Loan Program
Multifamily & Apartments
From a 12-unit infill project to a 900-unit master-planned community, we place construction-to-perm, agency, bank, debt fund and life company financing for multifamily sponsors.
Typical Terms
| Construction | Up to 75–85% LTC |
| Permanent | Up to 75–80% LTV; agency, bank, CMBS, life co |
| Term | Construction 24–48 months; perm 5–35 years |
| Recourse | Non-recourse available for experienced sponsors |
| Rate | Fixed or floating; rate caps on floating |
Terms shown are typical ranges, not a commitment to lend. All financing is subject to lender underwriting and approval.
Who This Fits
- Developers with entitled multifamily sites
- Sponsors acquiring value-add apartment assets
- Owners refinancing into long-term fixed debt
What Lenders Look For
- Sponsor track record with similar unit counts
- Market study and absorption
- Proforma with stabilized NOI and debt yield
- Equity secured (typically 50%+ committed before term sheet)
- GC qualifications and GMP contract
Documents Checklist
- Offering memorandum / project overview
- Proforma and sources & uses
- Market study
- Construction budget and schedule
- Sponsor resume and PFS
- Site plan, entitlements and permits