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March 7, 2024

Daniel A. DiCarro Quoted in, “When Banks Say No. How to Creatively Finance a Multifamily Deal,”

BGL Director and senior member of BGL’s Real Estate Advisors team Daniel DiCarro is quoted in an article published by discussing alternative strategies to finance multifamily deals amid higher rates and stricter underwriting and terms from banks.

In the article, Dan discusses the ways to finance a multifamily deal such as using PACE financing to subsidize a portion of eligible construction costs for new or existing projects, taking advantage of tax credits, and utilizing alternate and additional assets to secure private bank loans.

The complete article is available on website.