Multifamily Finance and Small Balance Loans

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 like cash deposit accounts, payment card servicing, credit cards … but to do what you’re asking … the regulations ….” He said his personal banker rattled off a plethora of reasons why he couldn’t help.

The reason for this ...

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Apartment Loans – Small Balance Loans

Apartment Loans – Small Balance Loans

Apartment loans with loan balances the size of those categorized as Small Balance Loans have been traditionally hard to come by in the ‘new’ economy, especially those with loan amounts from $1 million to $5 million and having interest rates below 5%.  However, today commercial real estate investors who specialize in investing in apartment buildings and smaller apartment complexes now have an outlet that allows them to obtain apartment loans that can be below 3% ...

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