Unlock Preferential Pricing and Higher Loan Proceeds
In addition to providing the tools and capital needed to perform energy- and water-saving retrofits, green loans from Fannie Mae and Freddie Mac come with lower rates. Talk about a win-win.
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DEL MAR, Calif. —Eric Flyckt, managing director of NorthMarq Capital’s San Diego office arranged the $7 million refinance of an 86-unit apartment community.
PHOENIX — Campbell Apartments and Fountain Springs Apartments have sold in two separate transactions.
Low rates on commercial loans are just one factor drawing investors to multifamily.
Just because you closed your deal doesn’t mean you can shrug off your multifamily lender. Here’s a few tips to avoid undue stress after closing on that apartment investment property.
SANTA ANA, Calif. — The $5.275 million refinance of Emerald Terrace Apartments, a 50-unit multifamily property located at 919 and 1001 South Lyon St. has been finalized.
Is your apartment occupancy not ideal? You might be able to fill some vacant units if you have the top needs of today’s renter checked off.
SANTA CLARITA, Calif. — Capital One provided a $3.27 million Fannie Mae adjustable-rate loan for the acquisition of Sierra Mobile Home Park, a seniors-only manufactured housing community northeast of Los Angeles.
Arbor’s green financing solutions unlock the best loan terms and reduce operating costs.
In addition to providing the tools and capital needed to perform energy- and water-saving retrofits, green loans from Fannie Mae and Freddie Mac come with lower rates. Talk about a win-win.
You are pursuing value-add repositionings
You can reduce water or energy use by at least 25%
Your property has an existing green building certification
Your property has existing C-PACE financing
Non-recourse is standard
Energy audits reimbursed (full amount for closed Fannie Mae loans, up to $3,500 for closed Freddie Mac loans)
Minimum DSCRs as low as 1.20x
LTVs as high as 80%