Peoria files are often newer multifamily and retail that followed housing to the northwest, plus industrial that serves that trade area. Capital Market Funds does not quote a Peoria cap rate on this page. We originate the loan once we have the asset, the occupancy, and the purpose.
Permanent Peoria debt is life company, bank, or CMBS for commercial assets, and Fannie Mae, Freddie Mac, or HUD for apartments that qualify. A lease-up or a renovation that permanent credit will not take today is bridge. We do not offer construction as a standalone product. HUD 221(d)(4) remains the HUD path for substantial rehab and new multifamily, with a HUD-approved lender.
Surprise is the next city north and west and has its own page. Neither city has a published tombstone. The county page holds the Maricopa closings we can name.
Senior debt for Peoria
- Fannie Mae
Stabilized Arizona multifamily. Originated to Fannie Mae. Not a DUS lender.
- Life company
Permanent debt for core cash flow. Rate lock is typically at application.
- Bank and credit union
Portfolio hold when the relationship, not a securitization box, is the point.
- CMBS
Conduit or single-asset when life company or bank credit will not stretch.
- Bridge and private
Transitional capital sourced from private investors, with a takeout in mind.
- HUD / FHA
223(f), 221(d)(4), and 232 with a HUD-approved lender. Not MAP or LEAN approval.