Multifamily
Flexible short-term, long-term, and construction financing options for multifamily real estate investors.
Multifamily Financing
Financing consideration for qualifying apartment properties, residential portfolios and selected mixed-use assets—from acquisition and renovation through stabilization and long-term ownership.
Financing Structured Around the Property’s Current Stage
Multifamily financing is not a single loan product. The appropriate structure depends on whether the property is stabilized, undergoing renovation, experiencing operational challenges or being constructed from the ground up.
Review typically includes the asset’s current income, operating expenses, occupancy, condition, location, proposed improvements and the borrower’s experience and financial capacity.
Property Acquisition
Purchase a qualifying apartment property using financing appropriate for its current income and condition.
Value-Add Renovation
Acquire or refinance an asset that requires renovation, repositioning or operational improvement.
Stabilized Refinance
Replace existing debt with longer-term financing based on eligible income, value and debt-service coverage.
New Construction
Finance qualifying multifamily development from eligible land acquisition through construction completion.
Match the Loan Structure to the Business Plan
The property’s income, condition and intended strategy determine which financing path may be appropriate.
Bridge and Value-Add
Shorter-term financing for acquisitions, renovations, lease-up, repositioning or properties that do not yet qualify for stabilized permanent financing.
Stabilized Term Financing
Longer-term financing for qualifying properties with supportable occupancy, operating history, net operating income and debt-service coverage.
Multifamily Construction
Construction financing for qualifying apartment developments supported by plans, permits, budget, experience, market demand and a credible completion strategy.
Acquisition Financing
Financing for the purchase of eligible multifamily properties based on the acquisition price, current performance, condition and proposed ownership plan.
Rate-and-Term Refinance
Refinance existing eligible debt to adjust the loan structure, maturity, payment profile or financing strategy