Commercial Real Estate Loans from $1,000,000+
Commercial Real Estate Financing Rates - Rates updated 10-24-2019
|Loan Product||Rates (start as low as)||LTV||Amortization|
|Commercial Real Estate Mortgage Rates||3.90%||Up to 75%||Up to 25 years|
|Apartment Building Mortgage Rates||3.60%||Up to 80%||Up to 30 years|
|Business Real Estate Loans||3.80%||Up to 90%||Up to 30 years|
Select Commercial, a nationwide CRE lender and broker, has excellent CRE loan products and options available for owners and purchasers of commercial real estate and apartment buildings throughout the country. We specialize in financing apartment buildings, office buildings, retail centers, industrial and warehouse buildings, hotels and motels, and single tenant properties. If you are looking to purchase or refinance commercial real estate, please feel free to contact us today. We arrange commercial real estate lending for the following property types:
• Office Buildings – these may be multi-tenant office and medical buildings or single use, owner occupied properties that house the owner’s business. We prefer offices located in central business areas in good urban and suburban locations.
• Retail Building Loans – these may be shopping centers, retail strip centers, or individual stores, including single tenant NNN leased properties, such as drug stores and fast food stores. We prefer properties with good occupancy rates and good historical performance.
• Industrial Property Loans – these may be warehouses, distribution centers, and/or manufacturing facilities. Properties may be multi-tenant or owner occupied.
• Single/Special Use Loans – These loans may be offered on hotels/motels, gas stations, restaurants, and for other single use purposes. Many of these properties are owner occupied by the owner’s business. We consider these properties as Business Real Estate Loans.
• Apartment Building Loans – these properties may be garden apartments in suburban locations, high-rises in urban areas, small apartments, underlying cooperative loans, student housing near college campuses, manufactured housing communities and mobile home parks.
• Investment Property Loans – any income producing property not specifically discussed above will be considered.
Our professional staff is focused on providing our clients with the best commercial real estate financing options to meet the individual needs of each and every borrower. We take the time to understand our clients, evaluate their investment objectives, and present commercial real estate loan options that meet their personalized needs. We understand commercial real estate and are familiar with current market conditions. This allows us to offer the advice that you, our borrower, can trust.
Our company has over 30 years of experience in the commercial real estate market and offers multiple capital sources for these commercial real estate loans, including: national banks, regional and local banks, insurance companies, Wall Street conduit lenders, credit unions, agency lenders (such as Fannie Mae and Freddie Mac), and private lenders. Whether you are purchasing or refinancing, we have the right solutions available. We will entertain loan requests of all sizes, beginning at $1,000,000. Click here to get started with a free loan quote.
Our Commercial Real Estate Loan Benefits
Commercial real estate lending as low as 3.60% (as of October 24th, 2019)
• No upfront application or processing fees
• Simplified application process
• Up to 80% LTV on apartments, 75% on commercial (90% with SBA)
• Terms and amortizations up to 30 years
• Loans for purchase and refinance, including cash-out
• 24 hour written pre-approvals with no cost and no obligation