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Lender appetite for multifamily deals has not waned. In fact, lenders remain fiercely competitive on multifamily product, and that includes construction financing opportunities, particularly for experienced developers and sponsors. Consumer demand is fueling the market activity along with new loan products, like green financing, for multifamily.

“Lenders continue to be very interested in multifamily projects, as consumer demand and rents remain strong in many markets,” Jennifer Bojorquez, a partner at Troutman Sanders, tells GlobeSt.com. “The appetite for permanent financing on multifamily projects remains strong, and lenders continue to experience a lot of competition for these deals.  The deal flow for construction financing also remains steady, and we’re continuing to see a number of new deals, albeit with experienced multifamily developers.”

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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