Looking for a loan to develop, purchase, reposition, or refinance a Multi-Family or apartment property?
Uptown Funding tailors programs to fit the property and the investor’s needs. We assist clients with arranging joint ventures and private equity for new developments and acquisitions, and provide a variety of financing such as FHA, CMBS, Fannie Mae, Freddie Mac, Portfolio and Private Funding.
Uptown Funding’s Multi-Family / Apartment loans feature the following loan parameters:
Minimum loan size of $1,000,000 – $5,000,000 considered small balance, over $5M loans are considered standard Uptown Funding loans.
- Loan-To-Value up to 80%
- Fixed rates for as long as 30 years
- Amortization options including Interest Only for a few years
- Flexible pre-payment options possible
- Assumable loans
- Supplemental Loans (2nd Liens) on FNMA 1st Liens
- Low loan closing costs
- Recourse and Non-Recourse options available
- Private Equity and/or Joint Venture Funds possible