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Aggressive Terms Are Back for Multifamily Financing, Winston Rowe and Associates
With the ever-expanding federal eviction moratorium, multifamily has had its share of problems obtaining financing during the pandemic.
By: Winston Rowe and Associates
With rent moratoriums set to expire very soon many multifamily investors will need to refinance their existing debt through the private capital and non-bank market.
This is due to technical default of the existing commercial mortgage caused by low occupancy rate, under capitalization of the business and excessive eviction litigation.
Winston Rowe and Associates has extensive relationships with hedge funds, private capital and national banks that are offering aggressive terms to multifamily investors.
The best positioned multifamily investors will have a loan to value of 50% - 65%, located in a major metropolitan area and a property in good shape.
They have many years of experience working with multifamily investors across the country and have been in business since 1982.
You can visit Winston Rowe and Associates online at https://www.winstonrowe.com or call them at 248-246-2243.
Winston Rowe and Associates