What You Should Know About California's Rent Control Bill

What You Should Know About California's Rent Control Bill
Posted Monday December 2, 2019 in Multifamily, News

What Investors/Owners Need to Know About California’s Rent Control In October, California Governor Gavin Newsom signed into law Assembly Bill 1482, the nation’s strongest statewide renter protection package. Broadly, the law creates a statewide rent cap and eviction protections designed to combat California’s housing and cost-of-living crisis. But, there are several important takeaways for investors…

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How To Protect Yourself And Your Tenants This Holiday Season

How To Protect Yourself And Your Tenants This Holiday Season
Posted Monday November 25, 2019 in Multifamily, News

How to Keep Tenants Happy and Healthy During the Holiday Season The holiday season is upon us and while that can mean extra cheer in the air, it can also spell extra stress for landlords and multifamily operators. While property owners are always worried about safety issues, there is no better time than the holiday…

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Smart Bet: Focus on B and C Multifamily Investments

Smart Bet: Focus on B and C Multifamily Investments
Posted Thursday October 17, 2019 in Multifamily, News

As real estate developers continue to struggle to profitably deliver new multifamily product in an affordable price range, the answer to the ongoing affordability crisis may lie in older product. Specifically, Class B and C properties built 20 or 30 years ago. According to the most recent Census, around 37% of U.S. households are rented,…

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The Art of Repositioning Multifamily Buildings Without Driving up Costs

The Art of Repositioning Multifamily Buildings Without Driving up Costs
Posted Wednesday September 25, 2019 in Multifamily, News

When acquiring and repositioning a multifamily property, knowing how and where to spend your dollars in order to maximize returns can be crucial in setting the stage for a successful rebrand. On the smaller class B and C end of the multifamily property spectrum, where communities regularly trade for $15 million and under, deciding where…

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How Millennials Influence Trends in the Multifamily Market

How Millennials Influence Trends in the Multifamily Market
Posted Wednesday June 19, 2019 in Multifamily, News

As the country's largest generational population, millennials are a major force driving real estate trends. Their influence on today's multifamily rental market spans unit size, design, amenities, technologies incorporated and much more. This generation is anticipated to reach 70 million by 2024, so millennials can be expected to continue having a strong influence on the…

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Opportunity Zones & What They Mean For The Multifamily Investor

Opportunity Zones & What They Mean For The Multifamily Investor
Posted Monday June 10, 2019 in Multifamily, News

Opportunity Zones: What They Mean For the Multifamily Investor The passage of the Tax Cuts and Jobs Act (TCJA) in late 2017 drew attention for its sweeping cuts to corporate tax rates and doubling of the individual standard deduction. But one initially-overlooked part of the TCJA—the Investing in Opportunity Act (IOA) has stolen the spotlight in many real estate circles. What…

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Class B Properties Proving Valuable To Investors

Class B Properties Proving Valuable To Investors
Posted Wednesday May 22, 2019 in Multifamily, News

Multifamily real estate investment in the US has shifted to class B and C properties over recent periods. An oversupply of class A properties, along with a decline in demand for the higher-end units and the escalating cost of home ownership, have made B and C class properties increasingly popular with investors. Additionally, the entry…

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Small Balance Lending Activity Shows Consistent Growth

Small Balance Lending Activity Shows Consistent Growth
Posted Tuesday April 2, 2019 in Multifamily, News

In 2017, small balance lending (SBL) volume reached a record $49.8 billion—and this record continued in 2018. Commercial and multifamily lender Arbor recently announced that the small balance multifamily market finished 2018 with $51.7 billion in lending volume, an increase of 3.7 percent over the prior year. Meanwhile, Freddie Mac’s SBL division funded a record-setting 2,771…

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CIVIC Named One Of The 2019 Best Workplaces By Great Place To Work® And FORTUNE

CIVIC Named One Of The 2019 Best Workplaces By Great Place To Work® And FORTUNE
Posted Wednesday March 27, 2019 in Multifamily, News

CIVIC Named One of the 2019 Best Workplaces in Financial Services and Insurance by Great Place to Work® and FORTUNE It’s official! Great Place to Work and FORTUNE have honored Civic Financial Services as one of the 2019 Best Workplaces in Financial Services and Insurance. The ranking considered feedback representing more than 726,000 employees working at Great…

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Civic Financial is an Equal Housing Lender

© 2019 Civic Financial All Rights Reserved. Located in Redondo Beach, California, Civic Financial Services LLC is a leading private money lending provider servicing the greater Los Angeles, Dallas, Phoenix, Seattle, Portland, Denver, Miami, South Beach, Tampa, Sarasota, San Diego, San Francisco, Irvine, Las Vegas, San Jose, Riverside, San Bernardino and surrounding communities. Civic specializes in short term, non-owner occupied and investment properties financing utilizing private hard money and bridge loans.

This is not a commitment to lend. Restrictions may apply. LTV limit is based on current, accurate appraised value. Civic Financial Services, LLC reserves the right to amend rates and guidelines. All loans are made in compliance with Federal, State, and Local laws. Civic Financial Services, LLC is a California Finance Lender under NMLS 1099109 and the California Department of Business Oversight License #603L321, AZ Mortgage Broker License #092863, FL Mortgage Lender Servicer License #MLD1536, NV Mortgage License MB4419, NV Broker License #4443, NV NMLS ID #1410002, OR Mortgage Lending License #ML-5282, UT DRE Mortgage Entity License #10570639. Civic Financial Services, LLC is an equal opportunity lender. Powered by Lenderd.com - Mortgage Websites

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