Fayetteville Apartment Building Loans

At Select Commercial, our primary expertise in is in apartment/multifamily financing. We're dedicated to providing the most competitive rates and tailored solutions for multifamily investments in the area. However, if you're also exploring broader commercial real estate opportunities in other areas of North Carolina, our state-specific commercial mortgage page offers a wealth of information and resources. For those seeking comprehensive rates on all loan products available across the 48 states, our comprehensive commercial mortgage rate page offers competitive rates for loans starting at $1,500,000.

Fayetteville Multifamily Loan Rates - updated 04/19/24

Multifamily Loan > $6Million Get Free Quote
Loan Type Rate* LTV
Multifamily 5 Yr Fixed 5.96% Up to 80%
Multifamily 7 Yr Fixed 5.91% Up to 80%
Multifamily 10 Yr Fixed 5.88% Up to 80%
Multifamily Loan < $6Million Get Free Quote
Loan Type Rate* LTV
Multifamily 5 Yr Fixed 6.22% Up to 80%
Multifamily 7 Yr Fixed 6.12% Up to 80%
Multifamily 10 Yr Fixed 6.11% Up to 80%
*Rates start as low as the rates stated here. Your rate, LTV and amortization will be determined by underwriting.

Fayetteville Multifamily Loan Benefits

Fayetteville Apartment Loan rates start as low as 5.88% (as of April 19th, 2024)
• A commercial mortgage broker with over 30 years of lending experience
• No upfront application or processing fees
• Simplified application process
• Up to 80% LTV on multifamily financing 
• Terms and amortizations up to 30 years 
• Multifamily loans for purchase and refinance, including cash-out 
• 24 hour written pre-approvals with no cost and no obligation

Our Reviews

Latest Expert Insights from Stephen A. Sobin

Stephen A. Sobin, the president of Select Commercial Funding LLC, is a renowned expert in the field of multifamily financing. His insights and perspectives are regularly sought by leading industry publications. Here are his latest contributions that highlight his deep understanding of the multifamily financing landscape and his commitment to providing clear, insightful analysis on key industry issues.

Persistent Inflation and Its Effects on CRE

In an article featured in Multi-Housing News, Stephen Sobin highlighted that while inflation is still a challenge for the Federal Reserve, there are many positive signs for the commercial real estate industry. The headline Consumer Price Index rose 3.2 percent for the year ended Feb. 29, a figure 20 basis points lower than the Dec. 31, 2023, rate. read the full article.

Commercial Spotlight: Mid-Atlantic Region In this four-state powerhouse, smaller metros are thriving.

In a feature in Scotsman Guide, the Mid-Atlantic Region's real estate dynamics are explored, highlighting its resilience and growth amidst the pandemic.

Stephen Sobin of Select Commercial Funding LLC shared insights on the New York market's allure and the challenges buyers face. He noted the shift from primary urban areas to tertiary markets due to evolving preferences and financial conditions. For a deeper dive into Sobin's analysis, read the full article.

What the New Jobs Report Means for CRE

In an article titled "What the New Jobs Report Means for CRE" in Commercial Property Executive, Stephen Sobin shared his perspective on the latest jobs report and its implications for the Commercial Real Estate (CRE) sector. He highlighted the challenges posed by high interest rates and the prevailing uncertainty in the market. Sobin remarked, "Sellers aren’t selling, buyers aren’t buying... Everyone is waiting because no one knows what to expect." For a detailed analysis and more of Sobin's insights, read the full article.

Decoding "Junk Fees" in Rental Housing

In another latest contribution to Multi-Housing News, Sobin provided expert commentary in an article titled "What's Next for Junk Fees? The Industry Weighs In". He clarified the difference between legitimate fees collected for various third-party services and so-called "junk fees". Sobin emphasized the importance of borrowers understanding their rights in negotiating all loan terms and the obligation of lenders to disclose all fees.

Understanding the Impact of Federal Reserve's Decisions

In a recent article titled "How the Fed's Pause on Interest Rates Impacts Multifamily" published by Multi-Housing News, Sobin shared his expert insights on the Federal Reserve's decision to pause interest rate hikes. He accurately predicted that the Fed would not raise rates in June, citing recent bank failures and lingering concerns about a potential recession.

Stay tuned for more expert insights from Stephen A. Sobin on the evolving multifamily financing landscape.


Frequently Asked Questions

Is multi-family real estate a good investment in 2023?

Inflation fears, high interest rates, and the prospect of recession have slowed the pace of the commercial real estate market considerably. Some property types are outperforming others. Apartment buildings in desirable neighborhoods are performing well, as owners have been able to raise rents and keep up with rising interest rates. Multifamily properties in smaller and less desirable areas, or areas where unemployment is rising, are not performing as well, as rent increases are harder to implement. In the office sector, only medical office buildings are generating lender interest. General office properties have underperformed the market as a result of the work from home policies established during the Covid-19 pandemic. Office demand is unlikely to return to pre-Covid levels making the office sector extremely hard to navigate right now. In the retail sector, essential service businesses, such as grocery stores and pharmacies, are performing well, while traditional brick and mortar retailers are still feeling the effects of Covid-19 and the competition from online retailers. Many malls are experiencing record high vacancy levels, and some are being repositioned for other purposes. In the industrial sector, we are seeing strong demand for warehouse and distribution space to accommodate the online retailers. Industrial space in urban markets and close to transportation are performing very well. We expect to see sales prices for underperforming properties to drop in 2023 as investors gravitate to better positioned properties.


There are many different types of lenders offering a myriad of different loan products to finance the acquisition or refinance of apartment properties nationwide. These lenders include agency lenders (Fannie Mae and Freddie Mac), local and national banks, insurance companies, credit unions and private lenders.

Most lenders write apartment loans for five, seven or ten years (fixed) with a 30 year amortization. It is also possible to obtain loans that are fixed for up to 30 years, although this is not the norm. Rates are typically based on a margin over the corresponding US Treasury rate.

Lenders offer non-recourse to strong borrowers and solid properties. The borrower will be expected to have strong credit, good net worth and liquidity, and experience owning and managing similar properties. The property will be expected to demonstrate solid long term positive cash flow, be in good to excellent condition, and be located in a strong market with low vacancy rates.

Apartment loans are typically screened and pre-approved in 2-3 days. Since lenders require appraisals, environmental and property condition reports, and title, closings will usually take 45-60 days from application.

Recent Banking Failures Likely To Impact North Carolina Multifamily Lending

The recent collapse of Silicon Valley Bank and Signature Bank has sent shockwaves through the business and real estate lending sectors. As a leading NC commercial mortgage broker with over 30+ years of experience, Select Commercial knows that the multifamily sector is not immune to these developments. Here's how these banking failures could impact multifamily lending:

Regional Banks Under Pressure

Regional banks, which provide significant liquidity to the apartment sector, are likely to face increased pressure. The collapse of SVB and Signature Bank has raised concerns about the stability of smaller banks. This could lead to a pullback from regional banks providing loans to the multifamily sector, making it more challenging for developers and investors to secure financing.

Development Challenges

Developers could face significant challenges, particularly in securing construction loans and value-add renovation dollars. The current environment is leading to a slowdown in construction lending and a return to traditional underwriting and banker skepticism. This could particularly impact the affordable housing sector, where developers need their financing lined up to secure tax credits.

Volatility in the CMBS Market

CMBS loans have experienced turbulence following the bank failures. This volatility could impact a new crop of lenders that have emerged over the past half-decade, many of which are capital markets-dependent. If the securitization market stabilizes, some of the CMBS and bridge lenders may re-enter the market to fill the liquidity gaps left by regional lenders.

Interest Rate Uncertainty

The bank failures could also contribute to uncertainty around commercial mortgage rates. If these failures lead to a slowdown in rate hikes by the Federal Reserve, this could potentially benefit the commercial real estate market in the long run. However, it's too early to predict the exact impact on apartment transaction volume.

In summary, the recent banking failures have the potential to significantly impact how banks handle multifamily loans. We will closely monitoring these developments to provide the best advice and service to my clients during these uncertain times.


Apartment Loan Basics

Apartment Loan Types We Serve

If you are looking to purchase or refinance a Fayetteville apartment building, don't hesitate to contact us. We arrange financing in the city of Fayetteville for the following:

  • Large urban high-rise multifamily buildings
  • Suburban garden multifamilycomplexes
  • Small multifamily buildings containing 5+ units
  • Underlying cooperative multifamily building loans
  • Portfolios of small multifamily properties and/or single-family rental properties
  • Other multi-family and mixed-use properties


Apartment Loans - Lending Options

Apartment Loan Helpful Articles

How to Get the Best Rate on a Multifamily Loan
How to Buy an Apartment Building
Uncomplicated Underwriting
How to Invest in an Apartment Building
Are You Shopping for an Apartment Building Loan?
How To Get The Best Rates On An Apartment Refinance

Recent Multifamily Loan Closings

Fayetteville Apartment Loan Rental Data for Multifamily Investors

Fayetteville is a city located in the northwest region of Arkansas, in the United States, with a population of approximately 90,000 people. The rental market in Fayetteville is diverse, offering a range of rental options such as single-family homes, townhouses, apartments, and condos.

The average rent for a one-bedroom apartment in Fayetteville is around $850 per month, while a two-bedroom apartment typically costs around $1,000 to $1,200 per month. Rental prices can vary depending on the location, amenities, and size of the property.

Some of the most popular neighborhoods for renters in Fayetteville include Downtown Fayetteville, which offers a mix of historic homes and modern apartments, and the University of Arkansas campus area, which has a wide range of rental options and is popular among students. There are several property management companies in Fayetteville, such as Lindsey Management, Trinity Multifamily, and Lindsey & Associates, which can assist property investors in finding available properties that match their needs.

Overall, the rental market in Fayetteville is relatively affordable compared to other cities in Arkansas and major metropolitan areas in the United States. The city also offers a range of options in terms of location and type of property, making it a popular choice for property investors. Additionally, Fayetteville is known for its vibrant cultural scene, excellent outdoor recreational opportunities, and strong job market.

How do we help our clients needing financing for a multifamily apartment building get the best rate and terms?

Fayetteville Apartment Building Fayetteville
Apartment Loan

Select Commercial has excellent apartment loan products and options available for owners and purchasers in need of multifamily properties throughout the city of Fayetteville. Whether you need an apartment lender to finance a small apartment property, a complex with hundreds of units, or a co-operative, we can help you find the optimal apartment loan solution to meet your apartment loan needs. While we lend across the entire continental US, we are able to give our best rates and loan programs to certain areas that we feel are strong markets. Fayetteville is one of the cities that we consider to be a premium market and we actively look to originate good quality apartment loans here for our clients. We have a diverse array of many available loan products to help qualified borrowers looking to purchase or refinance an apartment property. We offer apartment loans with terms and amortizations up to 30 years, recourse and non-recourse, and many options for prepayment. We typically approve Apartment building loans within 1 day and usually close within 45 days of application. Our clients love our simplified application process, 24-hour pre-approvals with no-cost and no-obligation, great rates and terms, fast closings and personalized service. If you are looking to purchase or refinance an apartment building, don't hesitate to contact us. For more information on multifamily loans, check out how to get the best rate on a multifamily loan and how to get the best rates on an apartment refinance.

Whether you are purchasing or refinancing, we have the right solutions available for your multifamily mortgage loans. We will entertain apartment loan requests of all sizes, beginning at $1,500,000. Get started with a Free Commercial Mortgage Loan Quote.

Fayetteville Apartment Loans

Select Commercial provides apartment loans throughout Fayetteville, North Carolina including, but not limited to, the areas below. We provide apartment loans in most major cities throughout the United States.

Acorn Ridge Alderman Run Arden Forest Arran Hills Arran Lakes Asbury Ascot Autumn Chase Baytree Baywood Baywood Acres Baywood Point Baywood South Baywood Village Beaver Run Belle Arbor Birch Creek Blakefield Bone Creek Bordeaux Borden Heights Brettonwood Briarcreek Briarwood Hills Brook Run Brookshire Buckhead Cambridge Camden Woods Cape Fear Crossing Carolina Pines Castlefield at Millstone Cedar Falls Churchill Manor Clairway South Hills Cliffdale Forest Colinwood Park College Lakes Cottages at North Ramsey Cottonade Country Club North Country Walk Courtyards Daltons Ridge Davis Estates Devonwood Dobbin Oaks Dove Field Eastover Eden Edens Farm Ellerslie Elmwood Englewood Estates of Camden Fairfax Place Fairfield Fairfield Farms Farmington Farrington Fire Stone Forest Creek Forest Lakes Fox Ridge Gates Four Glynn Mill Farm Grays Creek Villas Great Oaks Greenbrier Greenwood Greystone Farms Hampton Oaks Harris Place Haymount Heathcliff at Westpoint Hillendale Holbrook Farms Holly Chase Howard Acres Hunters Crossing Hunters Ridge Huntington Inverness James Creek North James Creek South at Treyburn Jefferson Village Kamenbury Kensington Village Kingsford Kings Grant Kings Grant II Kings Mill Kinwood by the River Kinwood Oaks Lafayette Heights Lagrange Lakedale Lake Lynn Lakeridge Lake Rim North Lake Shore Lakeside at Snow Hill Lake Valley Lancaster Landsdowne II Landsdowne West Legacy At Traemoor Lexington Woods Liberty Hill Little River Farms Lockwood Longbranch at Grays Creek Longleaf Mariners Pointe McKinley Reserve McPherson Meadow Walk Montibello Murphy Acres Murray Hill Newcastle Newton Place North Hills Northleigh Estates North Ridge Park Notting Hill Palms at Summer Grove Parkers Ridge Park Place Patriot Park Village Pear Tree Pebble Creek Pheasant Ridge Pine Valley Pine Winds Ponderosa Preston Quail Ridge Queensdale Ravenwood Rayconda Remington Reveres Run Ridge Wood Riverbluff Rivercliff River Glen Riverview Estates Robinwood Rockfish Cove Roundtree Runnymeade Acres Saddle Ridge Scotsdale at Eastover Scotts Mill North Scotts Mill South Scotty Hills Seabrook Estates Seven Oaks Shadowlawn Shamrock Shenandoah Skye Drive South Creek Southgate Southland Pines South Peak At Millstone Southwood Springfield Springfield Crossing Stonebridge Stone Creek Stonegate Stone Mountain Stonewood Stoney Point Stoney Point South Summer Grove Summer Lakes Summertime Surrey Meadows Swans Creek Tallywood Tarleton Plantation The Bluffs at Treyburn The Greens The Knolls at Parkers Ridge The Knolls On Cliffdale The Lakes The Preserve at Lake Upchurch The Village at Sycamore The Village of Fox Ridge The Woodlands The Woods at Birch Creek Thornwood Tiffany Pines Traemoor Manor Tullamore at Vanstory Tunbridge Vander Vanstory Hills Village at Rockfish Village Commons Village Walk Vineland Park Walking Shores Warrenwood Estates Waters Edge Wedgewood Wellington Place Wells Place Welmar Heights Wendemere Wendover Wessex Place Westhaven Westmont Westmont Oaks Westpoint Westwood Whitley Place Wickliffe Williamsburg Plantation Willowbend Winbury Wind Song Woodbridge Woodland Village Woodlea Woodmark Woods Edge Wynnhaven Yadkin Acres