Loading...

Multifamily Loans in
Aventura, FL

Overview

Aventura is located in a strong market for 5+ unit multifamily loans. Multifamily loans in Aventura are considered low risk due to market size and favorable regional economy. Interest rates for multifamily loans in Aventura are some of the lowest nationally. Aventura apartments may be eligible for non-recourse multifamily loans up to 80% and other favorable terms like long term fixed rates and interest only payment options. SoftQuotes' lenders will lend on 5+ unit multifamily properties in Aventura.

Get multifamily loan quotes for Dec 03, 2021


Multifamily Loan Rates in Aventura, FL

SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in Aventura are:

Fannie Mae®
$1M to $6M
5 Year Fixed 3.74% - 4.44%
7 Year Fixed 3.68% - 4.38%
10 Year Fixed 3.79% - 4.49%
Freddie Mac®
$1M to $7.5M
5 Year Fixed 3.04% - 3.28%
7 Year Fixed 3.23% - 3.47%
10 Year Fixed 3.43% - 3.67%
Fannie Mae®
$6M to $100M
5 Year Fixed 3.34% - 4.04%
7 Year Fixed 3.28% - 3.98%
10 Year Fixed 3.39% - 4.09%
Freddie Mac®
$7.5M to $100M
5 Year Fixed 3.06% - 3.31%
7 Year Fixed 3.23% - 3.68%
10 Year Fixed 3.20% - 3.60%
Additional rate discounts for affordability and energy efficiency. Longer term fixed rates available. Rates updated on 12/02/2021. This is not an offer or commitment to lend. Multifamily loan rates in Aventura may vary based on income, leverage and other factors. Fannie Mae is a registered trademark of Federal National Mortgage Association Corporation. Freddie Mac is a registered trademark of the Federal Home Loan Mortgage Corporation.

Get multifamily loan quotes for Dec 03, 2021


Multifamily Lenders in Aventura, FL

All major multifamily lender types are lending in Aventura.


Agency Lenders
(Fannie / Freddie / HUD)
  • Long term fixed rates
  • Maximum leverage
  • Tax returns not required
  • Non-recourse
  • Interest only payment options
  • Rate discounts for affordability

Banks &
Credit Unions

  • Intermediate term fixed rates
  • Moderate leverage
  • Tax returns usually required
  • Recourse and non-recourse

Insurance
Companies

  • Long term fixed rates
  • Lower leverage
  • Tax returns usually required
  • Recourse and non-recourse

Conduits
(CMBS Lenders)
  • Intermediate term fixed rates
  • Maximum leverage
  • Tax returns not required
  • Non-recourse
  • Interest only payment options

Get multifamily loan quotes for Dec 03, 2021


Aventura Market

The city of Aventura in Miami-Dade County has a population of 36,987. The median rent in Miami-Dade County for a 2 bedroom is $1,684. The median Aventura resident is 51 years old with a yearly income of $39,858. The average family has 2.9 members and a median household income of $63,892. Aventura has a 53% higher education rate. The unemployment rate in Aventura is 5.0%.


Population
36,987 people

County
Miami-Dade County

Renters

34.8% of Aventura households are renters.


Rent Burden

44% median household income spent on rent.

Source: U.S. Census Bureau

Rents

Bedrooms
Miami-Dade County 1
Florida 2
National 2
Studio $1,148 $822 $737
1 bedroom $1,336 $891 $813
2 bedroom $1,684 $1,089 $1,015
3 bedroom $2,245 $1,448 $1,325
4 bedroom $2,696 $1,716 $1,521
1 Median rents 2 Average of counties
Source: Federal Housing Finance Agency

Aventura Demographics


Median Individual Income
$39,858 / year

Median Household Income
$63,892 / year

Families w/ Dual Incomes
44%

Unemployment Rate
5.0%
Household Income Distribution
Aventura, FL

Median Age
51 years

Avg Family Size
2.9 people
Age Distribution
Aventura, FL

College Education or Above
53%

STEM College Graduates
38%
Education Distribution
Aventura, FL
Source: U.S. Census Bureau

Ready To Get Quotes?

We're here to help.

(866) 484-8134

A SoftQuotes advisor is ready to help.

Get Quotes

Quotes within 1 business day