Commercial Real Estate

Acquisition Loans

An acquisition loan is used to acquire commercial property using the loan proceeds. This can include improved lots to already constructed and operating property.
  • Loan size: $500,000 to $500M or more if worldwide
  • Amortization: 15 to 30 year schedules
  • Variable and fixed interest rates available
  • Purchases up to 80% of purchase price
  • Loan to value: 75% on most products
  • Debt service coverage: apartments (multi-family) from 1.15, commercial - 1.25
  • Assumable for most scenarios
  • Closing time: 45 to 60 days from the receipt of the complete package and supporting documents
  • If purchase includes a business, LTC/LTV could go as high as 85%. Or, 90% with small seller carry back

Acquisition and Development

Loans to both acquire and develop real property to an improved state. Voucher control is set up to disperse loan proceeds with interest only paid on the funds distributed.
  • We can typically go to 75% loan to cost or 80% loan to value, whichever is less
  • We can typically provide a 2 to 3 year loan term for the construction, a 3 year mini-perm loan to stabilize the project, and permanent financing at the end
  • The permanent financing will vary by property type but usually we can provide up to 30 year amortization and 10 year fixed rate financing that is a margin range of 2.00% to 3.50% over the 10-year Treasury

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We Service the Following Real Estate Funding Transactions:
Automotive Service Centers
Bridge Loans
Bowling Alleys
Construction Financing
Condo Conversion
Condo and Town Home
Congregate Care Facility
Convenience Stores with or without Gas
Day Care
Funeral Home
Skating Rinks
No Flagged Hotels and Full Service Major Flagged Hotels
Gentle Men's Club
Golf Courses
Hard Money
Industrial Warehouses and Centers
Land Loans
Manufacturing Plants
Marijuana Processing Facility
Master Planned Communities
Medical Office
Mezzanine Financing
Mixed Use
Mobile Home Parks
Nursing Homes
Office Buildings
Parking Structures
Permanent Financing
Project Financing
Residential Development
Retail (both anchored and unanchored)
Self Storage Facilities
Senior Housing
Shopping Centers
Single Tenant Buildings
Transactional Funding
Skating Rinks
Strip Malls
Student Housing
Theme Parks
and more...