As apartment operators clamor to secure financing for their various multifamily endeavors, they often have to be flexible when searching for a lender.
That’s because the ideal financial providers for multifamily properties can rotate among the primary lenders, sometimes on a frequent basis, as they have in 2019. Given the fluctuation, companies are wise not to compartmentalize themselves to a certain type of lender for their various ventures. If 2019 has taught us anything with regard to debt financing, it’s that a flexible, case-by-case approach works best.
Here is one apartment operator’s view of the current multifamily financing conditions and the characteristics we’ve observed among the primary lenders.