Apartment Loans
Multifamily Capital Markets Distribution. Unbiased Execution.
RCA Capital orchestrates institutional debt structures for apartment building acquisitions, capital restructurings, and portfolio refinances nationwide. As a premier capital advisory firm, we connect your pro forma directly to the lowest-cost capital sources in the country.
$1MM
Minimum Loan Amount
Up to 80%
LTV
Up to 30 year
Amortization
Financing for the purchase or refinance of stabilized properties.
If you are planning to purchase or refinance an apartment building or a mixed-use multifamily residential complex with a minority retail space, we can help. Secure up to 80% of the total value of the property in top markets, with low rates on qualifying properties. We can secure the right loan through a wide variety of financing options nationwide, offering highly customized solutions to help meet the investment needs and requirements of our clients.
- Asset Type: Multifamily residential complexes and eligible properties of five residential units and up.
- Transaction Volume: Minimum loan sizes starting at $1,000,000 up to middle-market portfolio transactions.
- Amortization Curves: Up to 30-year schedules with custom Interest-Only (I/O) options available based on cash-flow stability.
- Loan-to-Value (LTV): Up to 80% LTV execution on tier-1 and tier-2 qualifying geographic markets.
- Sponsorship Recourse: Primarily Non-Recourse debt vehicles, shielding sponsors from personal liability outside standard “bad-boy” carve-outs.
Custom Structures Tailored to Your Investment Horizon
Financing
Engine
Best Suited For
Key Structural Advantages
Agency Financing
(Fannie Mae & Freddie Mac)
Stabilized, long-term holds looking for maximum safety and yield optimization.
- Highly competitive fixed rates
- Fully Non-Recourse execution
- 30-year amortization curves
- Flexible supplemental loan options
Commercial Banks
(Regional & National Monoline)
Value-add plays, quick assumptions, or properties in tertiary growth markets.
- Flexible prepayment structures
- Local underwriting flexibility
- Competitive pricing for strong deposit relationships
CMBS Conduits
(Capital Markets Pool)
Properties requiring maximum leverage or asset-based underwriting with minor sponsorship hair.
- Higher leverage capabilities
- Non-recourse structural standards
- Underwritten with a heavy focus on property cash flow
Financing Engine
Best Suited For
Key Structural
Advantages
Agency Financing
(Fannie Mae & Freddie Mac)
Stabilized, long-term holds looking for maximum safety and yield optimization.
- Highly competitive fixed rates
- Fully Non-Recourse execution
- 30-year amortization curves
- Flexible supplemental loan options
Commercial Banks
(Regional & National Monoline)
Value-add plays, quick assumptions, or properties in tertiary growth markets.
- Flexible prepayment structures
- Local underwriting flexibility
- Competitive pricing for strong deposit relationships
CMBS Conduits
(Capital Markets Pool)
Properties requiring maximum leverage or asset-based underwriting with minor sponsorship hair.
- Higher leverage capabilities
- Non-recourse structural standards
- Underwritten with a heavy focus on property cash flow
Custom Structures Tailored to Your Investment Horizon
Financing Engine
Best Suited For
Key Structural Advantages
Agency Financing
(Fannie Mae & Freddie Mac)
Stabilized, long-term holds looking for maximum safety and yield optimization.
- Highly competitive fixed rates
- Fully Non-Recourse execution
- 30-year amortization curves
- Flexible supplemental loan options
Commercial Banks
(Regional & National Monoline)
Value-add plays, quick assumptions, or properties in tertiary growth markets.
- Flexible prepayment structures
- Local underwriting flexibility
- Competitive pricing for strong deposit relationships
CMBS Conduits
(Capital Markets Pool)
Properties requiring maximum leverage or asset-based underwriting with minor sponsorship hair.
- Higher leverage capabilities
- Non-recourse structural standards
- Underwritten with a heavy focus on property cash flow
Financing Engine
Best Suited For
Key Structural
Advantages
Agency Financing
(Fannie Mae & Freddie Mac)
Stabilized, long-term holds looking for maximum safety and yield optimization.
- Highly competitive fixed rates
- Fully Non-Recourse execution
- 30-year amortization curves
- Flexible supplemental loan options
Commercial Banks
(Regional & National Monoline)
Value-add plays, quick assumptions, or properties in tertiary growth markets.
- Flexible prepayment structures
- Local underwriting flexibility
- Competitive pricing for strong deposit relationships
CMBS Conduits
(Capital Markets Pool)
Properties requiring maximum leverage or asset-based underwriting with minor sponsorship hair.
- Higher leverage capabilities
- Non-recourse structural standards
- Underwritten with a heavy focus on property cash flow
Why Sophisticated Syndicators Choose RCA Capital
Instead of rigid bank limits, RCA Capital aligns the sponsor and asset with the right financing structure, ensuring optimized terms and maximum leverage.
Agency Financing
Stabilized Multifamily, Affordable Housing, and Senior Living Portfolios.
Gain seamless access to premier government-sponsored enterprise (GSE) programs, including Fannie Mae, Freddie Mac, and HUD. We navigate the complex agency landscape to deliver highly aggressive, long-term capital tailored for sophisticated multifamily operators looking to maximize cash flow and asset stability.
Optimized Terms
Competitive long-term fixed rates with flexible interest-only (IO) periods.
Maximum Leverage
Up to 80% LTV options with extended amortization schedules.
Risk Mitigation
Non-recourse execution to protect your syndication’s personal balance sheets.
Commercial Bank Networks
Value-Add Acquisitions, Bridge Loans, Construction, and Submarket-Specific Plays.
Break free from the rigid restrictions of a single retail bank. We simultaneously clear the market across regional and national commercial bank desks and secure flexible, relationship-style terms without the typical institutional red tape.
Asset Adaptability
Custom-tailored loan structures for unique, transitional, or value-add assets.
Flexible Prepayment
Favorable step-down or yield-maintenance terms that match your fund’s exit strategy.
Local Market Intel
We match your asset with banks that actively want exposure to your specific regional submarket.
CMBS Conduits
High-Leverage Cash-Outs, Retail, Industrial, Office, and Hospitality Assets.
Tap directly into Wall Street liquidity through Commercial Mortgage-Backed Securities (CMBS). We expertly position your institutional-grade assets to clear Wall Street conduit desks, driving maximum proceeds and aggressive pricing that traditional depository banks simply cannot match.
Maximum Proceeds
Higher leverage thresholds designed to maximize your cash-out potential and investor returns.
Lenient Underwriting
Non-recourse structures with more flexible net-worth and liquidity requirements for sponsors, focusing heavily on the asset’s cash flow.
Unrestricted Asset Classes
Ideal for large-scale, income-producing retail centers, industrial parks, and hospitality properties.
Why Sophisticated Syndicators Choose RCA Capital
Instead of rigid bank limits, RCA Capital aligns the sponsor and asset with the right financing structure, ensuring optimized terms and maximum leverage.
Agency Financing
Stabilized Multifamily, Affordable Housing, and Senior Living Portfolios.
Commercial Bank Networks
Value-Add Acquisitions, Bridge Loans, Construction, and Submarket-Specific Plays.
CMBS Conduits
High-Leverage Cash-Outs, Retail, Industrial, Office, and Hospitality Assets.
Gain seamless access to premier government-sponsored enterprise (GSE) programs, including Fannie Mae, Freddie Mac, and HUD. We navigate the complex agency landscape to deliver highly aggressive, long-term capital tailored for sophisticated multifamily operators looking to maximize cash flow and asset stability.
Break free from the rigid restrictions of a single retail bank. We simultaneously clear the market across regional and national commercial bank desks and secure flexible, relationship-style terms without the typical institutional red tape.
Tap directly into Wall Street liquidity through Commercial Mortgage-Backed Securities (CMBS). We expertly position your institutional-grade assets to clear Wall Street conduit desks, driving maximum proceeds and aggressive pricing that traditional depository banks simply cannot match.
Optimized Terms
Competitive long-term fixed rates with flexible interest-only (IO) periods.
Maximum Leverage
Up to 80% LTV options with extended amortization schedules.
Risk Mitigation
Non-recourse execution to protect your syndication’s personal balance sheets.
Asset Adaptability
Custom-tailored loan structures for unique, transitional, or value-add assets.
Flexible Prepayment
Favorable step-down or yield-maintenance terms that match your fund’s exit strategy.
Local Market Intel
We match your asset with banks that actively want exposure to your specific regional submarket.
Maximum Proceeds
Higher leverage thresholds designed to maximize your cash-out potential and investor returns.
Lenient Underwriting
Non-recourse structures with more flexible net-worth and liquidity requirements for sponsors, focusing heavily on the asset’s cash flow.
Unrestricted Asset Classes
Ideal for large-scale, income-producing apartment buildings, retail centers, industrial parks, and hospitality properties.
Frequently Asked Questions
Common questions about our apartment loan programs.
What asset types qualify for Agency Financing?
Agency financing (Fannie Mae, Freddie Mac, and HUD) is exclusively reserved for multifamily housing. This includes stabilized traditional apartments, affordable housing, student housing, dedicated senior housing. It cannot be used for purely commercial assets like retail, office, or industrial properties.
Is Agency Financing recourse or non-recourse?
It is almost entirely non-recourse. The lender’s only remedy in the event of default is the repossession of the property itself. The personal assets of the syndicators or sponsors are protected, subject only to standard industry “bad boy” carve-outs (e.g., fraud, environmental issues, or intentional bankruptcy).
When should a syndicator choose a commercial bank over Agency or CMBS?
Commercial banks are the ideal choice for transitional assets, construction, value-add plays, or shorter-term holds. While agencies and CMBS require stabilized cash flows, local and regional banks excel at underwriting the future potential of a property, offering flexible bridge capital and lines of credit to fund renovations.
Do commercial banks always require personal guarantees?
Typically, yes. Because banks take on higher asset risk (such as vacancy or construction delays), they usually require partial or full recourse from the sponsorship group. However, for highly experienced operators with strong balance sheets or lower loan-to-value (LTV) ratios, recourse can often be negotiated down or phased out upon stabilization.
What are the primary advantages of a CMBS loan?
CMBS (Commercial Mortgage-Backed Securities) loans offer two major benefits: maximum cash-out leverage and non-recourse execution on non-multifamily assets. If you own a retail center, hotel, office building, or industrial park and want to pull equity out at a high LTV without signing a personal guarantee, CMBS is often the premier vehicle.
What is the main drawback to utilizing CMBS financing?
The primary trade-off is rigidity. Because the loan is pooled into a securitized trust, the underlying paperwork cannot easily be modified. Prepayment penalties are strict—typically requiring yield maintenance or defeasance—and dealing with a third-party master/special servicer for operational approvals (like lease approvals or asset assumptions) can be slow and bureaucratic.
Ready to Maximize Your Asset’s Leverage?
Unlock premium financing options in minutes. Bypass traditional bank limits with aggressive, non-recourse capital designed to optimize your returns.
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