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Multifamily loans fund the purchase of multifamily properties, including apartment buildings, mixed-use properties, student housing developments, and independent living communities.
A bridge-to-HUD loan allows borrowers to purchase a multifamily property quickly and later transition into long-term HUD-insured financing.
Pacific Life provided the fixed-rate loan for Miro, San Jose’s tallest building.
FirstBank of Tennessee provided the buyer with $36.5 million in acquisition financing for the 216-unit property.
Capital Markets Insight: Janover Ventures' Camilo Padron Discusses Latest Fannie Mae Small Loan Deal
Last week, Janover Ventures' Camilo Padron closed a $910,000 Fannie Mae Small Loan for Sixth Avenue West, an apartment property in Hendersonville, North Carolina.