
Retail
Benchmark Commercial Lending provides financing for Retail centers throughout the country. Whether you are purchasing a new center, or looking to refinance your existing one, we some of the most aggressive programs available in the market. Eligible properties include both anchored and unanchored retail centers. Rates and terms will vary by property based on a variety of factors including, age, location, loan to value, and an analysis of the cash flow from the property.
Features
- Max Amortization up to 30 years
- Borrower's income may not be needed for Loan Qualification
- Fixed rates including 3,5,7,10 and 15 years
- Interest Only available up to 3 years.
- Assumable loan features
- Non-Recourse available for select properties.
- Streamlined underwriting
- Fast Closings available within 30 to 45 days.
Underwriting Guidelines
- Loan amount from $500,000 to $50 million
- Min DSCR >= 1.25x
- Max LTV <= 80%
- Short term and bridge loan options available for properties that do not cash flow.
We encourage you to give us a call to discuss your current needs. Our experience enables us to meet your needs and provide you with the most competitive rates and terms available in the marketplace.
Check out our products to find an option that fits your needs!
