MULTI-FAMILY
REAL ESTATE FINANCING
MULTIFAMILY BRIDGE LOANS | DIRECT PRIVATE LENDERS FOR APARTMENT REHAB LOANS
About Us
SMALL APARTMENT LOANS | 5+UNIT MULTI FAMILY FINANCING | LONG-TERM PERMANENT FINANCE BRIDGE LOANS AQUIRE | RENOVATE | REFINANCE
Capital City Commercial Lending's Multifamily Finance division specializes in speed, simplicity, and above everything else, transparency.
We understand the needs of investors throughout the investment lifecycle, from acquisition to renovation to stabilization.
Our program consists of No Hassle No Income Verified Loans with flexible options for down payment for multifamily apartments.
Our team of experienced professionals offers specialized services for our clients seeking to acquire, refinance, and restructure multi-family debt.
Contact us today to learn more!
multi family LOANs
new construction
Multifamily -New Construction
Land acquisition/Construction or rebuild of existing property. Loan Amount: $100K to $3.5M Min Credit Score 660 Rate: 9%-15% LTV After Rehab: 65%-75% Term 12 Months
Multi Family-Cash Out
Cash Out Refinance for an Existing Property 680 Minimum FICO Refinance to 75% LTV Loan amount to $100K-3.5M Rates: 9%-15% Term: 12 Months
MultiFamily- 50+Units
Purchase or Refinance Min Loan Amount: $3 million with no upper limit 50 unit minimum 80% maximum LTV allowance Low Rates/Non-recourse/Assumable
No Hassle Loans
Best Cities to Invest
Dallas
The Dallas metro area is seeing one of the biggest increases in multifamily construction, with starts up 72% as of Q2 2022 totaling more than $8 Billion of construction. This metro area has also rapidly grown its population, leading the nation in consistent population growth between 2020 and 2021 with a total population increase of more than 1.5% each year for the last three years. With large Fortune 500 companies across tech, healthcare, and aerospace fields bringing high quality jobs to the city, the Dallas metro real estate market is experiencing a continuous uptick that exceeds other hot markets in the country.
Miami
Similar to Texas, the state of Florida benefited in a major way from the population migration of the last few years, with the Miami metro area being one of the biggest winners as the state experienced growth of 1.6% between 2020 and 2021. Multifamily starts in Miami are up 31%, totaling $4.5 Billion in construction which highlights the current demand for rental units in the city. 42% of all multifamily transactions in South Florida during Q1 2022 occurred in the Miami-Dade County area, highlighting the strength of the local real estate market and the consistent demand supporting these types of properties. Right now, real estate investors that have the knowledge and experience to renovate or build commercial multifamily in Florida should consider Miami as one of their top prospects.
Atlanta
The Atlanta metro area is seeing a 68% increase in multifamily construction starts, totaling $4.2 Billion for the area. As with the other city suggestions, large population growth mixed with well-paying jobs helps to make Atlanta one of the best cities to invest in multifamily real estate. Similar to the other areas listed here, Georgia as a state experienced nearly 1% population growth between 2020 and 2021, bringing in nearly 100,000 new residents with a large percentage migrating towards the Atlanta metro area. With rising rent and high occupancy rates, Atlanta multifamily continues to be a white hot investment trend, supported by the largest multifamily property sale in the city’s history occurring in Q1 2022 for nearly $127 Million.
Colorado
Colorado as a whole has seen large population gains over the last decade, with the Denver metro area receiving the lion’s share of these new residents. The Denver metro area has seen a 1.34% population increase between 2020 and 2021, which accounts for approximately 40,000 people. With the demand for living spaces constantly growing, Denver multifamily starts are up 29% year over year, totaling $2.8 Billion which is on pace to expand current inventory by almost 9% by end of year. As of Q2 2022 the area boasts an multifamily occupancy rate of over 95%, and with an unemployment rate hovering around 3%, the strong local economy is going to continue supporting the need for these multifamily projects for years to come.
Nashville
Tennessee has been under the radar with its growing real estate markets, Multifamily starts in the Nashville metro area are totaling $1.9 Billion and are looking to rise consistently over the next few years. The Nashville metro area is seeing population growth of 1.26% annually and is on pace for being one of the fastest growing metro areas in the entire country. Currently, the metro area boasts a 96% occupancy rate among its stabilized properties and the city’s job growth is outpacing the national average with new job growth of more than 6% each month. With more than 20,000 multifamily units in development as of Q2 2022 and demand still outpacing supply, real estate investors should consider Nashville for their next commercial multifamily project.
Events
MultiFamily Financing Secrets Revealed
Are you looking to build or renovate multifamily properties but getting the financing is stressing you out! No More Worrying! In this FREE Virtual Class, you will discover the Top 3 ways to Finance an Existing Project or Start a New Construction Multiunit Project with Little to No Income documentation. If you are interested in investing in Multifamily properties, don't hesitate to register for this event.
- Date: 1/31/2023 07:30 PM - 1/31/2023 08:30 PM
- Location Online Event
Read More
