phoenix: 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)

phoenix: Commercial Loans - Down to $100,000! - 10/25/16 06:50 AM
Commercial Loan Threshold Goes Lower!
It's been a long, long, long time since commercial loans were available for real estate investors that need loans below $500,000!  In a sign that the economy may be turning, loans from $100,000 to $500,000 are now readily available.
Even more impressive is that many times these smaller loans do not require tax returns.  Simply having the right amount of down payment or equity in the property and a decent credit score is good enough for an approval. 
In the Phoenix, AZ metropolitan area, investors seeking to invest in small commercial real estate or pull some cash out of existing properties need … (0 comments)

phoenix: 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)

phoenix: 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)

phoenix: 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)

phoenix: Bridge Loan Success - A Bridge To Far? Not This Time! - 02/09/16 01:23 AM
This is a Bridge Loan Success. This borrower had a real struggle.  He had invested tons of money in his project, capital was drying up and he needed a quick solution, here's how it all went down.
A Bridge (loan) to Far? Not this Time!
Everyone knows the old WWII story about the raid led by the British to try and gain a foothold in Europe and break the German supply lines.  The raid, dubbed Operation Market Garden, was doomed from the start.  Poor planning, a lack of experience by the planners and imporoper insight into the resources needed to accomplish the … (0 comments)

phoenix: Working Capital & Business Lines of Credit - 01/27/16 06:26 AM
Working Capital
Working capital loans are something every business needs at some point in their history but are often hard to come by.  The problem with working capital loans is generally not one of qualification but of understanding.
While there are working capital loans with low rates, think SBA and other government backed loans, these loans typically take a long time to close and often leave the business without the fast cash needed to take advantage of opportunities of solve some dire, immediate business need.
Working Capital Loans & Business Lines of Credit
Today's market is filled with companies offering working capital loans, merchant … (0 comments)

phoenix: The Bridge Loan with 80% LTV... Possible! - 01/19/16 06:07 AM
The Impossible Bridge Loan
It is a much sought after bridge loan but is often elusive.  A bridge loan with a loan to value ratio (LTV) of up to 80%!  While some believe it is impossible, it is not. 
The majority of bridge loans in the market today have a cap of 65% LTV.  Some lenders will go as high as 75% but only on those cherry deals in prime markets.  However, recently certain bridge lenders have had an epiphany of sorts.
With the large banks still vacant in the commercial real estate lending space, these large bridge lenders have begun to originate GSE … (0 comments)

phoenix: 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)

phoenix: Gas Station Finance - Portfolio Purchase - 11/12/15 08:42 AM
Gas Station Financing
The toughest loan on the market today is a loan for a gas station convenience store.  Most investors end up relegated to the small bank, SBA cycle where they are both limited in scope and breadth of the amount of financing they can receive.
However there is an alternative, especially for those seeking gas station finance for the acquisition or repositioning of a portfolio of stations.  Through a special arrangement with an entrepreneurial finance partner, Dividend America Commercial Lending has rolled out a new gas station c-store finance program.
Focused on portfolio, roll-up and consolidation programs, Dividend America is able to provide … (0 comments)

phoenix: Hotel Loans & The SBA Loan - 09/18/15 05:47 AM
Hotel Loans & SBA Loans
Many in the hospitality industry are seeking hotel loans for their next project and tend completely overlylook the advantage of SBA loans.  Small business loans from the Small Business Administration are an excellent resource for funding your smaller hospitality investments.
With the ability to fund hotel loans up to $5 million and as high as 90% in some cases, a hotel loan using SBA guidelines is the perfect choice for many projects.  To find out how easy it is to qualify for a hotel loan using SBA loan guidelines give the experts at Dividend America Commercial Lending a … (0 comments)

phoenix: 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)

phoenix: Hotel Loans - 09/04/15 03:59 AM
Need Hotel Financing? Hotel Loans
Hotel loans for all types of projects are available with fairly simple terms.  With 80% LTV (loan to value) hotel loans, investor get the most aggressive loan terms with amortizations of up to 30 years and rates below 6% in most cases.
Today, hotel loans are available for acquisition, for refinance ... even with cash out to perform a PIP ... or, beilieve it or not, for construction.  As mentioned above, acquisition loans can go as high as 80% LTV and with some of our equity parnters deals can be structured as high as 90% with strong deals … (0 comments)

phoenix: 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)

phoenix: 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)

phoenix: 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)

phoenix: Bridge Loans for Commercial Real Estate - 07/01/15 02:37 AM
Bridge Loans for Commercial Real Estate - Acquisition & Rehab to 100% of Cost
Sound to good to be true?  Maybe it is and maybe it isn't, the devil is always in the details.   There are a lot of bridge lenders (... and pretenders ...) touting their bridge loan product with "100% of rehab cost" included.  Many brokers and borrowers are reading into this, thinking that the loan is a 100% LTV, however, closer examination reveals something entirely different.
Bridge loans for commercial real estate acquisition and rehab are coming back into the market at a very rapid pace and that is a … (0 comments)

phoenix: 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)

phoenix: 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)

phoenix: Bridge Loans & Commercial Real Estate Investment - 06/08/15 02:46 AM
Bridge Loans & CREI
Bridge loans are a necessary financial tool for any commercial real estate investment enterprise.  Often times commercial real estate investor frown upon the use of bridge loans.  The common complaint is the 'cost of the money' being to high.
However, when the cost of losing a transaction is calculated, all of the sudden a loan with a higher, interest-only, interest rate doesn't look so bad.  The point here is not to argue whether interest rates on bridge loans are high, we all can agree that they are some of the highest in the market today.  The problem is the … (0 comments)