Commercial Real Estate Financing [Nationwide]

[James McAlister]

Private Commercial Real Estate Loans

When it comes to Commercial Real Estate Financing, Glassridge has access to some of the best rates and terms in the industry. Due to the generally more stable & lagging nature of commercial real estate assets (under proper management), reasonably-priced commercial loans are broadly available for a wide variety of transaction scenarios.

Glassridge Private Commercial Real Estate Financing

Attempting to generalize for all of our Commercial Real Estate Private Hard Money Loan options is difficult undertaking indeed. The main reason is that we offer products for a wide a variety of different types of commercial properties. Some of the types of commercial deals we'd love to help you get funded include:

• Apartment building loans.
• Office building financing.
• Retail and storefront loans.
• Industrial property loans.

When To Use Private Commercial Financing

Commercial Loans are not right for every scenario. There are certain times to go with the bank, and other times when Private Hard Money is the better choice. Specifically, here are some of the best scenarios when it makes sense to shop for Private Commercial Real Estate Loans:

• Deals when the bank says no. Banks are picky when it comes to funding commercial deals, whether it's due to the Borrower or the deal itself, you can often find more flexibility via private hard money.
• Properties that require major renovations. Banks don't typically like to lend on very distressed commercial properties, especially if they're unoccupied & require significant improvements before collecting lease income. Hard Money Loans are perfect for this exact scenario.
• Deals that need to close fast. Banks, especially big banks, move slow on commercial transactions, because they need to get the approval from multiple layers of management. Your Hard Money Lender is ready to make decisions, handle due diligence, and get transactions closed fast, according to your schedule.
• Unusual transaction scenarios. Commercial properties can fall into all sorts of difficult situations, from inheritances, to divorces, to split business partnerships, to liens & back taxes owed, to sick or retiring owners, to receivership & foreclosures. Hard Money Lenders will be much more flexible than the bank when you need to deal with an unusual property scenario.

If you have a commercial transaction (acquisition, renovation, or refinance) that in any way fits the above scenarios, or you'd just like to shop our alternatives to see how we stack up against your current commercial financing, feel free to contact me here on BiggerPockets, or check us out at Glassridge.com.

Thanks!