For 2019, the average commercial real estate loan interest rate ranges from approximately 4% to 5%. Find out more about what the average commercial real estate loan rates are for different types of loans and projects.
Commercial mortgage rates remain very low for many types of properties. Currently, the types of properties that lenders prefer are: multi-tenanted office, retail, industrial, and warehouse properties in good locations and in solid markets.
A commercial mortgage is a loan taken out on commercial real estate (as opposed to residential) with the property as collateral. The borrower is generally a company or business as opposed to an individual and the business may be either a partnership, limited company or incorporated.
We know that no two investment real estate properties are the same which is why our NJ/NY commercial loans and financing programs are unique to address your specific asset. spencer provides investment property financing for acquisition as well as refinancing of existing investment property loans.
Exantas Capital (NYSE:XAN) acquires a $196.8M portfolio of floating-rate commercial real estate mortgage loans from C-III Commercial Mortgage, which is an affiliate of Exantas’s external manager.
Current Mortgage Rates What You Need to Know About Commercial Property Financing Obtaining a business real estate advance is a lot more difficult than getting a home advance, and you need to be prepared for a grueling process that has many twists and turns – and sometimes a surprise ending.