Improve Cash Flow, Property Value, and Sustainability with Energy Saving Retrofits.
Green Financing for Multifamily Apartments
Purchase, Retrofit, Refinance
Green Financing is available for multifamily apartments nationwide. Investors who finance energy saving retrofits, enjoy lower interest rates and more favorable loan terms.
With options from Fannie Mae, Freddie Mac, and HUD-FHA, our experienced professionals can help qualify your property and guide you through the green loan process.
How Do Green Loans Work?
SMARTER ENERGY USE
Multifamily owners who invest in energy saving products enjoy lower utility costs and higher cash flows. These savings are significant. Products like water-efficient fixtures, LED lighting, low-flow toilets, solar panels, and energy management systems all contribute to a successful green financing renovation.
Lower Rates - Higher LTV - More Proceeds
Flexible Terms
More Options
Personalized
LEED Certified
Fannie Mae, Freddie Mac, HUD-FHA
Multifamily Loan Programs
Fannie Mae Green Rewards
Fannie Mae offers multiple green lending programs that allow investors to re-position older apartments. Borrowers who finance energy-saving upgrades are rewarded with higher proceeds & lower rates.
Freddie Mac Green Advantage
What differentiates Freddie’s Mac Green Advantage, is the focus on affordable rents. In order for properties to qualify, they must offer a certain percentage of units at rents deemed affordable at workforce housing levels. These requirements vary by market.
Better Quality of Life
Create durable, healthy, and higher-quality housing for residents and their families. By upgrading apartments with better lighting, sustainable design, and energy-efficient fixtures – tenants can enjoy a safer and more enjoyable quality of life. Happy residents become long-term residents.
Sustainable Housing
As our population grows, natural resources are being strained more than ever. Energy saving upgrades eliminate wasteful use of electric, gas, and water. Apartment renovation loans and green financing promote sustainability and help preserve our environment for future generations.
Increase Returns with Less Capital using Green Financing
When clients are financing and renovating older buildings, I use a “Paid-From-Savings” approach. This lending strategy leverages the utility savings and increased cash flow. By financing repairs and upgrades, owners can increase returns with less capital by taking advantage of low interest rates.
Michael Reible
Commercial Mortgage BrokerPerfect for Value-Add
AVAILABLE NATIONWIDE
76% of Apartments - Over 20 Years Old
According to Reonomy, there are currently 1,675,722 multifamily apartment buildings in the United States. Of these existing properties, close to 80% were built prior to 2000.
These aging and outdated properties have millions of dollars in upside potential, and make great value-add opportunities for investors.
Retrofits - Unlock "Upside Potential"
Retrofitting is the addition of new technology and efficient features to older outdated systems. Investors can reduce capital expenditures as the retrofits will lower future maintenance costs and increase reliability.
Water, gas and electricity costs will rise significantly in the coming years. By embracing new technology and smarter systems, property owners can eliminate waste, lower operating expenses, and increase profitability.
Freddie Mac
US Building Council LEED USGBC
Fannie Mae
LEED Certified
HUD-FHA Multifamily
