Multi-Family/Apartment Buildings

Whether the loan you are seeking is for aquisition or refinancing, wherever your real estate is located in the United States, Caffrey & Company can determine the best lender and loan to meet your needs.  We will tailor loan terms to meet your specific needs and preferences, with the lowest possible closing costs.  For multi-family financing, we have loan amounts beginning at $500,000.  We work with a variety of lenders capable of delivering the types of long-term, fixed-rate mortgages that are not available from local banks.

Recent Apartments Transactions

Heatherwood Apartments

Heatherwood Apartments
Overland Park, Kansas
$2,560,000

 
Apartment Complex

Apartment Complex
Kansas City, Missouri
$1,400,000

 
Apartment Complex

Apartment Complex

$1,600,000

 
Apartment Complex

Apartment Complex

$970,000

 
Multi-Family Housing

Multi-Family Housing

$10,700,000

 
Condo Conversion

Condo Conversion

$1,500,000

 
Westwood Apartments

Westwood Apartments
Albany, Georgia
$5,700,000

 
Willowwind Apartments

Willowwind Apartments
Kansas City, Missouri
$3,360,000

 

Sample Transactions

Parkville Commons

Parkville Commons
Parkville, Missouri
$14,200,000

 

Current Rates (03/10/2010)

  • Apartments 5.95%
  • Mobile Home Park 6.09%
  • Anchored Retail 6.89%
  • Non-Anchored Center 6.99%
  • Single Tenant Retail 6.94%
  • Office 6.99%
  • Industrial / Flex 6.99%
  • Self-Storage 7.24%
  • Medical Office 6.24%
  • Hotel 8.64%
  • Owner Occupied 6.66%
  • Land 9.74%
  • Other 7.49%

Rates are based on a $2 million loan, 25 year amortization, 10 year fixed rate term. For apartment complexes, a 30 year amortization is available.

 

Current News

A Nation On Bubble Watch?!??

Is the zero Fed funds interest rate giving rise to the next bubble? Isn’t the price of gold suggesting another bubble? Is China already in a bubble?

So Far … the Current Real GDP Recovery is Stong???-

Most seem to anticipate a subpar recovery similar to the last two during the early 1990s and after the dot-com meltdown in the early 2000s.