CMBS – Commercial Mortgage Backed Securities Loans

cmbs commercial financing

Northwind also provides traditional CMBS and pre-CMBS loans for commercial financing of traditional commercial real estate transactions. Minimum loan amount is $2MM, and LTV can be up to 80% on most properties. Pre-CMBS loans are designed for properties and/or situations with lower loan amounts or owner/occupied or single-tenant properties. Here are some of the details:

CMBS – Commercial Mortgage Backed Security Loans

  • Property types – Multifamily, Office, Retail, Industrial, Mixed Use, Self Storage, Hotel/Motel, Mobile Home Parks, Manufacturing
  • 75% LTV (80% for multifamily)
  • Terms – up to 10 years; 25-30 year amortization
  • Rates 4.75% – 6.50%
  • Non-recourse
  • Assumable
  • Newly stabilized properties okay
  • Secondary and Tertiary markets accepted
  • Blanket loans for smaller properties accepted

 

These programs require a strong sponsor/borrower, reasonable liquidity or equity, and a fully stabilized asset. Contact us today for a quick quote for your CMBS or pre-CMBS commercial financing needs!

CLICK HERE to quickly apply for a loan or obtain a loan quote online!

CLICK HERE for a matrix of our lending programs.