Stirling Capital Group offers a full range of multifamily finance options on income-producing properties. Lending activities are focused on properties located in the continental United States. Major Canadian cities as well as Puerto Rico will be considered.
Program Highlights:
- Acquisition or Refinance
- Property types: Multifamily, Senior Living, Student Housing, Mobile Home Parks, (MHP)
- Loan amounts $3MM and Up
- Fixed-rate periods from 2-30 years
- Amortization periods up to 30 years
- Flexible pre-payment structures available
- No population restrictions
- No origination fees
- Non-recourse
- Non-agency or Agency Executions (Fannie Mae, Freddie Mac)
Qualifying Parameters
- Senior debt to 80% LTV
- Subordinate mezz debt to 85% LTV (Cash-outs excluded)
- Cash-out to 75% LTV
- Minimum DSCR of 1.25x
- Strong sponsorship and liquidity required
- Occupancy of 80% or greater
- Asset driven
Contact us today for a free no-obligation loan proposal to finance the purchase of your multifamily property or to simply refinance it.