portofolio: Multifamily Financing- Apartment Lending & Multifamily Acquisition - 05/27/14 09:23 AM
Multifamily Financing- Apartment Lending & Multifamily Acquisition:  Multifamily financing today is loosening in two destinct sectors; Apartment Lending and Multifamilly Acquisitions.
Apartment Lending encompasses loans for smaller complexes and apartment buildings.  These are smaller loans in the $500,000 to $2,000,000 range.  This sector of the commerical finance market has seen explosive growth recently.
Bridge loans for Apartment Lending have virtually doubled and interest rates are dropping from their highs of 15% with hard money style loans down to more reasonable 12% rates with some lenders even dipping down to th 10% interest rate level.
Loans for apartment buildings and apartment complexes … (0 comments)