In this compromised economy, good loans are a challenge Bristol Capital Welcomes! 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 Office properties include:
- Multi tenant office buildings
- Multi tenant office parks & business parks
- Research parks & High-Tech 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 +/- 5.5-6.5% range
- 10 year term
- 30 year amortization
- Non-recourse in most circumstances
- Defeasance/Prepayment Consultation
Please call Paul Meyer 248.515.0226 to discuss
Office Building Loans on a case by case basis.
Let's Size Up Your Loan!