San Diego Apartment Loans
Find the apartment financing information you need and apply for apartment loans of your choosing in San Diego, California
San Diego: In the Spotlight
San Diego, California is located 504 miles south of Sacramento, and is a part of the San Diego-Chula Vista-Carlsbad, CA Metropolitan Statistical Area. The population of San Diego is just over 1.4 million, making it the 2nd most populous city in the state. It also covers 372 land miles. The city is known for its 70 miles of pristine shorelines, and being the national leader in its quantity of small farms (over 7000!).
- The unemployment rate is currently sitting around 6.2%.
- The median household income is $79,673.
- The median age in San Diego is 34 years old
- San Diego employs over 688,000 residents
- San Diego Has a low vacancy of 4.7% across all rental properties
- There has been a marginal rent increase, to $1,758 per month
- The homeownership rate is roughly 46%, which leaves around 54% of residents looking for rental properties.
- 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!
San Diego Apartment Loan and Multifamily Property Facts
San Diego is part of the California market, which has seen some growth after recovering from 2020. Although unemployment is still high and people are still uncertain, the multifamily market is starting to pick up steam. Vacancy rates and new deals are helping spur the market.
Although 2020 was a difficult time in San Diego, just as it was everywhere, the city is on the rebound and the market is looking good. With new developments and promising sales on the record, now is a good time to consider an apartment loan in the city.
San Diego Apartment Loan and Lending Options
In San Diego, California there are several different ways that you can finance your new apartment investment. We work with opportunities like:
Finance Your San Diego Apartment Building Now
At Apartment.loans, we can help with all kinds of loans for apartments and commercial real estate in the city of San Diego, CA. We work with value-add opportunities, ground-up developments, stabilized properties, and more. We know what it takes to get financed and find the best rates and we can help you get what you need.
The market in San Diego is growing by the day and we can help you find the financing that you need before the competition gets too fierce. Whether you are financing your first deal or just looking for your next one, we’ve got you covered.
When you’re ready to talk more or get started on your investment, contact our San Diego Apartment Lending Specialists today at hello@apartment.loans or by calling (800) 567-9631.