Monday, July 13, 2015

Rosano Partners: Lenders Loosen Reins on Urban Multifamily Product



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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