High Leverage Multifamily Lending
NEW YORK, NY, August 31, 2017 /24-7PressRelease/ -- Trinity Street Capital Partners, a full service real estate investment bank, expands its multifamily lending program in its commercial mortgage origination platform. Experienced multifamily owners will now have access to non-recourse multifamily loans, up to 85% of cost (80% senior mortgage and 5% of preferred equity or mezzanine finance). The program will also include interest only options for well located projects in healthy markets and will allow successful owners to acquire more investment properties, with less capital.
A spokesperson for Trinity Street Capital Partners indicated that its multifamily lending program has gained considerable traction in the last several months, as traditional banks have ratcheted back their loan-to-value ratios in the past 6-12 months as many investors and lenders believe we are approaching the apex of the current real estate/economic cycle.
For more information about the TSCP high leverage multifamily program, please visit us at:
(http://trinitystreetcp.com/debt-equity/debt-permanent/residential-lending/)
Trinity Street Capital Partners focuses on non-recourse, high leverage senior or subordinate debt and preferred equity with investments starting at $5MM on income producing retail, office, industrial, multifamily, manufacture housing communities, self-storage and hospitality properties located throughout the United States.
For more information about Trinity Street Capital Partners and the services it provides, go to www.trinitystreetcp.com.
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