Arizona Multifamily Loans
Private Multifamily Lender in Arizona
Multifamily loans can help take your real estate investing needs to the next level. Whether you are financing townhomes, condos or student housing or looking to refinance a multifamily portfolio of real estate assets, CoreVest can help. CoreVest has experience working with multifamily real estate investors throughout the state of Arizona.
As Arizona’s multifamily real estate market continues to explode, more and more investors are capitalizing on low entry real estate purchases. Obtaining capital from a traditional bank will only get you so far. As a private multifamily lender, CoreVest can open up your opportunity to invest in more Arizona multifamily properties.
CoreVest Finance is the leading private lender for multifamily loans in Arizona with a total of over $6 billion in loans closed in company history.
CoreVest actively lends multifamily loans for rental properties throughout AZ – Phoenix, Surprise, Glendale, Scottsdale, Chandler, Mesa, Glendale, Gilbert, Tempe, Tucson and all other major cities in Arizona.
Multifamily Loans Custom Built for Arizona Investors
Whether you buy and hold or fix and flip in Arizona, CoreVest has the capital for your investment needs
Bridge
$2M - $50M
12 to 24 month terms
No call protection /
lockout
Up to 85% of cost
Interest only amortization
No initial DSCR
requirement
Non-recourse
Multifamily, condos, student housing, mixed use w/ majority residential, others assets case by case
Construction
$5M - $25M
12 to 24 month terms
No call protection /
lockout
Up to 85% of cost
Interest only amortization
No initial DSCR
requirement
Non-recourse
Multifamily, condos, student housing, mixed use w/ majority residential, others assets case by case
Permanent
$1M - $100M
5 or 10 year terms
Call protection / lockout depends on loan term
Up to 75% of value
IO and amortization options
1.20x DSCR requirement on 30-year amortization
Non-recourse
Multifamily, condos, student housing, mixed use w/ majority residential, others assets case by case
Questions About The Arizona Market?
Tim Leber
Arizona Relationship Manager
E: timothy@cvest.com
P: 480.428.2577
- The median home value in Arizona is $240,600.
- Arizona home values have gone up 8.1% over the past year
- The average rent for an apartment in Phoenix is $955, a 5% increase from last year.
- More people moved to Maricopa County, AZ than any other county in the country last year
- AZ population growth is forecasted to be 120,000 next year.
Arizona Rental Market Updates
Since the recession, Arizona has been slowly rebounding to a thriving economy. With a high foreclosure rate comes large inventory for investment properties. Each of these cities below show positive signs of population growth, which will bring in new homebuyers and renters.
There are so many great opportunities for multifamily projects in Arizona at the moment. CoreVest Finance can help you finance your next multifamily loan.
Some of the best place to invest in Arizona multifamily properties are in the cities of Phoenix, Tucson, Scottsdale, Mesa, Tempe, Glendale, and Flagstaff.
Arizona - Investment Property Loan Map
Why Partner with CoreVest to Fund Your Next Multifamily Loan?
Experienced – we know your business.
We have partnered with thousands of borrowers to finance residential investment properties across the nation.
Efficient – we get the deal done.
Our streamlined closing process and dedicated support allows you to focus on your business, not our paperwork.
Efficient – we get the deal done.
Our streamlined closing process and dedicated support allows you to focus on your business, not our paperwork.
"It’s an honor and a privilege to help real estate investors in Arizona fund their next deal. I have experience working in the Arizona market for many years and can help answer any questions you might have about the local real estate market.”
– Tim Leber, Arizona Relationship Manager, CoreVest
For more information on Arizona multifamily loans, please call Tim Leber at 480.428.2577, fill out the form below or email timothy@cvest.com.
Together We Grow
CoreVest continues to grow with our borrowers and remain active participants in the industry
