Building a major multi-family community from the ground up requires a good market, experienced sponsor group, well located land, friendly low-rate debt, and a rock-solid plan. For our latest financing assignment, we provided River Music with the highest LTC leverage at the lowest rate of construction financing. We secured a HUD loan to get the shovels in the ground with 87% Loan to Cost. Our client was thrilled to secure over $47 million with extraordinary terms that really make this deal sing for 42 years.

Let us be honest, expensive debt can quickly drain the excitement right out of real estate investing. We recently worked with a fantastic client who found themselves stuck in high-interest private loans that were completely eating up their cash flow. The clock was ticking to pay off the lenders, but we were ready to help them turn things around.

Making the leap from a portfolio of single-family rentals to your very first multifamily asset is a huge milestone for any investor looking to build real scale. We recently had the pleasure of making this exact transition a reality for a client in Greenville, NC.

Sunnybrook is an 18-unit townhome community located in Greenville, North Carolina. The borrower originally built the asset from the ground up in 2022, creating a highly desirable, newly constructed product in the local market.

The Ecker Apartments is a multifamily property in High Point, North Carolina, a core Piedmont Triad market supported by manufacturing, logistics, and healthcare employment. The area continues to benefit from consistent workforce housing demand and stable renter turnover. The asset fit cleanly within lender expectations for the market, and the objective was straightforward: refinance the property while maintaining loan proceeds and securing predictable debt service.

Woodland Heights is a 144-unit multifamily community located in Sanford, North Carolina. The property is owned by a repeat client, and this transaction marked the second time Sweetwater Capital has financed the asset.