Monday, June 5, 2017

Multifamily Mortgage Lending And Commercial Real Estate Finance Has Evolved

Multifamily.loans has thousands of relationships across the United States with banks, life insurance companies, hedge funds, private equity groups, conduit lenders for CMBS loans, GSAs like Fannie and Freddie, and much more. Multifamily lending has evolved which means walking into a local bank for a commercial mortgage no longer makes sense. There are far too many lenders across the nation that have niche products and offerings; fighting to be the shop to make your loan. Some lenders may offer more aggressive interest rates, others may work on longer amortization schedules, and others may offer interest only terms or longer fixed rates. Perhaps you need more leverage? Maybe its a commercial mortgage lender that makes non-recourse loans. Perhaps you need a longer fixed term, or a shorter lock-out period. The point is that there are endless nuances to every lender's multifamily financing programs and it's your responsibility as a borrower (or as a representative of a borrower) to find the multifamily financing terms that fix exactly what you want and how you want it. It should fit like a glove (not the OJ glove). There's no way for a borrower to have the same level of access to capital markets, and the same relationships. It's simply not feasible unless you have built a department that specializes in it, that has evolved along with the market for the last ten years. Located in Miami, Florida, www.multifamily.loans is the premier, boutique, multifamily and apartment building financing advisory firm. Email us at hello@multifamily.loans or call us today at (800) 567-9631. Multifamily lending specialists are standing by.

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