At Alpha Funding Corp, Multifamily bridge mortgage financing is an innovative source of direct funding offered to those investors in the apartment or hotel hospitality market. Due to the intricacies that exist within this industry, investors must be sure to partner with a funding company that has the experience, capital and expertise needed to deliver the flexible lending solutions that support your end result. Investing in rental property almost anywhere there is a shortage of accommodation can be a great strategy for developers. Apartments, senior housing and multi-unit properties can be a long term lucrative venture for diverse cash flow to realty investments. Multifamily bridge loans help investors secure the financing they need to make a quick investment purchase or cash out refinance to reallocate funds.
In the fast-paced world of hotel investment, sometimes there is only a limited amount of time that you can take advantage of a prospect. With a multifamily bridge loan from Alpha Funding Corp., you’ll have access to as little as $2 million to $100 million or more with an expedited closing process. Attractive rates start at just 6.5 percent and provide you with up to three years to pay back the funds.
Using a multifamily bridge loan is a viable way of getting the financing you need quickly. It also provides an innovative method of closing the gap between the current short-term financing you already have in place and a more permanent, long-term financing plan. This allows you to shop around for the lower rates that are often more common with longer financing options without missing without putting your current funding needs in jeopardy.
Multifamily bridge loans and Apartment bridge loans— like other types of hard lending solutions — rely on evaluating each project on a case-by-case basis. In addition, Alpha Funding Corp. a commercial bridge loan lender assesses each application based on the projected results, as well as the current revenues, past project finance records and other key criteria. This paves the way for creative funding solutions that traditional financial institutions can match.
Alpha Funding Corp. brings four decades of innovative expertise to the table when working with borrowers. Offering multifamily bridge loans to investors across the country, Alpha Funding Corp. prides itself on offering commercial bridge loan funding options that take hotel projects to the next level.