Inner Circle Capital Advisors successfully arranged financing for a 28-unit multifamily property in Thibodaux, LA during an increasingly difficult credit environment for multifamily assets. Despite tightening lender leverage, increased scrutiny on cash-out transactions, and reduced proceeds across the market, our team was able to deliver a final loan amount of $2,200,000 — exceeding the original application quote of $2,050,000.
The financing featured a 5.92% fixed interest rate for 5 years, non-recourse structure, and a 3-2-1-1-1 prepayment schedule, providing the borrower with long-term flexibility and strong cash-out proceeds. This execution highlights Inner Circle Capital Advisors’ ability to navigate challenging lending conditions, maintain lender confidence throughout the process, and deliver certainty of execution for multifamily sponsors.
