Apartment buildings, financed on what they earn.

Multifamily Loans, step by step.

1. Stabilized or value-add? A building that is full and earning goes to long-term lenders. A building that needs work, has vacancy or is under market rent goes to bridge lenders first.
2. The income qualifies the loan. Lenders read the trailing 12 months of income and expenses and the current rent roll, then size the loan so the net income covers the payment with room to spare.
3. Bridge to fix, long-term to hold. Value-add loans commonly run 12 to 36 months, interest only, and can fund renovation. Once the building is stabilized, you refinance into a long-term loan.
4. Your track record helps. Experience owning or managing rentals improves terms. A first multifamily purchase is possible, often with an experienced property manager in place.
5. We shop the whole market. Banks, private lenders, debt funds and agency-style programs all lend on apartments. We take your file to the ones that fit it.

These are typical market terms, not a quote. Every file is priced on its own facts and each lender’s current guidelines, and we confirm the exact numbers in writing before you commit.

Built for these borrowers.

• Investors buying their first apartment building
• Value-add buyers repositioning an older property
• Owners refinancing a stabilized building
• Small landlords moving up from 1 to 4 unit rentals
• Sponsors buying with partners

Documents to gather.

• Purchase contract, or current mortgage statement for a refinance
• Trailing 12 months of income and expenses
• Current rent roll
• Renovation budget and scope, for value-add
• Schedule of real estate owned
• Personal financial statement for each sponsor
• Entity documents and EIN letter
• Property management agreement or plan