Small Commercial Conduit Loan Program (CMBS)
Baron Financial Group offers a full array of financing options under our full service
Conduit Loan Program. Both fixed and floating rate financing options
are available for CRE client’s transaction. Loans under this
program can be as small as $1,000,000 and cover a wide variety of property
types.
If you're looking for a fixed rate, non-recourse loan program that provides a streamlined application process, and designed specifically to dramatically lower loan costs and provide a simple closing process, well, you've found it!
This Small Commercial Conduit Loan Program is designed specifically to save money and time. Loan costs are substantially reduced compared to other programs in the marketplace and, guess what...no surprises, the costs are fixed. Let BFG arrange the right loan for you.
| Property Types: |
Multifamily, Office, Anchored/Unanchored Retail, Mobile
Home Communities, Multi-Tenanted Industrial and Self-Storage. |
| Loan Sizing: |
$1 million to $3 million for all property types.
$1 million to $5 million for mobile home communities.
Any size for drug stores. |
| Loan-To-Value: |
Up to 80%. |
| Loan Term: |
5-year, 7-year, 10-year, and 15-year fixed rate mortgages. |
| Amortization: |
Up to 30 years. |
| Interest Rate: |
Currently ranging from 120 to 175 basis points over the 10-year
Treasury. Final spread ultimately depends on property type, quality,
location, performance, etc. |
| Debt Service: |
1.25x for multifamily and mobile home communities.
1.30 for all other property types. |
| Personal: |
Non-recourse, subject to standard carve-outs. |
| Prepayment: |
Standard defeasance. |
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