Multifamily Financing in Albany, NY

The Capital Region of New York State, anchored by Albany, Schenectady, and Troy, is built on state government, higher education, and a rapidly expanding semiconductor and nanotechnology cluster centered on GlobalFoundries' fab in Malta and the Albany NanoTech Complex at SUNY Polytechnic. Major employers include New York State agencies, Albany Medical Center, St. Peter's Health Partners, the State University of New York, Rensselaer Polytechnic Institute, and an increasing roster of advanced manufacturing tenants supporting the regional chip supply chain. Industrial absorption along the I-87/I-90 interchange is strong, and the metro's mid-Hudson and Adirondack tourism economies underpin select-service and limited-service hotel demand.

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Financing for Albany Multifamily Properties

CLS CRE provides comprehensive financing for multifamily properties in the Albany-Schenectady-Troy market. Whether you're acquiring, refinancing, or developing multifamily assets, our 1,000+ lender relationships ensure you get the most competitive terms available.

Multifamily Subtypes We Finance

  • Conventional Apartments
  • Garden-Style Communities
  • Mid-Rise & High-Rise
  • Manufactured Housing / Mobile Homes
  • Student Housing
  • Senior Living & Assisted Living
  • Affordable / Workforce Housing
  • Single-Family Rental Portfolios

Financing Options

  • Agency (Fannie Mae / Freddie Mac)
  • Bank Permanent Loans
  • Life Insurance Company Loans
  • CMBS
  • Bridge & Value-Add
  • Construction

Multifamily Deals Near Albany

Selected multifamily transactions in and around the Albany-Schenectady-Troy market.

Multifamily Apartments - New York, NY
Permanent
$26,000,000
Multifamily Apartments
New York, NY
Permanent financing for a stabilized 95-unit apartment building in the South Bronx, benefiting from continued revitalization along the Grand Concourse and proximity to major transit connections.

Financing in Albany

Explore loan programs available for Albany commercial properties.

Multifamily Financing in Other Cities

Multifamily Financing in Albany FAQ

multifamily properties in Albany can access financing from banks, life insurance companies, CMBS lenders, debt funds, and agency programs (for multifamily). Rates and terms depend on the specific property, tenancy, and borrower profile. CLS CRE provides customized options for the Albany-Schenectady-Troy market.
Current multifamily loan rates in Albany range based on the financing type: permanent loans from 5.34% to 8.25%, bridge loans from 6.79% to 13.04%, and construction loans from 6.79% to 13.04%. Contact CLS CRE for rate quotes specific to your property.
The multifamily market in the Albany-Schenectady-Troy area benefits from The Capital Region of New York State, anchored by Albany, Schenectady, and Troy, is built on state government, higher ed.... Contact CLS CRE for a detailed market assessment and financing options for your Albany multifamily property.
Non-recourse financing is available for qualifying multifamily properties in Albany from life insurance companies, CMBS conduits, and select debt funds. Requirements include sufficient property value, strong cash flow, and experienced borrower sponsorship.
Commercial loans for multifamily properties in Albany typically start at $1,000,000 for bank financing and $1,000,000 for agency programs. SBA loans start at $1,000,000 for qualifying owner-occupied properties. Contact CLS CRE for options specific to your deal size.

Finance Your Albany Multifamily Property

Contact Commercial Lending Solutions for a free, no-obligation quote on multifamily financing in Albany. We respond within 24 hours.

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