Minnesota Lenders for Multifamily and CRE Value Add Projects

Are you seeking financing for a commercial property value-add project in Minnesota? On this page, you’ll find a list of private lending firms that offer short-term loans to purchase & renovate (or re-purpose) multifamily and other CRE property types throughout Minnesota’s urban areas, including retail, office, industrial, hotels, self-storage, and others. The sponsor/borrower must contribute at least 20% cash to the total project costs (acquisition and rehab budget). The loan-to-completed value for most lenders is 70%, or whatever LTV will qualify for the long-term takeout loan.