Sigiv Rosano |
LOS ANGELES, CA (July 13,
2015) – In a market that is flooded with capital for large acquisitions, Rosano
Partners, a firm that specializes in urban commercial real estate, is proving
that multifamily lending has also re-emerged in niche, urban markets.
“The brutal truth is that
it has typically been very difficult to secure competitive financing for small
apartment projects in diverse, urban neighborhoods,” says Sagiv Rosano, Founder and President of Rosano Partners.
“Today, however, lenders are becoming much
more aggressive, especially in multifamily product. With a default rate of only .05% or lower,
the appetite for multifamily is insatiable, and we are seeing an emergence of
finance providers ready to lend in these small, niche neighborhoods.”
Rosano Partners, a
full-service commercial brokerage, recently arranged financing for three
apartment projects in diverse Los Angeles neighborhoods.
For a complete copy of the company’s news release,
please contact:
Jenn Quader
Brower, Miller & Cole
(949) 955-7940
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