3 Multifamily Asset Portfolio – Acquisition

Southwest, US


Funding Purpose

Tauro Capital Advisors was engaged on an exclusive basis to place a loan for the refinance of a 3 property portfolio.

Property Description

The three multifamily properties have 195 units combined, and they’re all located in a major western city. The overall vacancy rate is 3.6% with an average rent/SqFt of $1.42.


The sponsor began investing in multi-family properties in 2012. His current portfolio consists of 9 multifamily properties in the Southwest.


  • Crime report showed a murder at one of the properties making the lender uneasy.
  • Property management failed to accurately document rent roll and cash flow.


  • Utilized the Advisory Services team to get data on the crime history and reconstruct property financials.
  • Back and forth negotiations led to great terms.


  • Loan to Value: 65%
  • Interest Rate: 3.5% interest only
  • Term: 10 years
  • Recourse: Non-recourse
  • Interest Only: 10 years
  • Prepayment: Yield Maintenance

Managing Director  | Capital Advisor