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 which include a very low interest rate on the first secured senior debt and adding a small mezzanine loan behind the first, rates as low as 5.08%, on average, can be achieved.
If you have a multifamily acquisition or multifamily loan refinance that is more than $10,000,000 and requires leverage up to 90% LTV then this structured finance product that will get you to the closing table. For more information on this innovative multifamily financing contact the experts at Dividend America Commercial Lending. Call Michael Gross, President at 404-549-6756 or email your executive summary and questions to mgross@dividendamerica.com
Lending in all 50 states and focusing on Multifamily Financing and Apartment Loans in the markets and submarkets listed in the S&P Case Shiller Home Price Index and the surrounding secondary markets to those cities. We look for opportunities in: Boston, Chicago, Denver, Las Vegas, Los Angeles, Miami, Fort Lauderdale, Orlando, San Diego, New York, San Francisco, Phoenix, Atlanta, Tampa Bay, Detroit, Minneapolis-Saint Paul, Charlotte, Dallas / Fort Worth, Portland, Seattle, Cleveland, Oklahoma City, Jacksonville, Indianapolis, Nashville, Kansas City, Louisville, Milwaukee, New Orleans, Philadelphia, Raleigh, Sacramento, Salt Lake City, San Antonio, San Jose, Saint Louis, Tucson, Austin, Baltimore.
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