Bison Closes $4.4 Million Acquisition Loan for Adult-Care Facility

by David Repka   Bison announces the closing and funding of an SBA 7(a) acquisition loan for an Upstate NY Adult-Care Facility. Overview: $4,429,000 SBA 7(a) acquisition loan Fixed rate 10-year term Bison negotiated to allow for a seller held Read More

Bison Closes $4.8 Million Refi Loan for Class C Multifamily

by David Repka   Bison announces another closing and funding for a longtime client that invests in turnaround properties. Overview: $4.8 million refinance loan Non-recourse, cash-out with 6 years of interest-only payments Workforce housing property that was recently acquired, rehabbed, Read More

Bison Closes $1 Million Working Capital Line of Credit

by David Repka   Bison announces the closing and funding of a working capital line of credit. Overview: $1 million LOC fixed at 6% No real estate collateral required (that’s amazing!) Enabled a local, fast growing pest control company the Read More

Bison Closes Retail Cash-Out Refinance Fixed at 4.5%

by David Repka   Bison announces a recent closing and funding for a local retail property. Overview: $1 million refinance loan fixed at 4.5% Proceeds limited to 85% of all-in cost / 73% of stabilized value Enabled the ownership group Read More

Bison Closes $4.82 Million Acquisition Loan for Hotel to Multifamily Conversion

by David Repka   Bison announces their 2nd closing and funding for a local family that invests in turnaround properties. Overview: $4.82 million acquisition loan Hotel to multifamily conversion loan to acquire an underutilized property in Downtown Tampa, Florida In Read More

Bison Closes Massive Cash-Out Refi

by David Repka   Bison announces the closing and funding of a massive cash-out refinance on a 2.5 star mobile home park on Florida’s West Coast. Overview: 2.5 star family mobile home park $10.92 million loan pays off loan balance Read More

Bison Believes in the ABC’s

By Jared Repka ‘A’ is for Apartments. ‘B’ is for Buy Them Now. ‘C’ is for Cheap Money. It’s time to dust off the old school books and remember our lessons from nearly half a lifetime ago; that buying multifamily Read More

What are the best & worst nationwide markets for apartment investment?

The Apartment Finance Today conference was a great opportunity to share ideas with the best and brightest in the multi-family investment, development and finance industry. The final session of the conference was a panel with three economists focused on answering Read More

Apartment Finance Today Conference Update

I am back from moderating an all-star panel discussion at the Apartment Finance Today Conference in Fort Lauderdale, FL. Our topic: “Small but Mighty: Finding the Best Small-Balance Apartment Loan” was well received by a full house of real estate Read More