Pembroke Pines: In the Spotlight

Pembroke Pines, Florida is a growing community that is home to 170,072 residents and plenty of businesses that need employees. The community is a younger one, despite having some snowbirds, and it is located in South Florida, covering 34.4 square miles of land and water. The area is comprised mostly of upper-middle class and luxury homes, apartments, and condos, and nearly 83,300 of the city’s residents are employed.

• Pembroke Pines is home to more than 61,000 housing units
• The city’s poverty rate is just 9.35%, making it one of the lowest in the region
• Pembroke Pines has an average property value of $265,000
• The median age is 39.5, while 25% of the population is under age 18
• The average household income is just over $62,000
• The city sits between US 27 and the Florida Turnpike, offering easy access to travelers

Pembroke Pines Apartment Loan and Multifamily Property Facts

Pembroke Pines is seeing some growth in the multifamily market. There are plenty of units on the market and coming up and people are starting to look for opportunities again. Although 2020 was slower than normal, like it was in much of the state, the future is looking bright for multifamily and apartment lending in 2021.

• Newer sales have eclipsed over $200,000 per unit on multifamily buildings
• There were 27 apartment sales in the first half of 2020, down a bit from previous years
• 10,776 units have come to market since 2018 and 14,000+ are scheduled through 2021 in the South Florida market, which includes Pembroke Pines
• The average rent in Pembroke Pines is $1,425 per month
• City Center is building three commercial residential buildings: Pines Garden with 387 units, the 365-unit Town building, and the City Center on 7th Apartments, which will have 700 units total
• There are 58 townhomes being constructed across seven acres in the Sienna area

While other cities might have impressive stats on sales of existing buildings, Pembroke Pines is in a growth spurt and with the sheer volume of units coming to the multifamily market, getting your hands on one should be a breeze

Pembroke Pines Apartment Loan and Lending Options

In Pembroke Pines, Florida there are several different ways that you can finance your new apartment investment. We work with opportunities like:

• Conventional apartment loans
• Fannie Mae apartment financing
• Freddie Mac apartment financing
• FHA/HUD financing
• Mezzanine financing
• CMBS loans
• Bridge loans
• Apartment construction loans
• And more!

Finance Your Pembroke Pines Apartment Building Now

At Apartment.loans, in financing for all kinds of properties in Pembroke Pines, FL. We have all kinds of lending solutions, including traditional apartment financing, commercial real estate loans, and even non-traditional financing. We can assist with stabilized properties, ground-up investments, value-add opportunities, and more. 

We know what it takes to get your foot in the door with the commercial real estate market and we know that you’ll have everything that you need when you choose our team to assist you. The market is getting more competitive with each passing day and you won’t be able to get in with a good apartment loan forever. 

To learn more and get started on your new venture, contact our Pembroke Pines Apartment Lending Specialists today at hello@apartment.loans or by calling (800) 567-9631.

In this article:

1. Pembroke Pines: In the Spotlight
2. Pembroke Pines Apartment Loan and Multifamily Property Facts
3. Pembroke Pines Apartment Loan and Lending Options
4. Finance Your Pembroke Pines Apartment Building Now
5. Get Financing