Commercial Real Estate Permanent Loan

The Commercial Real Estate Permanent Loan is for stabilized commercial real estate properties nationwide. Offering stabilized rates and terms to experienced borrowers seeking premium rates, terms and quick execution. All loan purposes (acquisitions and refinance with or without cash-out) are eligible for up to an 80% LTV. With flexible common sense underwriting a previous bankruptcy or foreclosures only needs 2 years of seasoning to be eligible. With so many options, this is a viable alternative to a traditional bank loan.

Contact me to discuss your scenario or for additional information.

 

Key Points

Common-sense underwriting and flexibility

Lower occupancy with strong cash flow - ok

Properties that do not meet conventional underwriting criteria - ok

No Seasoning Requirement On Title

No Lender Origination Points

No Personal or Business Tax Returns Required

No Limit on Properties Owned

Quick Closings - typically within 30-45 days

 

 

Terms

$1 million - $25 million

LTV: up to 80%

Rate: Fixed, Hybrid and Interest Only Options

Interest: from 5.00%*

Fixed Term: 2-10 years

Loan Term: up to 30 years

Amort: 15, 20, 25, 30 & Interest-Only Options

DSCR: 1.20x minimum

Multiple Prepayment Options

Non-Recourse Loan

Assumable

 

 

Purpose

Acquisition

Refinance

Cash-Out

 

 

Collateral

Industrial

Mixed-Use

Multifamily (5+ units)

Office

Retail

Self Storage

Single Tenants

 

 

*Pricing is dependent on: Property Type, Loan Term, Location, Loan-to-Value, DSCR, Credit Profile and Quality of Sponsorship