Multifamily properties or apartment buildings classified as commercial real estate are structures which have five or more units for housing residential tenants. Their configuration can be low rise, high rise, garden style, etc accommodating tenants within the apartment units. They are considered one of the most desirable commercial real estate property types for lenders when stabilized with adequate tenants and cash flow.  Multifamily properties in unsaturated markets are always in high demand supported by the necessity for affordable housing, convenience and a growing population. Consequently, there are multiple lenders and loan programs available to purchase, refinance or fund construction cost for this commercial real estate asset class.