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 Michael Gross | Jan 14, 2016 | Bridge Loan, Commercial Loans, Commercial Real Estate Loans, Multifamily
Bridge Loan and Permanent Financing – How does it work? Bridge loan to perm financing was a huge strategy back in the heyday of commercial lending and the fast paced economy in the early 2000’s, however the economic collapse saw this lending strategy fade...
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...