Office Buildings and Retail Center Loans

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Financing options for acquisition or refinance of RETAIL, OFFICE, INDUSTRIAL, and SELF STORAGE. Maintained relationships with a select number of top tier investors assures borrowers access to competitive pricing and terms.

  • MINIMUM LOAN: $5,000,000.00
  • LOAN TERM: 5, 7 or 10 Years
  • AMORTIZATION: Up to 30 Years
  • MINIMUM DSCR: 1.20x to 1.25x
  • MAXIMUM LTV: Case by case basis
  • INTEREST RATE: Fixed or adjustable rate options on an actual 360 basis
  • ELIGIBLE PROPERTY TYPES: Retail, Office, Industrial and Self Storage
  • TAX AND INSURANCE ESCROWS: Monthly Deposits Required
  • REPLACEMENT RESERVES: Monthly Deposits Required
  • RECOURSE: Case by Case. In Some Cases Non-Recourse With Standard Exceptions For Fraud and Misrepresentation
  • REQUIRED REPORTS: MAI Appraisal, Property Condition Assessment, Phase I.  Others if applicable
  • PREPAYMENT: No prepayment through Year 4. Defeasance thereafter
  • ASSUMABLE: Subject to Approval and Fee
  • SUBORDINATE FINANCING: Mezzanine allowed subject to approval
  • RATE LOCK: 1 day prior to closing. Early rate lock option available
  • ORIGINATION FEE: PAR to 3% (In Addition to Closing Costs)
Office Buildings and Retail Center Loans
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