Multifamily Financing in Detroit, MI

Detroit's commercial real estate market is experiencing a significant renaissance, driven by the automotive industry's EV transition, a growing technology sector, and billions in new investment across the metro. The market offers some of the most attractive cap rates in the nation, strong industrial fundamentals, and a revitalized downtown core attracting young professionals.

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Financing for Detroit Multifamily Properties

CLS CRE provides comprehensive financing for multifamily properties in the Detroit-Warren-Dearborn 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 Detroit

Selected multifamily transactions in and around the Detroit-Warren-Dearborn market.

Multifamily Apartments - Detroit, MI
Bridge
$9,800,000
Multifamily Apartments
Detroit, MI
Bridge financing for a value-add multifamily acquisition in Detroit's Midtown submarket, capitalizing on the metro's urban renaissance and strong rental demand near Corktown and the Wayne State University medical corridor.

Financing in Detroit

Explore loan programs available for Detroit commercial properties.

Multifamily Financing in Other Cities

Multifamily Financing in Detroit FAQ

multifamily properties in Detroit 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 Detroit-Warren-Dearborn market.
Current multifamily loan rates in Detroit 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 Detroit-Warren-Dearborn area benefits from Detroit's commercial real estate market is experiencing a significant renaissance, driven by the automotive industry's E.... Contact CLS CRE for a detailed market assessment and financing options for your Detroit multifamily property.
Non-recourse financing is available for qualifying multifamily properties in Detroit 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 Detroit typically start at $500,000 for bank financing and $750,000 for agency programs. SBA loans start at $250,000 for qualifying owner-occupied properties. Contact CLS CRE for options specific to your deal size.

Finance Your Detroit Multifamily Property

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

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