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Ashley Wilson
  • Rental Property Investor
  • Radnor, PA
125
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Financing an Apartment via Institutional Funding

Ashley Wilson
  • Rental Property Investor
  • Radnor, PA
Posted

Has anyone ever used institutional financing to fund the purchase of a large apartment deal ($30mil +)?  I am having difficulty finding a lot of people who have done this, and I would really like to learn more about it. 

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Andrew Beauchemin
  • Real Estate Broker
  • Philadelphia, PA
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Andrew Beauchemin
  • Real Estate Broker
  • Philadelphia, PA
Replied

@Ashley Wilson I broker these kinds of transactions for a living.  There are plenty of equity groups out there, but they don't all like to advertise publicly.  I'd say maybe 1/3 of my guys don't even have a website (let alone a website suitable for 2019 standards!).  Every group has a different appetite, and it can be a challenge to match the right group with your specific type of deal.  Don't be afraid to hit the phones, most of my leads come through warm referrals.

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