Buying the building is the contract. The loan is a separate question: which source can close on that date, at proceeds the property supports, without a structure the seller's timeline will not survive. Capital Market Funds shops Fannie Mae, Freddie Mac, and HUD for the multifamily that fits; life company, CMBS, and bank for commercial cash flow; and bridge when permanent credit cannot meet the closing date. We are not a Fannie Mae DUS lender. We are the originator.
One published origination is an Arizona acquisition: The Block at Pima Center in Scottsdale, Class A+ multi-tenant retail, 37,958 NRSF, $14,500,000, 2022, acquisition on a ground lease, prior firm. A ground lease is not fee-simple ownership. That fact is on the card and it stays on the card. A 2023 Midwest office acquisition of $21,700,000 is on the transactions list and is not an Arizona loan. The Tucson multifamily closing is value-add life company, not labeled as an acquisition.
If the purchase contract expires before a life company or an agency lender can finish, the honest structure is often bridge with the permanent takeout named, not a permanent application that misses the date. Say the contract date on the form.