Apartment Loan in Tallahassee, FL

Since April 1994, Bison Financial Group, founded by brothers David and Jared Repka, has been helping real estate investors nationwide secure the best loan products for commercial real estate investments. If you're looking for competitive rates on an apartment loan in Tallahassee, FL, Bison Financial Group is ready to assist. Our firm specializes in apartment loans in Tallahassee and the surrounding areas, including Leon, Gadsden, Wakulla, and Jefferson counties.

The most attractive non-recourse loan terms start at $1,000,000 for multifamily properties. For low-interest rates and non-recourse loans up to 80% of the property's value (with leverage up to 85% available for loans exceeding $7 million), we offer tailored solutions to fit your investment needs. These apartment loan products are available across Tallahassee and the surrounding counties.

Multifamily Loan Underwriting

Each loan product has unique underwriting requirements. The way loan data is presented to lenders can significantly affect pricing and loan proceeds. Bison Financial Group offers expert loan underwriting services for apartment building loans in Tallahassee. Our expertise ensures you secure the best pricing and terms for your multifamily property or commercial real estate investment.

Free Loan Quote for Multifamily Loan in Tallahassee, FL

We encourage clients to submit key property-level data for a free loan underwriting review. Our initial underwriting typically takes less than one business day, after which we provide multiple apartment loan options tailored to your objectives.

Required Underwriting Information:

  • Last two years and Year-To-Date detailed Profit and Loss statements (a trailing 12-month P&L is preferred)
  • Current Rent Roll
  • Brief narrative description of the property
  • A few electronic photos or a copy of the real estate agent’s marketing package (if available)
  • The purpose of the loan: Acquisition, Refinance, Cash Out, or Property Repositioning (renovations)

For a detailed checklist, visit: Bison Financial Group Loan Checklist.

Understanding your investment goals is critical. How much do you wish to borrow? Is this a long-term or short-term investment? Share your apartment loan request for Tallahassee, FL, and we’ll tailor our recommendations accordingly.

Fixed-Rate Loan Terms for Multifamily Properties

Loan terms are available from 3 years to 35 years (up to 40 years for new construction loans exceeding $7 million). Eligible properties include Garden Style, High Rise, Age-Restricted, Student Housing, Section 8 Tenants, and subsidized buildings. Properties must include at least five units. For multiple buildings with five or more units under one loan, the best terms are available when the properties are within 3 to 5 miles of each other.

Loan Closing Timeline

The closing process typically takes between 45 and 55 days for a multifamily loan in Tallahassee. Closing costs vary depending on the loan product. We provide a detailed estimate of anticipated costs, loan terms, and conditions upfront so you can make informed decisions.

Market Outlook for Tallahassee Metro

The multifamily market in Tallahassee remains strong, supported by a growing population and a stable economy driven by government, education, and healthcare sectors. Tallahassee’s rental demand is bolstered by its status as a hub for higher education, including Florida State University, Florida A&M University, and Tallahassee Community College. Occupancy rates remain steady, reflecting the area's attractiveness to investors seeking stable income and long-term value appreciation.

Tallahassee Multifamily Market Growth

Multifamily development in Tallahassee is steady, with new projects addressing the demand for student housing and workforce apartments. The inventory of apartment units has expanded in response to the area’s growing population and evolving housing needs. Both urban core developments and suburban communities offer promising opportunities for investors.

Housing Outlook in Tallahassee

The growth of state government and educational institutions continues to drive demand for rental housing in Tallahassee and its neighboring counties. The surrounding areas, including Leon, Gadsden, Wakulla, and Jefferson counties, are also experiencing steady demand for rental properties. New projects, while occasionally impacted by rising material costs, maintain a positive outlook due to strong market fundamentals.

For more information, visit Bison Financial Group’s website at www.bisonfinancial.com.

As financial  advisor to private investment partnerships, Bison has learned the hard way what lenders close quickly & efficiently and what lenders are a waste of time. Bison’s experience in placing debt and equity capital for our clients and partners is a resource of tremendous value to new clients.

Since Bison is in the market every day arranging financing, we have learned how to find funds that are fairly priced for the risk from a wide variety of sources that actually close on the terms originally proposed. Bison has closed transactions across the capital spectrum: hard money lenders, private equity investors, banks, life insurance companies, hedge funds, Wall Street Conduit Lenders and Fannie Mae DUS lenders.

We understand and welcome the opportunity to arrange financing for your next project. Follow this link to learn what we need to see to give your next project a “sniff test”.

Our track record at closing transactions speaks for itself: since the firm was founded we have been involved in more than a billion dollars of transactions. For a more detailed explanation of our closed transactions please click here for a list of our recent deals.

We  are creative problem solvers willing to roll up our sleeves and get transactions closed. If we can not get the deal done in house, we are happy to provide a name and number of a potential source.

Contact us today with a potential opportunity or send us an email to be added to our electronic distribution list for up to date information on compelling market opportunities.

For questions or for more information, please contact:
Jared R. Repka, Principal
Phone: 727-537-0208
Email: jared@bisonfinancial.com