🔥The 9th Round of Easy Loan, Earn $40 Reward is in progress❗️ ⏰ Promotion Period: January 15th - Feburary 15th, 2025 👉 Register now and check more details at gate.io/campaigns/358

RECENT FINANCING TERMS: We delivered a competitive financing option for a mixed-use multifamily project in the Mid-Atlantic: Proceeds: $222,500,000 Coupon: 7.58% LTC: 81% Recourse: Non-Recourse Lender Type: REIT Total Fees: 1.5% Follow me for frequent multifamily market intel

3 sets of #lender terms below from a recent process we concluded on #multifamily construction financing for a developer's project in the southeast: $59,411,208 S+275 55% LTC Bank $64,988,675 S+325 60% LTC Debt Fund $81,015,284 S+475 75% LTC Debt Fund #TeamCastleSquare

Wow! Talk about competitive senior construction financing options for multifamily developers: Loan Size: up to $50mm Interest Rate: S+250 Strategy: Ground Up Construction Max LTC: 75% Max Stabilized LTV: 70% Minimum Stabilized DSCR: 1.15 Recourse: Partial Recourse That is a

I asked 30 construction lenders for their most aggressive sizing and competitive pricing for multifamily. Here’s their responses distilled into a 1-page summary:

What is the Live Local Act, and how could it be improved to strengthen investor and lender confidence? The Live Local Act is a legislative effort aimed at increasing affordable housing options for middle-income residents in Florida. One of the key provisions of the Act is the

Just met with an exceptional small-balance preferred equity provider that’s worth highlighting. Over the past three months, they’ve successfully closed three investments behind Fannie Mae senior debt, a strong testament to their reliability in a market where many preferred equity

Why are equity investors suddenly favoring in-place cash flow over high IRRs? Over the past few quarters, we’ve seen a sharp pivot in what LP and JV equity partners are underwriting, and more importantly, what they’re saying no to. Cash Flow is King: Investors are demanding

What are Co-GP equity investments and how they typically fit in a transaction? Co-GP investors often cover up to 90% of the GP's required equity in a deal but are not a substitute for LP equity. With that being said, there are many benefits a Co-GP offer unlike most traditional

Thought I’d share I just spoke to a common equity investor interested in +1970s multifamily deals $20mm to $90mm located in secondary and tertiary markets with 6.0% Y1 CoC. They’ll fund all the LP equity AND half the GP’s equity. A recurring theme in today’s market, as

Texas House Bill 21 (HB21) has officially been signed into law. Here are 4 critical critical takeaways: 1) HFCs are now jurisdiction-bound. As of June 2025, an HFC can only own or develop property within the boundaries of its sponsoring city or county. If you're relying on an

🎙️Episode 21 is LIVE 📈 In this episode, I sat down with Michael Khalilzad, President at CastleSquare as we got DEEP in the weeds on what really gets deals capitalized in today’s market. Creativity: A deal nearly died until Michael restructured it to give the equity partner a

Equity is still hard but starting to loosen up. In the current cycle, raising JV equity remains challenging, but we’re starting to see encouraging momentum: several deals we’re involved in are either in closing or reaching term sheet issuance from many different institutions.

We’re seeing more acquisition and development deals where debt and equity are ready to go, but closing hits a wall because the sponsor lacks the personal balance sheet to satisfy guarantor requirements. At CastleSquare, we solve this problem. We offer credit enhancement