Looking for Portfolio Lender to do Blanket Loan in IN and/or OH
I have a client seeking a commercial blanket refinance loan on 58-unit SFR/small MF portfolio in Indiana (South Bend) and Ohio (Cleveland). Aside from the B2R and Colony options (which, though non-recourse, have a higher interest rate--currently ~6.5%--than my borrower wants), does anyone have recommendations for local banks or credit unions who are active in these areas?
I am currently closing a portfolio refi for a client here in Las Vegas for 4.5% (on 60% loan-to-cost) and looking for something similar out there.
Thanks for the help!
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