In this strong economy, credit is readily available…we are corresponding with new and many non-bank commercial real estate loan programs, such as CMBS, Life Insurance Product and Credit Union Syndication. These loans are generally for quality stabilized real estate. Minimum thresholds are for these loans are $2 million.
Qualifying types of Industrial real estate property include:
- Industrial buildings and Industrial Parks
- Distribution Centers
- Multi tenant Industrial buildings and multi tenant Industrial Parks
Non-specific details of our Conduit Programs include:
- 70% - 85% Loan to Value
- 1.25 Debt Service Coverage
- Good Occupancy
- Rates in the low +/- 4.6%. Historical Low +/- 4.6% Rates.
- 10 year term
- 30 year amortization
- Non-recourse in most circumstances
- Defeasance/Prepayment Consultationli>
Historical Low +/- 4.85% Rates
Let's Size Up Your Loan!