Office Building Loans

In this strong economy, credit is opening up we are observing new emergent Office Building loan programs, these include Conduits, life company, bank and credit union also, private lenders. These loans are generally for higher quality real estate with good occupancy. Minimum thresholds for these loans are now generally $3 million. Rates continue to be historically low.

Qualifying types of Office properties include:

  • Multi tenant office buildings
  • Multi tenant office parks & business parks
  • Research parks & High-Tech parks

Non-specific details of the new order Conduit Programs include:

  • 70% - 85% Loan to Value
  • 1.25 Debt Service Coverage
  • Good Occupancy
  • Rates in the low +/- 4.5% range
  • 10 year term
  • 30 year amortization
  • Non-recourse in most circumstances
  • Defeasance/Prepayment Consultation

Historical Low +/- 4.5% Rates

Please call Paul Meyer 248.515.0226 to discuss
Office Building Loans on a case by case basis.

Let's Size Up Your Loan!