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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 Retail Building Loan Program Overview
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Capital Assets,Inc provides
commercial property loans
for the acquisition or
refinance of retail
properties and shopping
centers including: local or
regional mall, grocery, big
box, anchored, unanchored,
shadow anchored, single and
multi-tenant, and similar
type properties.
Conduit retail commercial
loans are provided for
properties built post 1980,
or older properties which
have been renovated and have
strong historical
performance. Properties
should have good visibility
and access from major
arterials, with strong
demographic and sales
trends. |
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CMBS Conduit Retail Building Loan Program Guidelines
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Eligible Properties |
Anchor retail: anchored by a major
national retailer, department store, home
improvement, grocery, drug, community
centers, or discount retailer.
Shadow anchor: at least one anchor tenant
that is not part of the collateral but close
in proximity that provides a steady draw to
the property. Tenant mix should
complementary.
Unanchored retail: strong desirable
locations preferred with strong
complimentary tenant mix where space is
readily convertible to new tenants.
Investment grade and non-investment grade
single tenant properties. |
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Tenant Mix |
Tenant mix
should be diverse yet complimentary. Major tenant lease
terms must comply with the loans fixed term period.
Properties with restaurants, fitness centers, dry
cleaners and other similar business types may have
underwriting restrictions. |
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Loan Size |
Loan sizes
starting at $2 million. |
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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 |
Retail, shopping center, strip center
and out parcel buildings located in mid to large
market sectors and small market sectors with
strong sponsorship. |
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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. |
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Personal Guarantee |
Non-recourse subject to standard
carveouts. |
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Minimum DSCR |
1.25-1.35. |
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Loan-to-Value |
Maximum of 80%. |
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Impounds |
Taxes,
insurance, tenant improvements, replacement reserves,
125% of cost for needed repairs. |
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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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Conduit
Retail
Commercial Loans -
Commercial
Property
Loan Program Home Page
Conduit
loans for retail properties are
provided on commercial real estate property types located in
the Continental United States.
Minimum conduit retail
commercial loan size is
$2,000,000. |
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