Northeast · Pennsylvania · Multifamily · First lien
Multifamily hard money loans in Philadelphia, PA.
First-position multifamily loans in Philadelphia, Pennsylvania (PA) — typically $1M–$5M, larger considered — for acquisitions, maturities, bridge and value-add plans. Reviewed and decided directly by the principals.
Stokley Intelligence · Updated September 2026
Multifamily Market Outlook 2026
A structured view of the developments shaping multifamily—and the situations those developments may create for owners, lenders and investors.
Philadelphia market context
The Philadelphia economy behind the collateral.
Philadelphia is a major healthcare and higher education center, home to the University of Pennsylvania and its health system, alongside a growing life sciences cluster.
Stokley Capital considers financing for medical office, lab, and mixed-use assets tied to Philadelphia's healthcare and education base.
Economic anchors
- University of Pennsylvania and Penn Medicine
- Philadelphia International Airport
- Comcast headquarters
Multifamily underwriting
What we look at first.
- Trailing rent roll, collections and concessions
- Unit condition and the real cost of turns and deferred capex
- Expense load — insurance, taxes, payroll and utilities
- Submarket rents and competing new supply
- Sponsor's operating track record and management plan
Situations
Multifamily loans we see in Philadelphia.
- Floating-rate bridge loans maturing before the property is ready for agency debt
- Acquisitions of underperforming communities with a renovation plan
- Lease-up after a renovation or new delivery
- Partnership disputes that require a buyout
Selling a multifamily property in Pennsylvania? Stokley also buys real estate as a principal. Submit it for acquisition.
Hard money lending guidelines
Asset-based financing. We focus on the property's value and the owner's equity, not a credit score. Low credit does not rule out a request. Every deal is subject to underwriting.
- Annual rate
- From 11.5%
- Origination
- From 2% of the loan amount
- Term
- 6 to 12 months
- Payments
- Interest only
- Loan-to-value
- Up to 70%
- Lien position
- First position only
Third party closing costs are separate.
Every term sheet is different. Every deal goes through underwriting and has specific terms. These are guidelines, not a commitment to lend.
Request loan terms
Philadelphia, PA multifamily loan request.
Questions
Philadelphia, PA multifamily loans, answered.
- Does Stokley Capital make multifamily loans in Philadelphia, PA?
- Yes. We make first-position multifamily hard money and bridge loans in Philadelphia, Pennsylvania (PA), typically $1M–$5M, with larger loans considered.
- What drives the Philadelphia market?
- Philadelphia is a major healthcare and higher education center, home to the University of Pennsylvania and its health system, alongside a growing life sciences cluster.
- What should a Philadelphia multifamily loan request include?
- Property address, loan amount and purpose, current income and occupancy, existing debt, the business plan and the deadline. Rent rolls and operating statements help but are not needed for a first read.
- Are you a broker?
- No. Stokley Capital is a private real estate owner-operator that provides business-purpose loans. Decisions are made by the principals.
Nothing on this website is an offer to lend or a commitment of capital. All loans are subject to underwriting, due diligence, documentation and approval. Published lending guidelines are for general guidance only. Every deal goes through underwriting and has specific terms.
Next step
Financing multifamily in Philadelphia?
Send the property, amount and deadline. A principal will respond directly.