CMBS LOANS
Alliance Business Capital offers CMBS (Commercial Mortgage-Backed Securities) Loans as a Commercial Loan Broker and works with 2-3 CMBS Lenders to offer our clients this financing option.
You will find very competitive rates from our CMBS Lending Partners along with upfront credit approval and timely closings.
Please see below for more information on the CMBS Loans available through Alliance Business Capital and thank you for allowing Alliance to assist you with your financing request.
CMBS Loans General Guidelines
| Property Types: Stabilized and near stabilized: | Multifamily, Industrial, Office, Retail, Self-Storage, Manufactured Housing and Limited Hospitality (flagged) |
| Markets: | Nationwide |
| Fixed Rates: | Attractive Rates |
| Loan Size: | $2 Million to $100 Million with exceptions for larger loans on a case-by-case basis |
| Loan Purpose: | Acquisition, Refinance, and Recapitalization |
| Terms: | 5,7, and 10 years |
| Leverage: | Up to 80% LTV depending on property type / location |
| Recourse: | Typically Non-Recourse with standard carve-outs |
| Prepayment Penalty: | Yield Maintenance or Defeasance |
| Minimum DSCR: | Multifamily: 1.20x Commercial: 1.25x |
| Minimum Debt Yield: | Multifamily: 6.5% Commercial: 7.5% |
| Interest Only: | Full term and partial interest considered on a case-by-case basis |
| Amortization: | 25-30 years |
| Origination Fee: | Alliance: 1-2% Lender: 0 |
| Borrower: | Single purpose entity required |
| Reserves: | TI/LC; CapEx as applicable |
Disclosure
Alliance Business Capital is a Commerical Loan Broker on all CMBS Loans. We do not fund CMBS Loans ourselves and rely on our CMBS Lending Partners for all funding of CMBS Loans originated by Alliance.