Industrial Property Loan
Whether you are looking for an industrial property loan approval to purchase, refinance, rehab, or construct any commercial properties, we will have the capital resources to secure the right commercial loans for you. There are much more competitive commercial real estate loans, interest rates, and terms available outside of local bank lending and access to those types of lenders is what we offer. As a loan broker, we have long standing relationships with industrial commercial mortgage lenders such life insurance companies, banks, credit unions, CMBS lenders, private debt funds, pension funds, etc. What we give our borrowers is the advantage of knowing which lenders have the best rates and terms for their particular commercial property asset and having on demand access to those lenders.
Types of Industrial Property Loans We Offer
Below are the different funding types of industrial property loans that we can offer;
- Conventional mortgages
- Long term fixed rate
- CMBS loans (commercial mortgage backed securities)
- Life-co loans
- Bridge loans
- construction loans
- Acquisition loans
- Rehab loans
- Refinance, with cash out
Below are the typical terms guidelines for our industrial property lending programs;
- Up to 75% LTV (lower down payment with credit tenants)
- Up to 10 year fixed (longer with fully amortizing loans)
- Fixed interest rate and floating rate
- Up to 30 years amortization, with interest only mortgage periods
- Non-recourse and recourse loans
- Construction to perm structures
- investment property and owner occupied
- Flexible prepayment, various prepayment penalty structures
- Acquisition, refinancing, construction financing, bridge loans
- First mortgage & second mortgage
- Market competitive origination fee
We are a nationwide commercial mortgage broker and banking firm. Our borrowers are typically private investors and small and middle markets commercial property owners and operators of commercial real estate industrial property. We focus on loan amounts from $1 to $40 million and can handle any type of industrial property deal nationwide. We have longstanding relationships with secondary market, private lenders, and institutional commercial lenders outside of traditional banking. To discuss any particular commercial lending scenarios and get a better feel for our commercial mortgage loan options and how we underwrite, call us directly at 866-647-1650 or fill out the contact form to the right to speak to a broker about any industrial commercial mortgage loans.
Examples of Industrial Property Loans
Example 1) A borrower with investors was looking for a mortgage refinance and take some cash out of an an industrial investment property that he had own in Fort Lauderdale for the past 15 years. The collateral property was occupied by several mid sized companies with long occupancy history. We were able to structure a $4 million loan for him to borrow with a 10 year fixed, 25 year amortization with a bank partner that gave the borrower a cash out refinance to put extra cash in his pocket, a very low interest rate, and minimal transaction cost and broker fee.
Example 2) A borrower and property owner came to us looking to refinance several commercial property loans secured by multi-tenant industrial buildings in Texas. The borrower was looking to qualify for a fixed rate mortgage loan that would be short in term, fully amortize with principal and interest, and be a low fixed rate. We arranged a 10 year fixed, 10 year amortization deal with a low interest rate, that fixed the loan for the entire loan term and paid off all remaining principal on a fast schedule. The borrower intended to own the property free and clear within 10 years and this deal allowed him to do so.
Example 3) A borrower and real estate investor that owned an industrial flex building in Michigan that was 100% leased to a multinational company came to us looking to refinance a maturing real estate mortgage that needed to be repaid. The lease for the tenant only had 2 years remaining, which created a binary risk that many lenders would not take on. We were able to structure a 36 month bridge loan with a private lender that was able to evaluate the situation and determined that the tenant would not be leaving. The bridge loan was $12 million, interest only, 75% loan to value, and non-recourse.