California Multifamily Apartment Loans:

Viva Financial offers a variety of loans for apartments with five units or more. Whether it's a small property or a large complex with several hundred units, Viva Financial has the ability to place the loans with the rates and terms that best fit the borrower's needs.

• Permanent Loans Fully amortized 30-year loans on Adjustable Rate Programs. Loans may be tied to a variety of different indices from 11th District Cost of Funds, MTA, CMT, or the 6-month LIBOR.
• Fixed Rate Loans with terms of 3, 5, 7, 10, or 15 years with 30-year amortizations. Some programs are available that roll to an adjustable loan at the end of the fixed rate period.
• Bridge Loans Short term loans for turnaround situations. Earn-outs and interest reserves can be built into the loan until the property reaches stabilization.
• Conversion Loans Converting an old office or industrial building into loft apartments, Viva Financial can locate the rehab money and the permanent money for these types of projects.

California Commercial Loans:

• Shopping Centers - Anchored or non-anchored centers.
• Retail Stores - Short-term leases and "mom and pop" tenants can be accommodated.
• Power Centers - Big Box users
• Office Buildings - All types from small professional buildings to high rise office buildings.
• Single Tenant - Whether it is a credit tenant or not, Viva Financial has the sources to fund you loan.
• Hotels - From small independent motels to large flagged or chain hotels.
• Mixed Use - Office over retail or apartments over retail - it does not matter. Viva Financial has the lenders that want to fund these types of properties.
• Special Purpose - Typically, lenders have trouble with special purpose properties; however, at Viva Financial we can finance all types of single purpose properties. Viva Financial has funded many properties that are normally difficult to finance.
• Industrial - Old and new, single-tenant, multi-tenant, or owner-user loans are available.
• SBA - Small Business Administration Loans

Contact Paul Schectman at Viva Financial to review your Multifamily and Commercial mortgage loan options.