Introducing Fixed-Rate Financing for Multifamily Properties by Ease Capital
Ease Capital has rolled out an exciting new fixed-rate loan program, building on the success of its previous bridge lending efforts. Designed alongside a major bank, this financing option aims to deliver vital support to multifamily and mixed-use properties. Borrowers can now secure loans ranging from $5 million to $50 million at attractive rates, with terms available for 5, 7, or 10 years.
Tackling the Challenges of a Tough Market
As banks become more selective and underwriting guidelines tighten, many multifamily properties are struggling to find permanent financing solutions. Ease Capital concentrates on the small balance and lower mid-market segments, which encompass over 98% of multifamily properties. This strategic emphasis allows the company to meet the needs of clients dealing with maturing debt, offering comprehensive financial solutions from construction to permanent financing.
Borrower-Friendly Financing Options
Barclay Lynch, the Head of Loan Originations at Ease Capital, highlighted the advantages of the program, saying, “For multifamily borrowers seeking flexible, interest-only, permanent financing with maximum proceeds, this loan program is perfect.” With a goal of closing over $300 million in bridge loans this year, the new program is set to enhance the existing transitional loan business, providing even greater support for clients' financing needs.
Unique Loan Features and Terms
The new financing program allows borrowers to access non-recourse, interest-only loans, specifically designed for stabilized and near-stabilized properties. Loans can range from $5 million to $50 million, with pricing linked to Treasuries plus 200-300 basis points, depending on the leverage and term structure selected. Through this partnership, Ease Capital manages all aspects of sourcing, sizing, and underwriting, ensuring a smooth and efficient process for borrowers.
An Overview of Ease Capital and Its Goals
Founded in 2022, Ease Capital is a nationwide lender committed to providing customized capital solutions for multifamily and mixed-use commercial real estate transactions. The company is dedicated to offering flexible financing options for new acquisitions, construction completions, and stabilized deals. Renowned for their speed and customer-focused approach, the Ease Capital team works hard to close on terms that satisfy both parties and ensure client contentment.
Final Thoughts: Transforming Multifamily Financing
In a rapidly changing real estate landscape, Ease Capital’s new fixed-rate permanent financing program represents a vital resource for multifamily property owners. With robust institutional support and a dedicated workforce, Ease Capital aspires to make real estate ownership more attainable, paving the way for innovative financing solutions in an evolving environment.
Frequently Asked Questions
What is Ease Capital's new loan program?
Ease Capital has rolled out a fixed-rate loan program aimed at providing permanent financing for multifamily and mixed-use properties, with loans available from $5 million to $50 million.
What terms are included in the new financing options?
The loans come with terms of 5, 7, or 10 years, and they include interest-only payment options, making them well-suited for borrowers looking for flexibility.
How does Ease Capital assist its clients?
Ease Capital focuses on small balance and lower mid-market segments, ensuring that clients receive thorough support from construction financing all the way to permanent loans.
Which types of properties qualify for this financing?
This program is tailored for stabilized and near-stabilized multifamily and mixed-use properties.
When did Ease Capital start its operations?
Ease Capital was founded in 2022 with the mission of providing accessible capital solutions within the real estate market.
