Multifamily
Apartment building financing
Bridge loans for multifamily acquisitions, value-add renovations, and lease-up capital. From 5-unit buildings to mid-size complexes, financed by a lender who operates in the space.
Why Requity
A lender who owns apartments too
Most bridge lenders evaluate multifamily deals from a spreadsheet. Requity Group acquires, renovates, and manages apartment buildings through our investment platform. We know what a realistic renovation timeline looks like because we live it.
Operators Lending to Operators
Requity Group acquires and manages multifamily properties through our investment platform. We know renovation timelines, lease-up curves, and the realities of repositioning because we do it ourselves.
Business Plan Underwriting
Banks underwrite trailing 12-month income. We underwrite the business plan. If the market supports higher rents and your renovation budget is realistic, the deal gets funded based on where it is going, not where it is today.
10-Day Close Advantage
In competitive multifamily markets, speed wins. A bridge loan that closes in 10 days at a price that reflects the property's current condition beats a bank offer at a higher price that takes 60 days and may fall through.
Use Cases
What we finance
From straightforward apartment acquisitions to heavy value-add renovations with lease-up capital and full repositioning.
Value-Add Acquisitions
Acquire multifamily properties with below-market rents, deferred maintenance, or high vacancy. Bridge financing underwrites to the stabilized business plan, not the trailing income that disqualifies you from conventional lending.
Unit Renovations
Finance interior unit upgrades that drive rent increases of $100-$300/unit/month. Kitchen and bath renovations, flooring, fixtures, and appliance packages. Improvement holdbacks release funds as work is completed on a per-unit basis.
Lease-Up Financing
Properties with 30-50% vacancy need capital to renovate, market, and lease units before they qualify for permanent debt. Bridge loans provide the runway to execute the lease-up plan and build the trailing income history lenders require.
Repositioning
Convert underperforming assets: rebrand properties, upgrade common areas, add amenities, change unit mix, or shift from short-term to long-term tenancy. Bridge capital funds the transition period when income is disrupted.
Distressed Acquisitions
Acquire properties from motivated sellers, lender REO, or auction at significant discounts to stabilized value. A 10-day close lets you capture deals that bank-financed buyers cannot compete for.
Portfolio Consolidation
Combine multiple small multifamily acquisitions into a single bridge facility. One closing, one draw schedule, streamlined execution for operators building a rental portfolio across multiple properties.
Deal Economics
How the numbers work
A representative value-add multifamily acquisition showing how bridge financing enables the deal and creates equity through renovation and rent optimization.
Acquisition
Bridge Loan Structure
Stabilized (14 Months)
Representative example for illustrative purposes only. Actual deal economics vary based on market conditions, execution, and property specifics.
FAQ
Multifamily lending FAQ
We finance multifamily properties with 5 or more units within our $250K to $10M loan range. This covers everything from small apartment buildings to mid-size complexes. Both stabilized acquisitions needing a fast close and heavy value-add projects with significant vacancy are eligible.
Yes. We structure improvement holdbacks directly into the bridge loan to fund unit renovations. Common renovation scopes include kitchen and bath upgrades, flooring, fixtures, appliance packages, and common area improvements. Funds are released on a draw basis as work is completed and verified, typically on a per-unit or per-phase schedule.
We evaluate the property based on its stabilized potential, not just trailing income. Our underwriting looks at market rents for comparable renovated units, the borrower's renovation budget and timeline, local occupancy trends, and the exit strategy. A property at 50% occupancy with a clear path to 95% is a deal we want to see.
Most common exits are refinancing into agency debt (Fannie Mae or Freddie Mac multifamily programs), conventional bank financing, or CMBS once the property is stabilized with 90%+ occupancy and 6-12 months of trailing income history. Some borrowers also exit through sale of the stabilized asset.
Yes. Mixed-use properties with ground-floor commercial and upper-floor residential units are eligible. We evaluate the full income picture including both commercial leases and residential rents.
We can close multifamily acquisitions in as few as 10 business days from signed term sheet. Most deals close within 10-15 business days. We deliver term sheets within 48 hours of receiving a complete deal package.
Requity Lending provides multifamily financing nationwide. We evaluate each market based on employment growth, population trends, rental demand, and comparable property performance.
Yes. We finance both acquisitions and refinances. If you own a multifamily property that needs renovation capital or you want to pull equity for your next acquisition, a bridge loan can provide that capital faster than a conventional refinance.