Multifamily

AAI Financial facilitated the closing of a $4,400,000 loan for the construction take-out financing of 12 duplexes to recoup out-of-pocket construction costs.

AAI Financial facilitated the closing of a $1,240,000 loan for the purchase of a 16-unit apartment complex. We were able to secure 80% LTV Fannie Mae non-recourse financing at a 12-year low fixed rate. We overcame COVID restrictions and no prior multifamily experience to secure the financing.

AAI Financial facilitated the closing of a $2,220,000 cash-out refinance loan on a recently stabilized multifamily project. We were able to secure Fannie Mae non-recourse financing at a 12-year low fixed rate.

AAI Financial facilitated the closing of a $5,150,000 loan for the construction take-out financing of a multifamily property. We were able to utilize the CMBS market to lock in a low long-term interest only rate with non-recourse.

AAI Financial facilitated the closing of a $6,626,000 construction loan to finance the construction of Phase I of 42-units of a Five Phase Multifamily Project.

AAI Financial facilitated the closing of a $9,512,000 construction to perm loan to finance the construction of Phase I 60-units of a Five Phase Apartment Project. We were able to use sweat equity to adhere to loan to cost requirements.