Apartment Loans

March 19th, 2010

Apartment Loan Programs

Apartment Loan programs from our national Commercial Lending Group encompass all aspects of multifamily apartment financing.  Whether you are refinancing a stabilized apartment building or acquiring & developing a new apartment complex, our aggressive apartment loans have helped investors across the country achieve their apartment financing goals with larger apartment loans, lower DCRs and faster closings. Because we structure financing utilizing a broad spectrum of traditional and non-traditional capital sources, we aren’t tied down by whatever the flavor of the moment is on Wall Street, and can get deals financed which the CMBS world can't or won't do, especially in the current structured finance market. 

HOT!: Ask about how our innovative non recourse construction to permanent apartment loans to $250MM+ can add millions in profit to your next apartment complex development.

 

Some of our Specialty Apartment Loan Programs Feature:

Stated Income Apartment Loan Programs Available

Multiple Prepayment Apartment Loan Options Available:

NON RECOURSE Apartment Construction Loans

  • Unique Apartment Building Construction to Permanent Financing
  • Competitive, Long Term Permanent Rates even during Construction
  • Flexible Draw Schedules & Construction Extensions
  • Limited Documentation
  • Apartment Complex Construction Loans
  • Apartment Acquisition & Development Loans
  • $2 million minimum for apartment construction loans
  • Get a Quote : (800) 290-4770 ext. 2

Small Balance Apartment Loan Programs

  • Up to 97%  LTV (3% Down Payment) to $1.5MM
  • $500K to $2 Million apartment loan amounts
  • No Defeasance or Yield Maintenance Options
  • No DSCR / Low DCR apartment loan programs
  • Interest Only apartment loan debt service option
  • Option for Assumable Apartment Loan at Discretion
  • Section 8 – Rent Subsidized OK (HUD OK)
  • 30 Year to 40 Year Amortization
  • Flexible Long Term (15 Year) Fixed Rates or Floating Rates
  • Reduced Recourse & Non Recourse Personal Guarantee Options
  • Flexible Seller Carry Back Structuring
  • Find Out More : (800) 290-4770 ext. 2

Large Balance Apartment Loan Programs

  • $5 million+ apartment loan programs
  • Maximize Leverage to 80% LTV or more
  • Broad access to capital for creative apartment financing
  • Cash Execution Capabilities or MBS / DMBS
  • Non Recourse options for apartment loans larger than $1.5MM
  • Flexible Defeasance, Yield Maintenance & Decreasing Term Prepay options
  • Single or Multiple Asset properties OK
  • All $2MM+ apartment loans priced to risk at great rates
  • Enquire Online or Call : (800) 290-4770 ext. 2

We look at all popular Property Types, specializing in:

We Originate all major Apartment Loan Types:

Apartment Loan Capital Source Diversity

In today's challenging apartment loan financing environment, there is a growing need for financiers to look beyond the securitized / commercial mortgage backed securities financing which has been available from Wall Street conduits over the past few years.  Even as the liquidity in he CMBS market dries up, our volume with a broad array of capital sources allows for large, innovative, competitive financing comparable to classic "conduit" products from:

$1MM to $250MM+ Financing | Call (800)290-4770 ext.2


FEATURED PROGRAM:  Qualify Using Market Rents
Unique Apartment Loans & Multifamily Permanent Financing allows Debt Coverage using Market Rents as NOI.   5+ Unit Properties OK

FEATURED PROGRAM: Small Balance Apartment Loans
Purchase or Refinance Apartment Buildings & 5+ unit Multi family homes from $500K to $1.5MM. Up to 97% LTV   Stated Income Available OK

FEATURED PROGRAM: One Time Close Construction Loans
Safe, flexible, single close Construction to Permanent Financing or Acquisition & Development Loans   Up to 90%+ Loan to Cost OK

FEATURED PROGRAM: Office Park Financing
Permanent Financing for Office Parks. Purchase / Office Acquisition Loans + Competitive Refinance Terms   Office Building Investment OK

FEATURED PROGRAM: Mezzanine Loan Financing
More than ever, credit worthy sponsors are turning to the Mezz markets to raise money. Find Out How!   All Commercial Properties OK

 
AMOUNT DESIRED   PURPOSE OF LOAN
 
- -
YOUR LAST NAME   PHONE NUMBER
 

Commercial Lending Group, a leader in commercial loans, maintains a substantial apartment loan practice. The apartment loan business encompasses everything from plain vanilla apartment loans and apartment refinance, to more exotic apartment financing for apartment building product from 5 unit to 500+ units. Included within this spectrum is a wide range of Multi Family Loan programs ( Duplex Financing / 2 Family Loans, Triplex Financing / 3 Family Loans, 4 Unit Financing / 4 Family Loans, and true multifamily financing > 5 Family Loans ) for apartment investors & multifamily investors. Apartment financing is available with as little as 3% down (97% LTV apartment financing) with no DSCR apartment financing & low DSCR multi-family financing options available. Ask about our innovative apartment construction loan financing programs, which offer long term rates and low points to convert to permanent apartment financing. This construction to mini perm program features no yield maintenance and the fastest close in the business.

Our claim to fame is our innovative construction loan business, featuring non recourse construction to permanent financing (long term financing) along with construction to mini perm financing (medium term note). Commercial Construction loans are available from $1 million up to $250MM or more, and many property types are eligble. This includes apartment building construction financing, office building construction loans, office park development loans, flagged hotel construction loans & flagged motel construction loans, flagged hotel & resort development loans, greenfield hotel acquisition & development loans, and mixed use hotel / retail construction financing. Our Acquisition & Development loans take include the cost of land, entitlements, and other soft costs you may have expended whebn calculating loan to cost, allowing many land owners to contribute land in lieu of substantial downpayments and maximize their after improvement value. Our construction loan products also accommodate seller carry backs, acquisition & renovation loans, and commercial rehab loans.

Commercial Refinance & Commercial Cash Out Refinance business is our highest volume commercial loan category. Whether you need to Refinance balloon payments or need cash out of your commercial property ahead of schedule, we have numerous solutions which have proven popular with sponsors nationwide. We endeavour to deliver the fastest closing commercial refinance loans in the industry, through a combination of stable investor relationships, streamlined documentation, and clear refinance guidelines. Refinancing with unlimited cash out on income producing commercial property refinance, even refinancing with cash out on free and clear properties, is a snap.

Contributing Websites:
Apartment Loans | Loan Officer | Commercial Loans

 

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we are a leading financier and

facilitator of real estate capital

specializing

in Apartment Loans

simple. fast. flexible.

aggressive

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describe your current lender

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to get great deals done.

direct

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commercial real estate investors

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commercial lending on income

producing property to $250MM+

big

commercial lending on income

producing property to $250MM+

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commercial lending on income

producing property from $1MM

solutions

build it. buy it. bridge it. mezz it.

refinance. cash out. get equity.

solutions

build it. buy it. bridge it. mezz it.

refinance. cash out. get equity.

give us a call. find out how.

Desired Loan Amount

Purpose of Loan

Your Last Name

Telephone Number

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volume

Over $4 Billion in Total Loan Volume
Originated over the past 24 months

excellence

It's no secret. Speed, Service, Structuring & Size are the cornerstones of our commercial real estate practice, not to mention the best reasons to give us a call.

banks just can't compete

Larger Loan Limits. Higher LTVs. Lower DCRs.
More Cash Out. Faster Funding. Easier Documentation.
Option to Use Market Rents. Non-recourse options.

we love big thinkers

Just like you, we're business people, not bankers. Serious capital seeks seasoned sponsorship groups to develop lasting relationships.

take it to market

Create competition & efficiency by matching your goals with the best sources of funding from amongst Life insurers, Conduits, commercial lenders & hedge funds

flexible terms

Fixed Rate or Floating Rate. Terms to 30 Years+
No Prepayment & No Defeasance options available. Interest Only options. Non-recourse available.

eligible properties

Apartment, Multifamily, Office Buildings, Retail, NNN, Credit-Tenant, Mixed Use, Self Storage, Warehouse, Industrial, Flagged Hospitality.

loan limits

Unlike your bank, our capital sources span the globe. So $250MM is as accessible as $5MM. Our average transaction is $10MM+

small balance

No Balloons, No Upfront Fees, No Committee, No Yield Maintenance. Just rapid Pre-Approvals, flexible terms & quick closings. From below $1MM to $3MM

construction loan programs

Unique, market leading non-recourse construction- to-mini-perm & construction to permanent long term financing. Aggressively priced. 80%-90% LTC

purchase commercial real estate

Protect that earnest money! Accurate, Quick, High LTV, Low DCR financing. Rehab & Market Rent as NOI programs. Non recourse available.

refinance / cash out

Streamlined documentation & a rapid, painless process. Aggressive cash out allowances & flexible terms. Broadest range of terms for more cash flow or flexibility

bridge loan programs

Exceptional sponsors receive exceptional terms for short term financing to acquire, develop, improve, or raise quick cash from income producing properties.

mezzanine loan programs

Developer friendly, non-CMBS from $2MM+
cash out, value added purchase, and construction loans available as junior or senior debt. Quick close.

agricultural loan programs

A special division of our lending practice focuses exclusively on agricultural properties, from USDA loan programs to private sources of capital. $1MM+

creative financing

The art of the deal may be lost on your current lender, but complex transaction structuring is our bread & butter, from cross collateral to carry back to mezzanine.

large project finance

We always seek seasoned developers & investors in need of debt or private equity financing from $100MM+ to build or buy income producing commercial projects.

managed relationships

Investors or owner occupants with a variety of real estate assets can take advantage of comprehensive portfolio financing strategies.