Large Commercial Conduit Loan Program (CMBS)
Meeting a broad range of needs for commercial real estate investors
across the country, Baron Financial Group provides a dynamic fixed rate
loan program with a range of flexibility and attractive pricing for a
variety of property types located throughout the United States.
The capital market provides abounding opportunities within for the solid and prudent real estate operator. At Baron Financial Group, we combine our knowledge of commercial real estate along with our footing and understanding of the ever-changing and complex world of securitization and provide our clients with the best service and products that can be derived from within the capital markets.
| Property Types: |
Multifamily, Anchored/Unanchored Retail, Office, Industrial, Mobile
Home Parks, Full Service Hotels and Self-Storage. |
| Loan Sizing: |
$4 million to $100 million (or higher). |
| Loan-to Value: |
Amount equal to the lesser of:
- 65-80%* of appraised value; or…
- 1.20-1.25* debt service coverage.
*depending on age and condition of property. |
| Loan Term: |
10-year fixed rate mortgage. |
| Amortization: |
Up to 30-year schedule. |
| Interest Rate : |
Determined by market rates at the time of rate lock. Rates vary
by loan-to-value ratio, debt service coverage and property quality. |
| Personal: |
None, except for standard exceptions to non-recourse, which are
the responsibility of the Key Principal(s). |
| Prepayment: |
Standard defeasance. |
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