Multifamily brokers in Raleigh/triangle

[Brennan Vaughn]

Just closed on our first deal about 5 weeks ago. My Partner and I are looking in Raleigh NC.

Who are the go to commercial brokers in Raleigh/triangle that I need to speak with?

[Chris Martin]

A lot depends on your definition of "multifamily" and you and your team's financing capability. The players change when you get to about 16 units or so. Under that (5-16 units), look for lenders originating FNMA Small MF under $6,000,000 and be aware of the net worth requirements.

For 2-4 units, just talk to any residential broker since financing is the same as SFR.

See also my answer on this post which is this google  search, although my preferred broker is not the top in the search, but in the top ten for sure. Still applicable today.

[Brennan Vaughn]

Thanks @Chris Martin we're looking at 16 - 40 units.

More so interested in learning the market dynamics of Raleigh & metrics. I'll reach out to the broker but would love your take on cap rates, GRM, price per door, avg rent for 1/1's & 2/1's and 2/2's, etc.