Construction Loans Not Hard to Find for Multifamily Projects, Winston Rowe and Associates

There is a solution for apartment developers that need sources of capital to get the money they need to build new apartment projects from banks and other lenders.
By: Winston Rowe and Associates
 
JACKSONVILLE, Fla. - Sept. 8, 2020 - PRLog -- Many developers feel their only source of capital are the banks, which can be slow, rigid, and cumbersome to work with. Fortunately, multifamily developers don't have to work exclusively with banks to get the loans they need to continue the progress of their projects.

There are firms like Winston Rowe and Associates that work within capital markets to provide multifamily construction loans for their clients.

Their multifamily construction perm loan options offer remarkable rates, terms, and the speed you need to get to the closing table so you can start your project more quickly.

A construction perm loan for an apartment building provides great opportunities for multifamily developers.

Capital deployment highlights include the following.

MSA's nationwide
Ground up
Rehab
Re-purposing

Loan Amounts

$5,000,000 - $75,000,000.
Up to 75% LTV
Up to 85% LTC
Non-recourse
DSCR Min 1.0x; inclusive of interest reserve

Winston Rowe and Associates is a national consulting firm that specializes in assisting commercial real estate developers with financing. They can be contacted at 248-246-2243 or visit them online a https://www.winstonrowe.com

Contact
Winston Rowe & Associates
processing@winstonrowe.com
248-246-2243
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Source:Winston Rowe and Associates
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Tags:Real Estate
Industry:Real Estate
Location:Jacksonville - Florida - United States
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