Industrial Building Loans


FastCommercialLoans.net provides access to commercial property loans for warehouse and industrial properties for single tenant and multi-tenant properties in strong and medium market sectors.
SP
Acceptable properties may be used for manufacturing, research and development, storage, and assembly with property quality grade of B or better. Properties should be located in industrial park developments with good access to major highways and thoroughfares.
SP
CommercialBanc offers non-conduit industrial property loans and warehouse loans through its traditional commercial mortgage program. For industrial commercial loans under $1 million, please visit the Small Balance Plus program page for more information.


Warehouse Loan and Industrial Loan Guidelines:
SP
Eligible Properties Warehouse, light industrial, mixed, storage, packaging, research, manufacturing, and other similarly zoned property types.
Loan Size Minimum loan size $1,000,000.
Warehouse loan and industrial loan sizes under $1,000,000 are available under the small balance commercial loan program.
Pricing Tiered pricing based on LTV and DSCR
115-185 BPS above comparable "on the run" Treasury rates.
Rate buy downs are available
Location Located in mid to large market sectors and small market sectors with strong sponsorship.
Programs 5, 7, 10, and 20 fixed rate terms.
Amortization 25 and 30 years
Prepayment Defeasance
Personal Guarantees Non-recourse with standard carveouts.
Minimum DSC 1.25
Fees Fixed at $9,500 - $18,500, due at registration
Property condition report required based on asset condition/quality.
Loan-to-Value 75% - 85% LTV for purchases, rate and term refinance, and cash out refinances depending on property quality.
Rate Lock 30-day forward lock available with U/W approval
2% commitment deposit credited at closing.
Occupancy Requirements Stabilized properties where tenant mix should be of strong quality as determined by stability of business and financial condition. Prefer rent roll with staggered expirations. Leases should be representative of the market.
NOI Analysis 3 years of operating statements are required with preference towards triple net leases. Lease expiration should be smooth with annual lease expirations in any given year to not fall below a 1.0x DSCR.
Impounds Taxes, insurance, tenant improvements, replacement reserves, 125% for needed repairs.
Preliminary Submission Package For a Conduit Warehouse Loan or Industrial Property Loan: Include the following in your request for a conduit warehouse loan quote:

1. Property description and location map
2. Representative color photographs
3. Current rent roll and year-to-date operating statement
4. Operating history - prior 3 years, if available
5. Current year operating budget
6. Existing debt and cost basis
7. Sponsor resume 


We have some of the best industrial loan options in the market today.  Get pre approved now for your industrial building loan by filling out our Request A Quote Form.