Lender intelligence
Financing a new multifamily housing construction (except for-sale builde acquisition in North Dakota
The SBA 7(a) lenders funding the most new multifamily housing construction (except for-sale builde acquisitions in North Dakota, from public loan records. A lender doing your industry in your state every week underwrites faster and prices sharper.
Most active in new multifamily housing construction (except for-sale builde · North Dakota
Ranked by funded new multifamily housing construction (except for-sale builde acquisitions in North Dakota. Tap a lender for its full record, or hit Get in touch for an introduction.
- 1.1 loans · $2M · Halstad, MNFull record →
1+ funded New Multifamily Housing Construction (except For-Sale Builde in North Dakota deals
Real SBA 7(a) acquisitions from public records — see who got funded, for how much, and by which lender. Tap any deal for the full record.
- Diamond Construction of Fargo, LLC in Fargo, ND — $436K (2020) · purchase · Red River State Bank
- Program
- Preferred Lenders Program
- Rate at approval
- 5% fixed
- Term
- 84 mo (7 yrs)
- SBA guaranteed
- $327K (75%)
- Approval → funding
- 9 days
- Approved
- 9/21/2020
- First disbursed
- 9/30/2020
- Loan status
- Paid in full (7/31/2024)
- Loan type
- Term loan
- Collateral
- Required
- Business type
- Corporation
- Jobs supported
- 7
- Business age
- Change of Ownership
- Industry
- New Multifamily Housing Construction (except For-Sale Builde
If you were the buyer here
- Est. deal size
- $485K
- Est. down payment (10%)
- $48K
- Est. cash at closing
- $65K
- Monthly payment
- $6,167
- Annual debt service
- $74K
- Cash flow needed (1.25×)
- $92K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Red River State Bank · Lender record →
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DealRoom analysis of public SBA 7(a) lending records; ranked by funded acquisition loans to new multifamily housing construction (except for-sale builde businesses with a North Dakota project address.
Agent summary
How to finance a new multifamily housing construction (except for-sale builde acquisition in North Dakota with an SBA 7(a) loan: the lenders that fund the most of them here (from public records), with the real funded North Dakota deals. Red River State Bank funds the most here. DealRoom is not a lender.
- $562K typical loan
- 1 lenders active in North Dakota
- 1+ funded North Dakota deals
- 9 days typical to fund
Buyers buying a new multifamily housing construction (except for-sale builde in North Dakota typically pre-qualify, then ask DealRoom to introduce a lender active here — free for buyers; agents submit a consented lead via the DealRoom MCP.
Next steps
- Data freshness:
- SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-06-16.