apartment loans, financing for an office building or office complex financing, even hotel loans, it is easier than one might think.  Having a proper understanding of the way underwriters think and accepting a few facts about financing are the keys to success.
Multifamily Financing
When financing multifamily developments or seeking apartment loans, knowing the area of the financing that is hot in today's market is one key to success.  Small balance loans are very hot in multifamily financing and apartment lending … (0 comments)

multifamily: Multifamily Financing - Low Rates, Longer Terms - 09/14/15 09:34 AM
Multifamily Financing with lower rates and longer terms are available for Small Balance loans.  In the past, most multifamily financing that included longer terms and low rates were reserved for larger loans, usually loans over $10 million.  Now, multifamily financing with loan amounts from $1 million to $5 million is easy to obtain.
Multifamily Financing - Non-recourse!
These non-recourse, long-term, low rate loans can have fixed periods from 5-10 years with rates below 4%!  That's right, they are also non-recourse!  The multifamily residential housing industry has been clamoring for this multifamily finacing prorgram and finally, it is available.
Helping both smaller investors and institutional investors alike, this small … (0 comments)

multifamily: Commercial Loans - Multifamily - 09/01/15 12:26 PM

Commercial Loans for Multifamily Housing and Apartment Buildings
Commercial loans for multifamily housing and apartment buildings are becoming more prevalent and easier to qualify for as the housing market tightens and rents continue to rise.  Recent trend data still shows a housing shortage and tight residential lending criteria continue to force more of the population into rental units.
Recent changes from Freddie Mac and Fannie Mae have opened up commercial loans in the small balance loan category for multifamily and apartment communities.  From bridge loans to standard conventional commercial loans, commercial real estate investors are finding the door to commercial loans for multifamily and apartments is getting easier.
Commercial … (0 comments)

multifamily: Bridge Loan - Multifamily Financing Facts - 08/24/15 03:46 AM
Bridge Loan Facts - Multifamily Financing
The bridge loan facts are the bridge loan facts and the fact is that in order to buy unstabilized apartment complexes or to buy down debt on a multifamily development you have to use a bridge loan.  We hear all the stories about brokers telling borrowers that they can get 7% bridge loan rates, 6% bridge loan rates and now even 5% rates that are interest only with up to 80% LTV to purchase distressed assets or to buy out their debt at a discount.
The simple truth is that in most cases these are lies told by brokers … (0 comments)

multifamily: Bridge Loan - Apartment & Multifamily - 08/20/15 06:43 AM
Bridge Loan - Apartment & Multifamily Repositioning
Bridge loan lending can be a complex world filled with unscrupulous players charging high upfront fees and not delivering at the closing table.  Today there are rumored to be bridge loans for apartment buildings and multifamily development repositioning projects with rates in the 8-10% range. 
The reality is that a bridge loan with these rates are typically reserved for deals in the Top 5 major markets and for properties that have a loan to value of less than 50%.  Essentially, these deals represent little to no risk to the bridge loan investor. 
Quality Bridge Loan Investors (Lenders)
Quality bridge … (0 comments)

multifamily: Multifamily Financing - FHA/HUD vs Freddie Mac - 06/13/15 05:18 AM
Multifamily Financing - FHA & HUD Programs
FHA and HUD have some fantastic programs to finance multifamily residential properties.  On the positive side they rates that can be sub 4% in some cases.  They also fix those rates for the entire term of 35 years!  That is amazing but it gets better, multifamily residential investors can get LTV (loan to value) ratios as high as 90%.  That's a low down payment of only 10% of the overall cost.
With all these great terms comes a serious downside.  The multifamily residential investor must commit the development to various types of rental assistance programs and in … (0 comments)

multifamily: 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)

multifamily: 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)

multifamily: 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)

multifamily: 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)

multifamily: Multifamily Loans Refinance - Unbelievably Low Rates - 05/18/15 01:06 PM
Multifamily Loans Refinance - The Lowest Rates
Believe it or not, the lowest rates on the refinance of multifamily loans these days is not coming from the major banks!  More and more often smaller firms with lower overhead and connections to entrepreneurial lending platforms are providing the lowest interest rates on the refinance of multifamily loans.
With rates dipping below 3% (for the best rate term deals having low LTV's) some commercial real estate investors are getting their multifamily loans refinanced with rates as low as 2.875%!  Now, to be sure, that's not everybody, but even the toughest deals are receiving offers in the mid … (0 comments)

multifamily: Multifamily Finance - 2.99% and Cash Out - 05/11/15 02:46 AM
Multifamily Finance with rates as low as 2.99% and with available options to pull cash out during the refinance of stabilized multifamily assets is a reality in this competitive multifamily finance environment.  With rates as low as 2.99% refinance of you multifamily finance loan may be a great way to increase cash flows drastically.
Proper Multifamily Finance Increase Cash Flow
A refinance of existing multifamily debt using the correct multifamily finance strategy can net an investor thosands of dollars per year in cash flow.  A 2-3% decrease in the interest rate creates such huge monthly savings and cash low increases that it makes … (0 comments)

multifamily: Multifamily Financing with Low Interest Rates - 04/24/15 03:15 AM
Multifamily Financing
Multifamily financing and low interest rates are here, but they are not here to stay.  Today interest rates in multifamily financing and apartment loans can be as low as 2.99% on loans with amortizations as long as 25 years!  These phenomenal rates are here now, but they won't be for long.
Savvy investors are completing rate and term refinances to obtain the lowest rates.  Even more experienced investors are completing cash out refinances of their multifamily financing and apartment loans to receive rates in the high 3% to low 4% range.  Imagine the cash flow that is created from converting a … (0 comments)

multifamily: Apartment Financing - Apartment Loan Refinance - 03/28/15 07:32 AM
Apartment Financing Rates are in the high 3's to low 4% range right now.  Rates this low help apartment complex owners and apartment building investors create excess cash flow.  Using Apartment Financing and apartment loan refinance strategies properly can help investors rapidly grow their portfolios.
Proper structuring of an apartment loan refinance is critical to the success of using apartment financing cash out strategies.  Monetizing the equity in an apartment complex or other apartment asset can be a great way to get the needed equity to use as the down payment for additional purchases to grow a multifamily portfolio.
Dividend America … (0 comments)

multifamily: Multifamily Financing - High Leverage 90% - 03/18/15 09:53 AM
Multifamily Financing - High Leverage
Multifamily financing with high leverage has been a challenge for many investors to obtain.  With new programs and very competitive multifamily financing market new programs are coming available that help real estate investors purchasing large multifamily projects obtain the high leverage they have been seeking.
Obtaining multifamily financing with high leverage, up to 90% LTV (CLTV), can be achieved with when the sponsor can prove they DO have the 10% equity required.  Many think that leverage this high for multifamily financing would have high interest rates, in fact, the opposite is true.  Using structured finance strategies … (0 comments)

multifamily: Apartment Loan Refinance - Cash Out and Rate Reduction - 02/27/15 04:49 AM
Apartment Loan Refinance for Apartment and Multifamily Loans
Apartment Loan Refinance to pull cash out and to radically lower your rate can be achieved in many cases in less than thirty days.  The key to success is being prepared and engaging the right team.
The challenged for most small enterprises and larger investors is usually the same.  Most people just don't understand the types of documents needed to get started with an apartment loan refinance, not do they understand the delicate balance of information flow at each stage of the process.
Phases of Apartment Loan Refinance
During the process of applying … (0 comments)

multifamily: Apartment Loan Refinance - 02/24/15 01:59 AM
Apartment Loan Refinance?
Thinking of refinancing an apartment loan and wondering where to turn?  Apartment Loan Refinance in today's market with constrained capital can be hard to find for both well-healed multifamily portfolio operators and single entity apartment building owners.
Whether the loan to be refinanced is a complex loan blanketing an entire portfolio of a single loan covering one apartment complex, refinancing doesn't have to be a difficult process.  Knowing the right steps to get your apartment loan refinance noticed and moved to the top of the underwriting que can be as easy as preparing three simple documents.
Successful Apartment Loan … (0 comments)