Financing Solutions for Multifamily Properties in Cleveland, OH
From Brookside and Buckeye-Shaker to Downtown, Beachwood, and all points in between, commercial real estate investors are finding opportunities for multifamily properties in Cleveland, OH. At Eagle Bend Capital Financing, we provide a wide range of funding solutions for multifamily properties of every size, including construction for new multifamily residences in Cleveland, OH.
SBA Loans for Multifamily Properties in Cleveland, OH
Eagle Bend Capital Financing provides both SBA 7a and 504 loans for duplexes, owner-occupied rentals, and a variety of other multifamily properties in the Cleveland area. Our SBA loan programs feature:
- Financing up to $5 million
- Up to 90% LTV
- Low interest rates
- Full amortizations
CMBS Loans
We provide commercial mortgage backed securities (CMBS) loans for multifamily properties in Cleveland, OH. CMBS loans from Eagle Bend Capital Financing feature higher lending limits and better LTV ratios than traditional loans. For local investors and developers working with multifamily properties of B-quality or higher, our CMBS loans offer:
- Financing up to $2 million and beyond
- Up to 80% LTV
- Amortizations up to 30 years
- Fixed rate options
- Non-recourse options available
Conventional Loans for Multifamily Properties in Cleveland, OH
Conventional loans from Eagle Bend Capital Financing provide the funding necessary to purchase, renovate, or expand multifamily properties in the Cleveland area. Our conventional loans include:
- Financing up to $100 million
- Up to 75% LTV
- Terms up to 10 years
- Amortizations up to 30 years
Bridge and Hard Money Loans
Our bridge and hard money loans provide local property investors and developers with the versatile financing they need for:
- Time-sensitive opportunities
- Filling in gaps in capital
- Keeping projects on track
- Covering immediate costs
Bridge and hard money loans from Eagle Bend Capital Financing are used for multifamily property transactions and projects of all types in Cleveland OH and feature:
- Financing from $100,000 up to $100 million
- Up to 80% LTV
- Interest-only amortizations
- Fast closings
- Low interest rates
Equity and Mezzanine Loans for Multifamily Properties in Cleveland, OH
Equity and mezzanine loans are a great fit for multifamily properties, and they provide an alternative to traditional loans. Equity and mezzanine loans from Eagle Bend Capital Financing range from $5 million to $100 million and above. Unlike traditional loans, mezzanine financing is a hybrid of equity lending with a debt component that ranks lower on the hierarchy of obligations, giving local investors and developers more flexibility. Equity and mezzanine loans can be repaid through a variety of methods, such as:
- Cash interest
- Equity stake
- Payable-in-Kind (PIK) interest
Construction Loans
Eagle Bend Capital Financing provides construction loans in Cleveland, OH. Whether you are expanding and overhauling existing apartments or building brand new multifamily residences from the ground up, our construction loans offer:
- Loan amounts from $2 million to $50 million
- Terms up to 5 years
- Fixed interest rates
- Amortizations up to 25 years
- No upfront fees
- Funds available within 45 days
- Collateral considered: Land, real estate and equipment
- Nationwide availability
- International projects considered on a case-by-case basis
HUD and FHA Loans for Multifamily Apartments in Cleveland, OH
We provide HUD and FHA loans for apartment buildings and designated properties in the Cleveland area. Our HUD and FHA loans can be used for acquisitions, renovations, and construction, and feature:
- Financing from $2 million on up to $50 million
- Non-recourse options
- Permanent funding
- Credit enhancements
- Full amortizations
- Low permanent fixed rates
- Fully assumable
- Integrated construction
- Tax exempt financing
Contact Us
To learn more about funding solutions for multifamily properties in Cleveland, OH contact the team at Eagle Bend Capital Financing today.