NORWALK, Conn., Dec. 13, 2017 (GLOBE NEWSWIRE) — Washington Trust’s Commercial Real Estate Group recently provided $16.5 million to TR Washington, LLC, for the refinancing of a luxury multifamily.
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Do you need apartment building financing? If you are looking for funds to purchase or refinance your apartment building, then you have come to the right place. Keep reading below and make sure to review JVC’s new apartment building financing program. JVC’s current program has competitive commercial bridge loan rates and great terms.
If you have investors interested in financing for apartment buildings with five or more units, our asset-based mortgage programs can help you meet the needs of self-employed borrowers who often invest in multi-family buildings and write off their expenses against income.
Now may be the ideal time for borrowers to consider refinancing their multifamily. According to the U.S. Green Building.
Commercial Loan and Apartment Mortgage Refinance Commercial mortgage refinance is one of the main services offered by CLD. We offer a wide selection of financial products to assist you refinance your existing commercial real estate loans.
Loans to apartment properties that count as affordable housing or. borrowers need to cut the water and energy used at.
For 2019, the average commercial real estate loan interest rate ranges from approximately 4% to 5%. Find out more about what the average commercial real estate loan rates are for different types of loans and projects.
Apartment Building Loan. Apartment building lending and commercial property loans continues to be a major source of our commercial mortgage lending activities. A strong rental market and low vacancies allow us to be very aggressively priced on apartment building loans.
Short-term apartment building financing options are a less common type of apartment building loans. This is because investors typically purchase apartment buildings as long-term investments. However, an investor might want short-term financing to season, rehab, renovate or buy time to meet other requirements of a long-term loan.
Apartment Loan Refinancing Availability: Crefcoa provides apartment mortgage refinancing options nationwide; however, availability varies depending on market size, asset type, loan size and strength of sponsorship. Contact a Crefcoa multifamily loan refinance specialist at 1-844-359-6413 to learn more.