Improve Cash Flow, Property Value, and Sustainability with Energy Saving Retrofits.
Green Financing for Multifamily Apartments
Purchase, Retrofit, Refinance
Green Financing Loans are available to commercial real estate investors nationwide. These creative programs help multifamily apartment owners increase cash flow, improve property value, and create sustainable housing with energy-saving retrofits.
Investors who finance energy saving upgrades, enjoy lower interest rates and more favorable loan terms. With options from Fannie Mae, Freddie Mac, and HUD-FHA, our professionals can help qualify your property and guide you through the process.
Fannie Mae, Freddie Mac, HUD-FHA, CMBS, Bank, C-PACE
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 Pricing - More Proceeds - Higher LTV
Flexible Terms
More Options
Personalized
LEED Certified
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.
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.
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 BrokerJOIN THE MOVEMENT
Investors Nationwide are using Green Loans
1675722 Apartment Buildings in the U.S.
80% 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, more than 80% of the buildings 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 maintenance costs and increase reliability.
Fannie Mae, Freddie Mac, and HUD-FHA all offer green financing options with incentives that are linked to energy savings and sustainability. These are great tools for multifamily investors that buy or sell apartment buildings that need repairs or upgrades.
Freddie Mac
US Building Council LEED USGBC
Fannie Mae
LEED Certified
HUD-FHA Multifamily
