Who has funding for multifamily properties?

[Amy Thornton]

This post is here for the many inquiries we get seeking multifamily funding. For those lenders and brokers on this website with funding for apartments, please respond and let me and everyone else here know what you have to offer!

Leaving LTV, credit score, and downpayment requirements would be great.

Thanks!

[Sullivan Smith]

Hi Amy,  my name is Sullivan Smith, CEO of Capline Commercial Funding, LLC. I noticed your post on Request of Funding for multifamily properties.  Listed below is my company information on funding requirements.

 

 COMMERCIAL FUNDING REQUIREMENTS

 

Minimum Amount $250K up to Maximum Amount $500M.

All commercial property types will be considered.

Alternative Energy, Oil and Gas, Mobile Home Parks, Light Industrial, Car Washes, Warehouses, Marinas, Refinance, Automotive Services, Office Buildings, Mixed-Use Buildings, Restaurants, Shopping Malls, Apartment Buildings, Auto Dealerships, Funeral Homes, Raw Land Lots, Self-Storage Units, Bed & Breakfast, Hotels/Motels, Retail, Gas Stations, Assisted Living, Retail Stores, Shopping Centers, Golf Courses, Condo-hotels, Medical Facilities, Condominiums, Construction and much more.                                                                   

Rates depend on the project and collateral type. Every commercial real estate transaction is unique in its own way, so we encourage you to contact us so one of our Processors may contact you with the necessary documents needed so your loan request may be considered and on the way to be funded.

 Ct:  Sullivan Smith, CEO

Capline Commercial Funding, LLC

       323-854-0368 (Cell)

[jim flynn]

We have a great program for you to look at for your projects.Must be over 25 units.

Interest Rates

Fixed for 5, 7 10, 15 or 30 years

Term

40 years maximum

Amortization

25 to 40 years

Debt Coverage Ratio

1.25 minimum

Loan-to-value

90% maximum

[Rene Beverly]

TAMCO Capital can provide funding your commercial deals between $75,000 to $350,000. 60% LTV Small apartments, Mixed Use, Retail, Office, Warehouse, Hotel/Motel, Recreation, Daycare, Hair Salon, Auto Body, Funeral Home, Church, Self Storage, Convenience and more. Close in 2-3 weeks. Credit scores from 475. No Seasoning or Penalty for Early Payoff.

Contact: [e-mail]

Larger deals from $2MM to $25MM considered case-by-case by our senior analysts.

TAMCO Capital can provide funding your commercial deals between $75,000 to $350,000. 60% LTV Small apartments, Mixed Use, Retail, Office, Warehouse, Hotel/Motel, Recreation, Daycare, Hair Salon, Auto Body, Funeral Home, Church, Self Storage, Convenience and more. Close in 2-3 weeks. Credit scores from 475. No Seasoning or Penalty for Early Payoff.

Contact: [e-mail]

Larger deals from $2MM to $25MM considered case-by-case by our senior analysts.

[J. Peter Hans]

If you need to close quickly on multifamily properties, Mercury Capital is the answer to your problem.

Mercury Capital has been a direct lender extending hard money/bridge loans since 1989. Our approach is asset driven, (although credit is also taken in to consideration). We lend primarily east of the Mississippi River and in Texas. Loans range from $500,000 to $5,000,000. LTVs to 65%. Loans are interest only. There is no prepayment penalty, but a minimum six months of interest is required.

We work at the "speed of opportunity" closing our loans in three weeks.

If you need conventional commercial mortgage programs, our sister company, Mercury Commercial Advisors, a commercial mortgage broker will find the best loan to meet your needs. We have extensive relationships with portfolio lenders as well as intermediaries. 

For more information on both programs or to submit a loan request please contact me as per below:

Peter Hans
Mercury Capital
100 Merrick Road 504E
Rockville Centre, NY 11570
(O) 212-661-8700
(M) 347-419-1142
[e-mail]

[Danny Feingersh]

Good morning, hope you're having a good day. My name is Danny Feingersh, I work for Velocity Commercial Capital, we're a whole sale lender specializing in stated income loans for investment and commercial properties, including NOO SFRs. 6.49% floor rate, 75% max LTV. 650 min fico. All we need is a tri merge credit report and a signed 1003. Incredible opportunity for lenders, brokers, real estate agents, CPAs or investors. This is just another product for your arsenal, enabling you to essentially fund more loans yourself and serve as another source of finance. I look forward to hearing from you! 

[e-mail]

[Kevin Palmer]

Amy:

We have a few private lenders who would be very interested in multifamily projects.

Typical Hard Money:

Term  6 months

Amortization-Interest only

Tier 1 11% 3pts

Tier 2 11% 5pts

Tier 3 15% 6pts

Closing Fee: $995-$1995( depending on structure of deal)

LTV 65-70%(Purchase) 50%(Refi)

No prepay penalty

5yr Full Am

Flip or Rent

Term 60 months

Amortization 5 yrs

Rate Pts 18% 3pts

Closing Fee $1000

LTV 65% purchase 50% Refi

Prepayment penalty None

I also have a 3 other sources who also offer funding as well in the commercial space. So I welcome an opportunity to further discuss and see if we can provide a meaningful solution.

[Mckenley Washington]

GET CONNECTED DIRECTLY WITH OVER 4,000 COMMERCIAL LENDERS TODAY!!

TAKE CONTROL OF YOUR FUNDING PROCESS TODAY!!

SUBMIT YOUR LOAN REQUESTS DIRECT AT THE NEW MACG REAL ESTATE GROUP FUNDING PORTAL

Providing Investors/businesses, both seasoned and startups, with access to commercial real estate financing, working capital and over 20 other types of business loans needed to cultivate growth and ensure success for years to come!

START YOUR FUNDING PROCESS TODAY!!

GO TO: http://www.connectlending.com/portal/15548/home

As a business owner/Real Estate Investor borrower you want to find a lender that understands your business, supports it, and is willing to offer you a fair loan. MACG REAL ESTATE GROUP Funding Portal system sifts through hundreds of lenders and handpicks the best lenders for your unique situation. Our intelligent software design saves you days, weeks, or even months of searching for a business loan. Our systems only match you with the lenders that have "pre-approved" your situation and have a high likelihood of closing your loan.

Finally, Real Estate Investors can get the financing they need!

GO TO: http://www.connectlending.com/portal/15548/home

[Jonthan Casillas]

Overview of Our Financing Solutions

We provide a vast number of business financing solutions that have been developed to support the specific needs of our clients. Please review the list of lending solutions that we offer and contact us to learn more about how one of these products can enrich your business.

Accounts Receivable Financing

Acquisition Financing

 Annuity Financing

Bridge Loans

Commercial Real Estate Financing

 Consumer Financing

 Contract Financing

 Equipment Financing

Franchise Financing

Healthcare Financing

Merchant Cash Advance

Private Equity Financing

Purchase Order Financing 

SBA Loans 

Stated Income Loans

Unsecured Business Lines Of Credit 

[T. J. Morrow]

Great Eastern Investments, LLC has finalized the funding of $1.65 million to refinance the Woodlander Apartments in Jefferson City, Missouri. The funding was with a private investment firm’s portfolio transaction at 4.91% fixed, 10 year term and 25 year amortization at par. For information about financing please contact: T. J. Morrow at [e-mail] Phone [phone].

[Rene Beverly]

TAMCO Capital can provide funding your commercial deals between $75,000 to $350,000. Small apartments, Mixed Use, Retail, Office, Warehouse, Hotel/Motel, Recreation, Daycare, Hair Salon, Auto Body, Funeral Home, Church, Self Storage, Convenience and more. Close in 2-3 weeks. 60 % LTV Credit scores from 475. No Seasoning or Penalty for Early Payoff.

Contact: [e-mail]

Larger deals from $2MM to $25MM considered case-by-case by our senior analysts.

TAMCO Capital can provide funding your commercial deals between $75,000 to $350,000. Small apartments, Mixed Use, Retail, Office, Warehouse, Hotel/Motel, Recreation, Daycare, Hair Salon, Auto Body, Funeral Home, Church, Self Storage, Convenience and more. Close in 2-3 weeks. 60 % LTV Credit scores from 475. No Seasoning or Penalty for Early Payoff.

Contact: [e-mail]

Larger deals from $2MM to $25MM considered case-by-case by our senior analysts.

[Mckenley Washington]

GET CONNECTED DIRECTLY WITH OVER 4,000 COMMERCIAL LENDERS TODAY!!

• Posted by Mckenley Washington on May 7, 2015 at 1:32pm
• View Blog

TAKE CONTROL OF YOUR FUNDING PROCESS TODAY!!

SUBMIT YOUR LOAN REQUESTS DIRECT AT THE NEW MACG REAL ESTATE GROUP FUNDING PORTAL

Providing Investors/businesses, both seasoned and startups, with access to commercial real estate financing, working capital and over 20 other types of business loans needed to cultivate growth and ensure success for years to come!

START YOUR FUNDING PROCESS TODAY!!

GO TO: http://www.connectlending.com/portal/15548/home

As a business owner/Real Estate Investor borrower you want to find a lender that understands your business, supports it, and is willing to offer you a fair loan. MACG REAL ESTATE GROUP Funding Portal system sifts through hundreds of lenders and handpicks the best lenders for your unique situation. Our intelligent software design saves you days, weeks, or even months of searching for a business loan. Our systems only match you with the lenders that have "pre-approved" your situation and have a high likelihood of closing your loan.

Finally, Real Estate Investors can get the financing they need!

START YOUR FUNDING PROCESS TODAY!!

GO TO: http://www.connectlending.com/portal/15548/home

[Carlos Clark]

Structured Products & Equity

 

Investment Profile:	Targeted for sponsors with transactions that require higher   leverage, more complex structuring, creativity, or have a business plan that   is not appropriate for traditional capital sources.
Transaction focus:	Focus is on value added, distressed, opportunistic situations,   and special situations (No new construction.)
Asset Class:	Ÿ  Multifamily Ÿ  Retail Ÿ  Office Ÿ  Industrial	Ÿ  Land Ÿ  Condominiums Ÿ  Non-performing loans Ÿ    Other special   situations
Structures:	Senior debt, preferred equity, mezzanine debt, and joint venture   equity.
Target returns:	Adjusted based on transaction risk and project leverage.
Investment Horizon:	6-36 months
Commitment Size:	$3 - $25 million

If you have any situations where funding is needed contact me at [e-mail]

Thanks for your time

Carlos Clark

CDC Capital Partners

Managing Member

[e-mail]

https://www.linkedin.com/pub/carlos-clark/6/407/5a3