Multifamily HUD Financing in Portland, OR
HUD loans for apartments and other multifamily properties have grown in popularity in Portland due to underwriting guidelines that provide high loan-to-value with lower debt service coverage ratio requirements. McBride Capital focuses on HUD financing for multifamily, senior housing, nursing homes, assisted living communities.
McBride Capital has become the premier resource in Portland and throughout the Northwest when dealing with HUD due to our institutional knowledge and experience with their nuanced process. From concept meeting to close, our loan processing team works meticulously to meet HUD project timelines and create open and transparent communication with our clients. For clients who need to close quickly McBride Capital can provide fast and low cost bridge-to-HUD options.
As banks continue to pull back on construction lending, HUD will remain a viable option through their 221(d)(4) program. The program provides developers a stronger option when dealing with rent control measures and Inclusionary Zoning in Portland and throughout Oregon.
McBride Capital leverages a strong and tenured correspondent relationship with the nation's second largest HUD lender. Our ability to provide aggressive pricing and low fees in Portland is unmatched.
New construction or substantial rehabilitation for multifamily properties
Refinance/rate reduction for all properties that currently have HUD insured loans
Licensed nursing homes, assisted living, intermediate care, and board & care
McBride Capital is a commercial real estate loan brokerage firm conveniently located in Lake Oswego, Oregon. McBride Capital maintains a local feel with National scope. Offering the best in commercial real estate loan brokerage services, we work closely with HUD, FNMA, FHLMC, CMBS, Life Insurance Companies and traditional bank financing options for all property types.
McBride Capital is pleased to announce the funding of acquisition financing for a 295-unit multifamily property in Springfield, OR. McBride Capital was able to work with the buyer and seller to arrange for an acquisition directly into HUD financing. This is the second HUD loan McBride Capital has placed on this property and the largest multifamily sale in Springfield, OR history.