12636 High Bluff Drive Suite 400
      San Diego, CA 92130USA
TOLL FREE - 888.800.1241

Multifamily and Apartment lending is the core business of San Diego Commercial & Business Financing.  The majority of the total loan volume for commercial loans underwriting by San Diego Commercial & Business Financing are for our clients who own apartment lending.  As such, we have the ability to offer the widest product offerings at the absolute lowest rates for these apartment loans.  

We fund our apartment loans through a number of different resources.  We have the ability to fund these loans correspondently directly with Fannie Mae and Freddie Mac, a good option for those clients who require non-recourse financing on mid to large deal sizes.  This lending source is a great fit for those who own substantially cash flow positive properties with limited deferred maintenance.  This is also a good low cost option for those middle market sized loan transactions.
For those who require more flexibility in funding we have the capacity to work with the nation’s leading CMBS lenders and Insurance companies.  These investors often have terms that are better than Fannie/Freddie. They do typically have higher fixed costs due to the fact that each transaction is constructed specifically for that property, and legal fees tend to be high.

Because of the volume of units that we fund on an annual basis, we are experts and apartment lending and multifamily loans.  Many local realtors rely on us for our expertise in analyzing these multifamily loans to make certain their clients will be receiving the returns on their investment that they expect.  We perform a full financial analysis of each apartment loan that we do.  In most cases (in all cases where geographically feasible) we do a site visit to inspect the property personally.

Because of the volume of apartments loans and multifamily loans that we do, we have a very solid grasp of local market CAP rates.  We use the services of COSTAR, the leading resource of commercial and multifamily data.  As CAP rates are the largest variable in determining values we are a great first resource for investors looking to purchase apartment buildings and multifamily buildings.  If you are not working with a good commercial real estate agent, we can refer one to you.

Please take a look at our closed transactions to see the variety of multi-family properties that we have had the pleasure to fund for our clients.