Brown Multifamily Advisors

According to Jay Shaw, owner of the Columbus, Ohio mortgage banking firm Inland Financial, such smaller lenders fill a very important niche in multifamily lending.  “There are many sponsors who seek flexible, fixed-rate loans in the Columbus market”, says Shaw.   “Most often, this is for acquisition and rehabilitation or new construction deals, where the sponsor seeks higher leverage, a period of interest-only payments during the build-out phase and flexible prepayment terms upon sale.   In the current low interest rate environment, we are seeing considerable demand for such loans.   And in situations where the sponsor intends to sell the asset upon stabilization, regional and community bank lenders offer product types that are a perfect fit.”  Contact Brown Multifamily Advisors to learn more about financing multifamily real estate through some of our trusted partners.

Forest Creek is located in the Hilltop neighborhood of western Columbus.   The Forest Creek Apartments   offers seven different floor plans of mostly 2-bedroom units as well as studios, 1- and 3-bedroom layouts in both flats and townhomes.   Its 16 two-story buildings are positioned around a scenic stream that runs through the property and are adjacent to the City of Columbus’s Hilltonia Park.   It is in the Columbus city school district. Property Type: Multifamily Unit Total Units: 146 Total Square Footage: 130,358 Buildings: 16 Unit Mix: 16 - 1 BD/1 BA; 33 - 2 BD/1.5 BA; 67 - 2 BD/2 BA, 14 - 3 BD/1.5 BA, 7 - 3 BD/3 BA, 1 - 3 BD/2 BA, 8 - Studios Call 614-519-8689 or contact Brown Multifamily Advisors .

Gaslight Village Columbus, OH is conveniently located on the north side of Columbus, less than five miles from Easton Town Center as well as just a few blocks from I-71. The property offers a combination of 1- and 2-bedroom units in flats and townhome layouts, with the majority of units (60%) being 2-bedroom townhomes.   It is in the Columbus city school district. Property Type: Multifamily Unit Total Units: 104 Total Square Footage: 117,136 Year Built: 1968 Unit Mix: 34 - 1 BD/1 BA Flats; 8- 2 BD/1 BA Flats; 62 - 2 BD/1.5 BA Townhomes. Call Brown Multifamily Advisors for more information.

Sharon Woods Village is well-located in north Columbus near the I-270 outerbelt and just south of Sharon Woods Metro Park, the City of Westerville and the City of Worthington to the west.   The property offers all flats, with 75% being 2-bedroom units and the rest 1-bedroom layouts.   It is in the Columbus city school district.   Property Type: Multifamily Unit Total Units: 48 Total Square Footage: 37,384 Year Built: 1974 Acreage: 3.03 Buildings: 2 Unit Mix: 12 - 1 BD/1 BA Flats, 26 - 2 BD/1 BA Flats, 10 - 2 BD/1.5 BA Flats   For more information feel free to contact Brown Multifamily Advisors . Call 614-519-8689 or contact us online.

Wildberry Village is well-located in western Columbus, just off Clime Road and approximately two miles from I-270.   The property offers all flats, primarily in 1-bedroom layouts, but also some 2-bedrooms and one studio unit. The Wildberry Village Columbus Ohio is comprised of three distinct sections: a 42-unit, three-story brick center courtyard structure constructed in 1974, two single-story buildings constructed in 1988 containing 16 units marketed toward older residents and ten “Cardinal” style buildings constructed in 1974 containing 64 units plus a clubhouse.   Property Type: Multifamily Unit Total Units: 123 Total Square Footage: 74,112 Year Built: 1974 Acreage: 4.04 Buildings: 13 Unit Mix: 104 - 1 BD/1 BA Flats For more information feel free to contact Brown Multifamily Advisors. Call 614-519-8689 or contact us online .