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Capital Markets Loans |
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Request a Quote Today! |
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Provide some basic information
about the property and commercial financing you’re
seeking and we will provide a no cost no obligation
quote. |
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Security and privacy protected
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No social security number required
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No credit inquiry
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No cost or obligation
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Why Choose Capital Assets,Inc |
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Capital Assets,Inc's Capital Markets Conduit Lending Group has the
experience and capital markets relationships necessary to
properly structure your commercial real estate loan to ensure
successful execution at the lowest fixed rates and costs in the
market. |
- No point options
- No up-front fees
- No securitization fees
- No investment bank fees
- Low commitment deposits
- In-house processing
- Interest only payment option
- Non-recourse
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Multifamily Loan for Life™ |
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With fixed
interest rates up to 30 years, Capital Assets,Inc's
Multifamily Loan for Life eliminates interest rate risk
preserving the integrity of your investment. |
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Fixed rates up to 30 years
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No balloon payments
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No interest rate resets / adjustments
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Non-recourse
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Home >
Commercial Loan Center Refinance or Purchase |
CMBS Conduit Office Building Loan Program Overview
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Capital Assets,Inc's
conduit office loan
program provides
permanent fixed rate
financing for CBD
and suburban single
tenant,
multi-tenant, and
credit tenant office
properties.
Conduit loans for office
buildings are available
in most market
sectors for
stabilized
properties with a
demonstrated ability
to re-lease at
market rates.
In addition to the
office conduit loan
program,
Capital Assets,Inc
provides commercial loans
for office buildings
through its
traditional
commercial loan
program. For
office loan sizes
under $1 million
please visit our
small balance plus
office loan program.
To learn more about
Capital Assets,Inc's
office building loan
programs, contact a
commercial mortgage
specialist today. |
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CMBS Conduit Office Building Loan Program Guidelines
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Eligible Properties |
Stabilized
CBD and suburban single, multi, and credit tenant office
properties. High-rise, low-rise, and office condo
property structures permitted.
Office properties should be Class B or better.
For single tenant or anchor tenant properties, lease
terms should extend past the fixed term of loan. |
Loan Size |
Loan sizes
starting at $2 million. |
Pricing |
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Tiered
pricing based on LTV and DSCR.
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Industry low spreads above comparable "on the run" Treasury rates.
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Rate buy downs are available.
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Locations |
Office buildings located in mid to large
market sectors and small market sectors with
strong sponsorship. |
Programs |
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5, 7,
and 10 year fixed rate terms (balloon at end of
fixed term).
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25 and 30 year amortizations.
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Prepayment |
Defeasance or yield maintenance. |
Personal Guarantee |
Non-recourse subject to standard
carveouts. |
Minimum DSCR |
1.25-1.35. |
Loan-to-Value |
Maximum of 80%. |
Rate Lock |
At commitment. 30-day
forward lock available with U/W approval. |
Occupancy Requirements |
Stabilized
properties with staggered lease expirations. |
Impounds |
Taxes,
insurance, tenant improvements, replacement reserves,
125% of cost for needed repairs. |
Preliminary Submission Package for a
Conduit Apartment Loan |
Include the following in your request
for a conduit apartment loan quote:
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Property description and location map.
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Representative color photographs.
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Current rent roll and year-to-date operating statement.
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Operating history - prior 2 years, if available.
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Current year operating budget.
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Existing debt and cost basis.
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Sponsor resume.
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