Monthly Multifamily Financing Update
Welcome to January's edition of the MONTICELLOAM, LLC Multifamily Financing Update! In this edition, we spotlight our most recent financing of a $23.6M bridge loan in Plano, TX, highlight upcoming industry events our team will attend, cover the latest multifamily news, and detail our 2025 standard loan terms.?
Latest Bridge Financing: $23.6M for Plano, TX Multifamily Property???
Reap Capital secured a $23.6M bridge loan from MonticelloAM to acquire and renovate The Calvin, a 167-unit, multifamily community in Plano, Texas.?
“We could not be happier to establish a relationship with an active, professional sponsor in the market. With several moving pieces, MonticelloAM was able to structure a debt solution that worked for the ownership and the property,” said Chris Hetzel , MonticelloAM Managing Director.?
Read more about the transaction here.
Multifamily News and Insights?
Optimism on the Horizon for Multifamily | CBRE?A widening gap between buying and renting a home, lower vacancy rates, and positive rent growth are contributing to a positive outlook for multifamily investors heading into 2025. Discover CBRE's forecasts for the industry this year. Learn More?
2025 Multifamily Originations Projected for $380B | Freddie Mac?Freddie Mac forecasts multifamily volume to reach $380B in 2025, a $10B increase from last year. Looming maturities, stabilizing cap rates, and high interest rates will have a large impact on the sector's M&A market.? Learn More?
HUD Loosens Underwriting Standards for Affordable Housing | GlobeSt.?In a move intended to support lenders and developers to provide affordable rental housing, HUD announced an easing of their underwriting guidelines. The changes focus on a lower DSCR and higher LTV/LTC for properties with low-income housing tax credit, encouraging development of housing for those of modest means. Learn More?
Kickoff 2025 with MonticelloAM?
MonticelloAM's competitive bridge platform gives borrowers the flexibility essential to navigate dynamic market conditions in the multifamily sector.?
Learn more about our financing expertise and capital solutions to help you execute your goals through 2025.
Upcoming Event: MBA CREF
MBA CREF | February 9 - 12 | San Diego, CA
The MonticelloAM Multifamily Bridge Lending team will be well represented in San Diego for MBA CREF.
Reach out to Eric Baum , Darryl Myrose , Jonathan Cohen , or Nico Ortiz to set up a meeting.
Connect with our Multifamily Team
Senior Managing Director
领英推荐
646.494.8802
Senior Managing Director
646.314.4317
Managing Director
646.481.3984
Director
813.278.1135
TJ Dromerhauser
Senior Associate
646.314.4334
Senior Associate
917.748.0396