Recently Funded 💸: Two build-for-rent aggregation loans totaling $40MM! Each facility had a unique application to these borrowers' strategies, providing high leverage acquisition/bridge debt to both sponsors. To hear more about this loan and others, watch the short clip 🎥 below by Tim Leber, Vice President of Originations at #CoreVest. Ready to grow your #realestateinvesting business 🏘️ or learn more about our #investmentpropertyloans? Comment below ⬇️ or message Tim Leber at [email protected]. #GrowWithCoreVest #CoreVestFinance #RealEstateInvestors #RealEstateInvestments #RecentlyFunded #BuildForRent #BuildToRent #InvestmentProperties #RealEstateFinancing
CoreVest Finance
Financial Services
Irvine, California 8,510 followers
CoreVest is the leading lender to residential real estate investors, nationwide.
About us
CoreVest is a private lender that specializes in loans to residential real estate investors. We offer long-term loans for stabilized rental portfolios, short-term bridge loans and credit lines, and build to rent loans. Our products are tailor-made for investors, and we provide attractive rates, rapid timelines and closing certainty. We work directly with borrowers as well as brokers. CoreVest was founded in 2014 (as Colony American Finance) to meet the demand for affordable debt capital by a broad range of real estate investors. We have since financed approximately 100,000 units and closed over $10 billion in loans, bringing much needed capital from “Wall Street” to “Main Street” — becoming the leading lender in this niche. Rental Portfolio Loans: Our rental portfolio loans provide liquidity and long-term peace of mind to owners of stabilized rental properties. We enable investors to access long-term financing at a fixed rate and use our rental portfolio loans to unlock existing equity, consolidate debt, or purchase new rental properties. Loans can range from $500,000 to $100 million. We lend on single-family, 2-4 units, condos, townhomes, or multifamily and offer 5, and 10 year terms with up to 75 percent LTV. Credit Lines & Bridge Loans: CoreVest’s pre-approved credit lines and bridge loans provide flexible funds to investors looking to acquire, refinance, renovate, or aggregate properties. Rapid appraisals and funding certainty provide investors with the financing edge they need. Loans can range from $1,000,000 to $50 million. We offer 18- to 24-month terms with up to 80 percent LTC. Renovation financing is also available. Build-to-Rent Loans: CoreVest also offers build-to-rent complete loans that are designed to be a one-stop financing solution for experienced developers building new rental properties. We lend on the construction phase as well as post-stabilization.
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- Irvine, California
- Type
- Privately Held
- Founded
- 2014
- Specialties
- Real Estate Investor Financing, Fix and Flip Loan, Rental Property Loan, Single Family Rental Lending, Financing Real Estate Investments, Financing Rental Property, Rental Portfolio Loan, Investment Financing, Multifamily Loan, Build to Rent Loan, Loans to Residential Real Estate Investors, Real Estate Financing, Real Estate Investing, Real Estate Finance, Investment Property Loans, Single Family Rental Loans, and Financing for Real Estate Investors
Locations
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Primary
4 Park Plaza
Suite 900
Irvine, California 92614, US
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650 5th Ave
Suite 2140
New York, NY 10019, US
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11601 Wilshire Blvd
Los Angeles, California 90025, US
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807 East S. Temple
Suite 200
Salt Lake CIty, UT 84102, US
Employees at CoreVest Finance
Updates
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🎉 #CoreVest’s special servicing function has been recognized by DBRS Morningstar 🎉! Today, Morningstar DBRS reaffirmed CoreVest’s Commercial Mortgage Special Servicer Ranking. This ranking reflects our ongoing commitment to excellence across our asset management platform. Our experienced and dedicated team, innovative technology, and strong execution have been pivotal in maintaining this ranking. Congratulations to our incredible team at CoreVest! 🎊 Click the link below to read the press release ⬇️. https://lnkd.in/g9dGZ7qt #GrowWithCoreVest #CoreVEst #DBRSMorningStar #RealEstateInvesting #RealEstateFinancing #SpecialServicer #InvestmentPropertyLoans
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Happy Funded Friday, #RealEstateInvestors ! Check out some of our recently Funded loans at CoreVest ! 🏡💼 Whether you are seeking capital for fix and flips, long-term rentals, or new construction, #CoreVest is ready to help you scale your business 🚀. Comment below or send us a message for more information about our #investmentpropertyloans! #RecentlyFunded #GrowWithCoreVest #RealEstateInvesting #RealEstateInvestors #RealEstateFinancing
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CoreVest Finance reposted this
Happy 4th of July from all of us at Redwood Trust! 🎉 May your Independence Day be filled with joy, laughter, delicious food, and cherished moments with loved ones. Stay safe and enjoy the celebrations! 🇺🇸 #RedwoodTrust #RWT #REITS #HousingFinance #IndependenceDay #4thofJuly
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CoreVest Finance reposted this
New construction funded in Denver at 85% LTC! CoreVest Finance #Denver #NewConstruction #realestateinvestment #realestatelending #denverlocal
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CoreVest Finance reposted this
FUNDED LOAN UPDATE > Cash-out Bridge - 12 month term > 2 Luxury SFR's in Nashville TN > Funded in 2 weeks > $1.2m loan amount Our client refinanced this ground-up construction project and selected Corevest to refinance their initial investment as they prepare to sell. Feel free to reach out on any similar financing needs!
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CoreVest Finance reposted this
JUST CLOSED: $29,210,000 Total Loan Amount for the acquisition of 194 duplexes. This deal was unique, as we provided a term loan and a bridge loan to finance the acquisition in separate tranches. Our team provided excellent execution as we were able to close both financings simultaneously. The Corevest team is uniquely positioned to finance rental portfolio acquisitions of this scale. Our wide suite of products and experience in the #SFR space really sets us apart. Ryan Rapattoni Sam Kurtzman Paul Trapani #sfr #sfrinvesting #sfrfinance #portfoliolending #multifamily #multifamilyfinance #cre #creinvesting #crefinance #growwithcorevest
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CoreVest Finance reposted this
Vice President, Originations at CoreVest Finance | Real Estate Private Credit | Construction, Bridge, Term Loans | Single-Family Rentals (SFR), Build-to-Rent Communities (BTR), Multifamily Properties (MF)
This one was special! Albeit a bit small, we closed this in less than a month for a great Sponsor at market leading terms! We are aggressively pursuing ground-up construction loan opportunities starting at $1mm and up to $30mm for single-family rentals (SFR), build-to-rent communities (BTR), and multifamily properties (MF) nationwide. #corevest #corevestfinance #groundupconstruction #btr #sfr
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CoreVest Finance reposted this
JUST CLOSED: Another great refinance executed for a long-time client in the Philadelphia, PA MSA. My team was able to provide significant cash out above cost basis to our Sponsor after they executed their initial business plan of acquiring these units with only equity. The business plan included targeting strategic affordable housing deals in undervalued neighborhoods of Philadelphia and providing meaningful capital infusion during the rehab and lease-up phase. We love seeing our clients putting real money into their projects and giving their tenants, especially voucher tenants, high quality rental units. Not surprisingly, this translates to long-term tenancy. We liked the business plan so much we even provided an additional $10,000,000 acquisition credit facility to allow the client the ability to scale their platform! #sfr #sfrinvesting #sfrfinance #portfoliolending #multifamily #multifamilyfinance #cre #creinvesting #crefinance #phildelphia #phildelphiacre #growwithcorevest
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Congratulations to LMS Investment Management on recently winning the prestigious CoStar Impact Award for Multifamily Development of the Year! We're proud to have been a financial partner on their real estate journey. Congratulations on this well-deserved achievement 🎉! Click here to read the article: https://lnkd.in/gaubtKXJ #GrowWithCoreVest #RealEstateInvesting #RealEstateInvestors #CoStarImpactAward #MultifamilyDevelopment #BuildToRent
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