Multifamily Financing

Multifamily Financing in Chicago, IL

Chicago is the Midwest's dominant commercial real estate market, featuring a massive industrial base, strong multifamily fundamentals, and a diversified economy spanning finance, technology, manufacturing, and logistics. The metro's central location and extensive transportation infrastructure make it a critical logistics hub.

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Multifamily in Chicago

Financing for Chicago Multifamily Properties

CLS CRE provides comprehensive financing for multifamily properties in the Chicago-Naperville-Elgin 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
Track Record

Multifamily Deals Near Chicago

Selected multifamily transactions in and around the Chicago-Naperville-Elgin market.

125-Unit Ground Up - Seattle, WA
Construction
$60,000,000
125-Unit Ground Up
Seattle, WA
Ground-up construction financing for a 125-unit luxury apartment development in Seattle's booming residential market.
Multifamily Apartments - Washington, DC
Construction
$55,000,000
Multifamily Apartments
Washington, DC
Construction financing for a 250-unit luxury apartment development in DC’s Navy Yard neighborhood, one of the District’s fastest-appreciating submarkets with a thriving waterfront dining and entertainment scene.
Multifamily Apartments - Miami, FL
Construction
$52,000,000
Multifamily Apartments
Miami, FL
Ground-up construction financing for a luxury 220-unit apartment tower in Miami’s Brickell corridor, one of the nation’s fastest-growing urban submarkets driven by corporate relocations and international capital inflows.

Other Property Types in Chicago

Industrial
Chicago, IL
Retail
Chicago, IL
Office
Chicago, IL
Mixed-Use
Chicago, IL
Hospitality
Chicago, IL
Self-Storage
Chicago, IL
Data Centers
Chicago, IL
Senior Living
Chicago, IL
Medical Office
Chicago, IL

Financing in Chicago

Explore loan programs available for Chicago commercial properties.

Permanent Loans
Chicago, IL
Construction Loans
Chicago, IL
Bridge Loans
Chicago, IL
SBA Loans
Chicago, IL
Mezzanine & Preferred Equity
Chicago, IL
Specialty Financing
Chicago, IL

Multifamily Financing in Other Cities

Los Angeles, CA New York, NY Phoenix, AZ Dallas, TX Houston, TX Miami, FL Atlanta, GA Denver, CO Seattle, WA San Diego, CA San Francisco, CA Austin, TX Nashville, TN Tampa, FL Charlotte, NC Minneapolis, MN Portland, OR Las Vegas, NV Orlando, FL Raleigh, NC Salt Lake City, UT San Antonio, TX Kansas City, MO Columbus, OH Indianapolis, IN San Jose, CA Philadelphia, PA Washington DC, DC Detroit, MI Boston, MA Baltimore, MD Sacramento, CA St. Louis, MO Pittsburgh, PA Cincinnati, OH Cleveland, OH Jacksonville, FL Milwaukee, WI Memphis, TN Oklahoma City, OK Louisville, KY Richmond, VA Virginia Beach, VA New Orleans, LA Birmingham, AL Hartford, CT Tucson, AZ Boise, ID Omaha, NE Tulsa, OK Honolulu, HI Albuquerque, NM El Paso, TX Riverside, CA Charleston, SC Greenville, SC Knoxville, TN Fort Worth, TX Savannah, GA
FAQ

Multifamily Financing in Chicago FAQ

multifamily properties in Chicago 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 Chicago-Naperville-Elgin market.
Current multifamily loan rates in Chicago 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 Chicago-Naperville-Elgin area benefits from Chicago is the Midwest's dominant commercial real estate market, featuring a massive industrial base, strong multifamily.... Contact CLS CRE for a detailed market assessment and financing options for your Chicago multifamily property.
Non-recourse financing is available for qualifying multifamily properties in Chicago 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 Chicago 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 Chicago Multifamily Property

Contact CLS CRE for a free, no-obligation quote on multifamily financing in Chicago. We respond within 24 hours.

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Or call us: 310.758.4042

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