Multifamily Real Estate Financing for Investors & Operators
Private multifamily real estate financing for apartment buildings and portfolios. Fast, flexible multifamily bridge loans sized to your acquisition, construction, and refinance plan—so you can move quickly and execute your strategy.
- 7–21 day close on qualified files
- Interest-only multifamily bridge loans
- Florida & Southeast coverage
Multifamily asset types we fund
Brora Capital provides multifamily real estate financing for experienced sponsors and operators across income-producing and transitional assets. We size apartment building financing to the deal profile and timeline, not a one-size scorecard.
Multifamily properties
- Garden-style and low-rise apartments
- Mid-rise and urban infill multifamily
- Small balance assets (5–20 units) and larger portfolios
- Workforce housing and value-add communities
- Lease-up and recently stabilized projects
- Select mixed-use with multifamily-over-retail
We focus on investment and business-purpose multifamily deals—not owner-occupied primary residences.
Bridge programs for commercial financing
- Acquisition bridge: Short-term multifamily bridge loans that let you secure apartment buildings or portfolios quickly while you execute capex, lease-up, or a longer-term financing strategy.
- Construction bridge: Multifamily bridge loans for major capex, unit renovations, repositionings, and select ground-up apartment projects.
- Refinance bridge: Short-term multifamily real estate financing that refinances existing debt, supports a recapitalization, or creates runway to finish a business plan and stabilize NOI.
How we size & structure multifamily deals
Asset & plan
Unit mix, vintage, physical condition, capex plan, and target positioning (workforce, Class B/C value-add, core-plus, etc.)
Income & expenses
Current rent roll, collections, concessions, vacancy, T-12, and projected stabilized NOI
Market fundamentals
Submarket demand, supply pipeline, rent growth, and comp set depth
Leverage and capital stack
Purchase price or current basis, capex budget, equity contribution, and requested proceeds
Sponsor and team
Multifamily track record, operational capabilities, and property management platform
Exit clarity
Defined take-out via agency/perm debt, portfolio refinance, or sale within the bridge term
Multifamily scenarios we finance
Multifamily real estate financing tailored to real-world investor and developer strategies:
- Acquiring a Class C garden-style asset to execute a unit renovation and amenity upgrade program
- Buying a partially renovated apartment building where a previous lender will not extend and capex remains
- Repositioning a dated property in a growing submarket from heavy concessions to stabilized market rents
- Bridging a newly delivered lease-up deal to agency or life company take-out once occupancy and DSCR are in range
- Recapitalizing a small portfolio of apartment buildings to free up equity for a new development or acquisition
If there’s a credible multifamily story and exit, we’ll look for a way to structure bridge capital around it.
Terms
-
Every deal is unique, but most multifamily real estate financing falls within these ranges:
- Loan purpose: Acquisition, construction / heavy rehab, refinance, recapitalization
- Term: ~12–36 months, often with extension options
- Amortization: Typically interest-only during the term
- Leverage: Sized to LTC/LTV ranges appropriate to asset, business plan, and market risk
- Draws: Milestone-based for capex and construction, with third-party or documented inspections
- Reserves: Interest, tax/insurance, and capex reserves where appropriate
All terms are deal-specific and subject to underwriting, documentation, and market conditions.
Documentation for multifamily financing
We keep the package focused and operator-friendly, so you can get a fast, clear read on your apartment building financing request.
Typical documentation:
- Executive summary and business plan (including capex scope and exit path)
- Purchase agreement or current loan documents
- Current rent roll and lease summary
- T-12 income and expense statement
- Pro forma with post-renovation assumptions and lease-up timeline
- Detailed capex or construction budget with draw plan
- Property management and sponsor track record overview
- Third-party reports as scoped during diligence (e.g., appraisal, PCA, environmental)
Florida commercial markets we serve
We’re based in Florida with deep experience across Boca Raton and surrounding South Florida markets (Palm Beach, Broward, Miami-Dade), and we finance multifamily bridge loans across key Southeast metros where deal profile and sponsor fit align.
FAQs (short answers for rich results)
Do you finance both small and larger multifamily properties?
Yes. We provide multifamily bridge loans for small balance assets (5–20 units), mid-size properties, and larger apartment communities and portfolios.
Do you offer apartment building financing for value-add strategies?
Yes. Many of our multifamily bridge loans are built around value-add plans—unit renovations, amenity upgrades, and operational improvements tied to rent and NOI growth.
Can you finance lease-up or newly delivered multifamily projects?
Yes. We work with sponsors on lease-up assets that need time to reach stabilized occupancy and DSCR before transitioning to permanent agency or life company debt.
Can you refinance an existing multifamily bridge or construction loan?
In select situations, yes. We can step in with new multifamily real estate financing to refinance a maturing, inflexible, or higher-cost facility and create runway to complete the plan.
What is the typical equity requirement for multifamily bridge loans?
Sponsors should expect to contribute meaningful equity—often 20–35% of total project cost—depending on asset class, leverage, and business plan risk.