Office / Industrial Loans

Office and Industrial Loans are determined by a numbers of factors which include: location, size, tenant makeup, remaining lease terms, age of the property, experience and financial strength of the borrower. A typical office/ industrial loan can range as high as 70-80% LTV depending on the above factors. Lenders will underwrite each deal on a case by case basis, but will usually include market vacancy %, replace reserves, tenant improvements and leasing commissions as additional expenses when determining the properties underwritten Net Operating Income (NOI).

Office / Industrial Loan Summary

• Loan Amount $500 – $25,0000
• 10 – 30 Year Amortization (based on term of the lease and tenant strength)
• Up to 80% LTV
• 3,5,7,10 Year Fixed Rates
• 1.20-130 Debt Service Coverage Ratio Requirement
• Assumable at Lender Discretion
• Flexible Prepayment Options
• Recourse on non recourse options
• Underwritten expenses for Leasing Commission and Tenant Improvements
• Minimal or No Replacement Reserves
• Low third parties costs