Referred by an existing client, Sweetwater Capital set out to place permanent financing for this 160 unit multifamily property in late 2019. Looking to achieve $12.2MM loan amount, we had a few hurdles to jump through to close the deal. First, we needed to raise the occupancy and revenue. We introduced the borrower to a…
$43MM Refinance at 4.015% Interest Rate for South Carolina Multifamily Asset
Refinance provides large cash-out to borrower for new development
$13.5 million dollars. 4.33% interest rate. 3 years interest only.
2019 begins with the placement of a $20.5M construction loan for a new multifamily property in Burlington, NC
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Sourcing debt can be overwhelming & stressful. Watch this video to learn how a commercial mortgage broker can give you the advantage in finding the best financing in the market.
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We are continuing to grow with the addition of a new regional office and VP of Sales Production. Welcome to the team Stephen!
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Read through Jackson Howard’s responses to what 2018 holds for commercial real estate investors and lending strategies with the new year. 1. What is the biggest challenge you anticipate in 2018 as a direct lender or financial intermediary in commercial real estate? Where do you see the biggest opportunity for your company in 2018? Toward…
There is a process to use the same initial investment to build apartment communities over and over again, utilizing a refinancing strategy used by Serial Multifamily Developers. My team works closely with developers of apartment communities to obtain construction loans with banks and permanent loans through Fannie Mae and CMBS “Conduit Lenders”. Our expertise is…