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Multifamily Financing in Pennsylvania

Pennsylvania offers a mix of stable cash-flowing assets in Philadelphia and growth opportunities in the Lehigh Valley and Pittsburgh. The state's diverse economy supports a resilient multifamily sector.

Pennsylvania multifamily underwriting has to account for high property tax loads, particularly in Philadelphia where periodic reassessments can move NOI materially. Lenders model that risk; the right comparable set helps. Northeast regional banks are competitive on smaller balance-sheet deals; the agencies cover the rest.

Active capital sources

  • PA/Northeast Regional Banks
  • Agency Lenders
  • CMBS
  • Life Companies

Loan programs we place

  • Philadelphia Perm Debt
  • Bridge for Stabilizing Assets
  • Agency Refinance
  • Historic Tax Credit Support

Frequently asked questions

What is the LTV for Philadelphia multifamily?

Standard LTVs range from 65% to 75%.

Do you finance student housing in PA?

We can evaluate the property and financing request, then identify lenders whose programs may fit. Lender appetite and terms need to be confirmed for the specific transaction.

Are non-recourse options available?

Yes, through agency and CMBS lenders.

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