Financing for Multifamily and Commercial Properties in Chicago, IL
From Bucktown to the Lower West Side, Printer’s Row, Streeterville, and all neighborhoods in the area, commercial real estate investors are finding opportunities to generate revenue. Magis Funding Solutions, LLC provides financing for commercial real estate of all types, ranging from single-family to multifamily properties, new construction, fix and flip projects, and more.
Financing for Multifamily Properties in Chicago, IL
Commercial real estate investors in Chicago, IL understand the earning potential of multifamily properties. Magis Funding Solutions, LLC offers flexible financing for multifamily properties that can be tailored to fit the size and scope of any transaction. Our multifamily financing program features:
- Loan amounts from $100,000 to $25 million
- Down payments as low as 20%
- Rates as low as 3.85%, 30-year fixed for 1-4 families
- Rates as low as 4.50% for 5-20 multifamily structures
Our rental property financing program also offers the following options:
- Purchase, value-add/rehab, and refinance SFRs
- Also 204 family, 5+ multifamily, and rental portfolios
- Refinance with cash-out for any purpose
- No seasoning requirement
- Vacation rental financing (minimum 20% down payment)
Bridge and Hard Money Loans for Multifamily and Commercial Properties in Chicago, IL
Bridge and hard money loans are very versatile, and can be used for a wide range of purposes, including renovations, property purchases, construction, partner buyouts, and more. Bridge and hard money loans from Magis Funding Solutions, LLC include:
- Financing from $100,000 up to $100 million
- Up to 80% LTV
- Interest-only amortizations
- Fast closings
- Low interest rates
Conventional Loans for Multifamily and Commercial Properties in Chicago, IL
Magis Funding Solutions, LLC provides conventional loans for commercial real estate throughout Chicago, IL. Our conventional real estate loans are designed for owner-occupied and stabilized properties, and offer the following benefits:
- Financing up to $100 million
- Up to 75% LTV
- Terms up to 10 years
- Amortizations up to 30 years
CMBS Conduit Loans for Commercial Real Estate in Chicago, IL
Magis Funding Solutions, LLC offers CMBS conduit loans for commercial real estate, including multifamily dwellings in Chicago, IL. Our commercial mortgage-backed securities conduit loans include:
- Financing up to $50 million and beyond
- Up to 80% LTV
- Amortizations up to 30 years
- Fixed rate options
- Non-recourse options available
Construction Loans for Projects in Chicago, IL
Construction loans from Magis Funding Solutions, LLC can to scaled to fit projects of any size. We offer temporary to permanent financing for construction projects in Chicago, IL with loans that feature:
- Loan amounts from $2 million to $50 million
- Terms up to 5 years
- Fixed interest rates
- Amortizations up to 25 years
- No upfront fees
- Funds available within 45 days
- Collateral considered: Land, real estate and equipment
- Nationwide availability
HUD and FHA Loans for Commercial Properties in Chicago, IL
Magis Funding Solutions, LLC provides HUD and FHA loans for properties such as managed care facilities, senior housing, multifamily apartments, and more. Our HUD and FHA loans feature a wide range of benefits, including:
- Financing from $2 million on up to $50 million
- Non-recourse options
- Permanent funding
- Credit enhancements
- Full amortizations
- Low permanent fixed rates
- Fully assumable
- Integrated construction
- Tax exempt financing
Contact Us
To get the financing you need for your next multifamily or commercial real estate transaction, contact the team at Magis Funding Solutions, LLC.