Commercial mortgage financing for investor and owner occupied properties along with apartment financing includes financing of most other commercial real estate property types. This includes office, retail, industrial, warehouse, healthcare, mini storage, hospitality and special purpose properties.
Institutional lenders are what are defined as life insurance companies, pension funds and real estate investment trusts or REIT’s typically lend on what we call the four basic property types which are apartment, retail, office and warehouse. Additionally some institute lenders also provide hotel financing for properties that are located in prime areas with corporate leases.
Conduits or Collateralized Mortgage Backed Securities (CMBS) in addition to multi-family financing also provide a variety of commercial real estate property financing.
• Loan amounts from $2 million to $50 million. Some also have small loan programs
• Loan to value typically 75% to 80% in some cases.
• Fixed rate terms to 10 years with amortizations to 30 years
• Non recourse with standard carve outs
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