Multifamily is the asset where the capital stack is widest. Fannie Mae and Freddie Mac for conventional permanent debt. Freddie Mac again when targeted or value-add still belongs in Optigo. HUD 223(f) or 221(d)(4) when term, leverage, or a rehab budget justify the process. Life company when an insurance-company hold fits. CMBS less often. Bridge when today's occupancy will not clear any of those boxes.
Capital Market Funds is not a Fannie Mae DUS lender and not an Optigo Seller/Servicer. We originate the Arizona file from Scottsdale and place it with the party who executes the program. We do not claim MAP or LEAN approval on HUD.
Published Arizona multifamily is Harvard Court in Phoenix, a $1,350,000 cash-out refinance in 2022, and a 2026 Capital Market Funds closing of $28,000,000 on value-add multifamily in Tucson, life company, 80% LTC. Phoenix is Maricopa. Tucson is not. Neither card is a Fannie Mae loan.
Sources for Arizona multifamily
- Fannie Mae
Stabilized Arizona multifamily. Originated to Fannie Mae. Not a DUS lender.
- Freddie Mac
Optigo conventional, targeted, and value-add. We are not the seller/servicer.
- HUD / FHA
223(f), 221(d)(4), and 232 with a HUD-approved lender. Not MAP or LEAN approval.
- Life company
Permanent debt for core cash flow. Rate lock is typically at application.
- Bridge and private
Transitional capital sourced from private investors, with a takeout in mind.
- Lease-up and value-add
Bridge or a fitting permanent box. Construction is not a standalone product.