Small Multifamily Loans Get a Big Boost from Agency Lending
Financing for small apartment properties with 5 to 50 units reached a record-breaking $47.6 billion last year and growth is ongoing, according to Chandon Economics. As part of that trend, more property investors are converting to agency loans to finance their deals. What’s driving this trend?
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As court-appointed receiver, we work with the debtor and creditor to resolve defaulted credits. Most often, while working with the borrower’s lender, we are able to significantly reduce the loan balance through an efficient liquidation process that maximizes loan value.