by Michael Gross | Jun 13, 2016 | Apartment Loans, Bridge Loan, Commercial Real Estate Loans, HOT!, Multifamily
As a professional in the field of lending, I often chuckle when applicants for multifamily loans totaling millions of dollars argue the smallest of fees. I notice that many borrowers have paid brokers large sums of money to represent them. Then they balk at the...
by Josh Barber | May 3, 2016 | Apartment Loans, Small Balance Loan
Multifamily Finance “I just can’t find anybody that is interested in my loan!” He was distraught, frustrated and incredulous as he described how his banking relationship of 15 years had denied his loan. “We’re sorry, multifamily finance is not in our wheelhouse. We...
by Josh Barber | Apr 18, 2016 | Apartment Loans, Commercial Loans, Multifamily
Multifamily Acquisition Loans & Apartment Loan Refinance – The Big Easy Multifamily Acquisition Loans In recent years it has been tough to get any type of financing and when financing was offered the down payments and sponsor equity requirements were as high as...
by Michael Gross | Jan 7, 2016 | Apartment Loans, HOT!, Multifamily
Multifamily Acquisition and Rebab Loan Multifamily Acquisition and rehab loan opportunities are everywhere and even with the heated multifamily markets and ballooning values for apartment buildings lenders are eager to lend on the acquisition and rehabilitation of...
by Michael Gross | Oct 5, 2015 | Apartment Loans, HOT!
Apartment Loans – Small Balance Financing Apartment loans from $1 million to $5 million are available at phenomenal rates and terms. Nonrecourse so you can add investors or do a 1031 exchange. Amortization periods of 30 years so your payment are lower. Fixed...
by Michael Gross | Jun 1, 2015 | Apartment Loans, Commercial Real Estate Loans, HOT!, Multifamily
An Apartment Loan for Small Balance Loans The ultimate in apartment loan for small balance loans is the Enterprise Funding Program. This program accesses the lowest rate product on the market for apartment loans with rates that dip below 4%, and go as low as 2.875%...