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!

Andy, I would love to help you out.  Send me a one page summary and give us a chance.  Hope to hear from you.

Reggie Truss

Andy,

Our brokerage works with lenders in your clients territory and several of them offer these blanket programs. If you have a moment, I'd love to speak with you to learn more about the properties and the borrower to see if We could help you with this.

I hope to hear from you.

Sincerely,

Marty J

[email protected]

@Andy Crawford We do prime rate Commercial lending starting high 3s low 4s based on market