multifamily residential: Apartment Loans in Phoenix, AZ - up to $7,500,000 - 02/23/17 01:42 PM
Apartment Loans are Expanding!
Apartment loans in Phoenix, AZ for multifamily residential properties with 5 or more units are increasingly easier to qualify for and are expanding at a rate not seen in half a decade!   This is great news for real estate investors who want to pull cash out of existing stabilized multifamily properties or those who want to add to an already robust portfolio!
With rents continuing to rise and demand growing in the Phoenix, AZ market for apartment building and multifamily residential developments, underwriters are expanding the approval criteria and raising loan limits for apartment loans.  With loans available from $250,000 to as … (0 comments)

multifamily residential: Bridge Loans - Right Now! - 06/20/16 06:39 AM
Bridge loans have become extremely popular with investors understanding the value of using this fast closing, easy qualifying financing option to not only obtain single properties, but portfolios of assets.  With today's bridge loan acquiring properties of all types from traditional office to commercial and retail and multifamily residential has been simplified.
This financing allows for investors in fringe markets and B-Class and C-Class properties to move quickly thereby establishing an aggressive acquisition price giving them the ability to rapidly snap up choice opportunities.  As the economy continues to improve and the higher quality opportunities in premium markets continue to become more … (0 comments)

multifamily residential: Apartement Loans & Small Balance Multifamily - 03/24/16 03:07 AM
Apartment Loans
Looking for apartment loans with higher loan to values and lower interest rates has become a struggle for many multifamily residential operators with smaller properties of lower loan balances.  However, recent programs provide for LTV ratios as high as 80% with rates below 4% in many cases.
Apartment loans for multifamily residential developments purchases or refinances, even for cash out refinances, now have excellent rates for loan amounts from $1 million up to $5 million.  This covers a lot of properties not previously covered under what has become typical apartment loan options.
Small Balance Multifamily Loans
These apartment loans or as they coming … (0 comments)

multifamily residential: 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 residential: 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 residential: 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)

multifamily residential: 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 residential: 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 residential: 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)