Valor Lending Group features commercial loans for high end, Class A and B+ multifamily pre-stabilized properties.
Our commercial loans for these multifamily assets are from $20 million to $90 million on behalf of one of our life companies.
We offer very competitive terms for stabilized multifamily and for pre-stabilized Multifamily in lease-up. Rates starting in the low 3’s! We are fulfilling a huge demand for refinancing assets prior to stabilization and our Life Company has directed us to broker $1B in this segment of the commercial market space.
Our pre-stabilized Multifamily program is competitive with the prevailing GSE (Agency) debt program by providing little to no structure and fixed interest rates in the low 3’s. LTV’s up to 75%, flexible prepayment penalties, interest only options, creative deal structure and a balance sheet execution.
Their terms continue to afford sponsors increased flexibility and less onerous reserve requirements when compared to GSE options. Therefore allowing investors to reduce their interest rates prior to stabilization.
ADVANTAGES:
1. Straightforward closing process
2. Certainty of execution- parent large life company
3. Life Company is a $60 billion insurance company
4. Flexible prepay
5. Creative deal structure
6. Pre-stabilized multifamily
- Fixed Rates-Terms: 3,5,7 and 10 years-
- Amortization: up to 30 years-
- Markets: primary and secondary -Class A and Class B+
- LTV’s up to 75%- Interest only available-
- Flexible prepay-
- Rates as low as 3.125% fixed 2-5 year-20 million to 90 million-
- Fewer reserves than Agency
