Multifamily Housing Financial Expertise

Multifamily Housing Expertise Section: Rose Community Capital (RCC) is a team of financing experts with a passion for multifamily housing finance. We strongly believe that high-quality housing and development can transform communities and create opportunities for families at all income levels. 

A designated FHA Multifamily Accelerated Processing (MAP) and USDA 538 lender, we focus on the origination, underwriting, and placement of FHA and USDA insured multifamily mortgage loans. We have deep knowledge of – and long experience in – navigating the intricacies of FHA, HUD, and USDA requirements and procedures. That can be of significant value to you.

Learn More

Our Experienced Team

Our company includes industry veterans and former HUD and USDA professionals that are focused on getting your deal to the finish line as quickly as possible. With a genuine passion for what we do and dedication to details, we become not simply your financing facilitator but your trusted partner.

Meet Our Team

FHA and USDA Knowledge and Experience

We specialize in securing the FHA and USDA 538 backed financing developers and owners need to create and preserve multifamily communities across the country.

Bridge Loans

We help create and preserve affordable and rental-assisted housing via access to affordable bridge financing for projects that have as their permanent financing an FHA-insured loan or USDA 538 Guaranteed Loan.

New Construction/Sub-Rehab Loans

As a HUD-Approved MAP and USDA 538 Guarantee approved lender, we can arrange for construction and permanent loan financing under FHA Section 221(d)(4) of the National Housing Act and USDA 538 in qualifying locations.

Acquisition or Refinance Loans

As a HUD-Approved MAP lender we can arrange for acquisition, refinance, cash-out, moderate rehab, and construction loan take-out permanent  loans under FHA Section 223(f) of the National Housing Act and USDA 538 acquisition rehab loans in qualifying locations.

 

LEARN MORE

 

Welcome Edgar Morales!

Rose Community Capital is pleased to welcome Edgar Morales as our new Director of FHA & USDA Rural Development Loan Originations. Edgar is a pillar in the multifamily housing industry, bringing more than 30 years of experience to the team. Under Edgar’s leadership, RCC is excited to announce that we have added the 538 Program to our lending platform.

Our Person-to-Person Approach

At Rose Community Capital, we deal with numbers—but we work with people. Over our 20 years of success, we have earned the trust of clients like you by adhering to the highest standards in consistent execution, thorough attention to detail, and unquestioned integrity.

Sunny Garden Apartments

Type of Loan: 221(d)(4) Sub Rehab
Loan Amount: $20,334,300


Rose Community Capital is pleased to announce the recent substantial rehab financing for Sunny Garden Apartments (4% LIHTC) located in La Puente, CA. Sunny Garden Apartments is a 95-unit senior affordable project that provides income-restricted units at 50%, 80% and 120% AMI.

Find out more
Normandie Lofts

Type of Loan: Bridge Loan
Loan Amount: $7,680,900

Rose Community Capital is pleased to announce the recent refinance of Normandie Lofts in Los Angeles, CA. The subject property is located in an area known as “Koreatown” or “Wilshire Center” (also historically known as “Mid-Wilshire”).

Find out more
Community Arms Apartments (133 Units of HUD Assisted Family Housing)

Type of Loan: 223(f)
Loan Amount: $32,463,000

Rose Community Capital is pleased to announce a recent HUD MAP “heavy” 223(f) financing for an affordable housing community known as Community Arms Apartments, in Pasadena, CA. The Owner built this project for the benefit of the community in 1973 and has continuously operated it for the past 50 years.

Find out more
Ashtabula Towers (202 Units of HUD Assisted Senior Housing)

Type of Loan: Bridge to FHA
Loan Amount: $6,175,000

Rose Community Capital is pleased to announce a recent Bridge to FHA financing for an affordable housing community known as Ashtabula Towers, in Ashtabula, Ohio. The Owner will rehab the project with an allocation of Low-Income Housing Tax Credits (LIHTCs) made available by the state of Ohio. The perm financing is expected to close in July, 2021. 

Find out more
Savannah Summit

Type of Loan: Bridge to FHA
Loan Amount: $11,400,000


Rose Community Capital is pleased to announce a recent Bridge to FHA financing for an affordable housing community known as Savannah Summit, in Savannah, Georgia. The Owner will rehab the project with an allocation of Low-Income Housing Tax Credits (LIHTCs) made available by the state of Georgia. The perm financing is expected to close in June, 2021.

Find out more