Agency execution (Fannie DUS and Freddie Optigo) is heavily contested across all major Florida MSAs. Bridge debt funds compete aggressively on lease-up and value-add. Florida-specific underwriting risks center on property insurance hardening (post-Ian / Idalia), tightened lender hurricane and wind-coverage requirements, and Citizens Property Insurance Corporation depopulation dynamics that materially affect per-unit insurance assumptions.
Active capital sources
- Agency Lenders (Fannie/Freddie)
- Florida Regional Banks
- National Debt Funds
- Life Companies
Loan programs we place
- Acquisition Financing
- Value-Add Bridge Loans
- Agency Perm Refinance
- Construction-to-Perm
Frequently asked questions
What is the LTV for Florida multifamily?
Stabilized agency executions typically clear 65% to 75% LTV on Class A and 70% to 80% on workforce / Class B with strong T-12 operating performance and a market-supportable trended-rent picture.
How does Florida property insurance affect lender sizing?
Materially. Coastal multifamily insurance has hardened sharply since 2022; most stabilized garden product is now underwritten at $1,200 to $2,500+ per unit per year on insurance, with named-storm and wind deductibles structurally higher than in any other major state.
Are Florida multifamily loans non-recourse?
Yes for institutional product. Agency, CMBS, and life-company executions are non-recourse with standard bad-boy carve-outs.