The commercial real estate market is very hot right now in the Montclair, NJ area. Everything from small fix and flip projects, on up to office space, retail venues, healthcare centers, hotels, and more. However, independent investors are often caught in red tape and prohibitive requirements when trying to get loans from banks and other traditional lending channels. As a means of sidestepping these pitfalls, and getting commercial real estate transactions funded quickly and efficiently, many Montclair, NJ commercial real estate investors are taking advantage of a wide range of special programs for CRE projects of all sizes.

SBA Loans For Commercial Real Estate

Most people think of SBA loans for working capital when starting a new business, but there are also programs designed for the acquisition of commercial properties. Normally, the processing SBA loans requests can take a while before funds are disbursed. To remedy this, the SBA has designated select commercial lenders as “Preferred Financial Services Companies,” and partnering with these companies can get SBA loans fast tracked to keep commercial real estate projects in motion.

Mezzanine Financing

Mezzanine financing is designed for larger commercial real estate projects in Montclair, NJ. Mezzanine financing focuses more on the overall profitability of a project instead of using the “one size fits all” method of traditional lending institutions. Mezzanine financing is a great solution for shopping centers, large multifamily apartment complexes, hospitals, and hotels. Mezzanine loans combine features of both debt and equity lending, with investors taking on lenders as partners, to help keep things on track and maximize profitability. This type of financing also has zero prepayment penalties, so if the opportunity presents itself to repay the loan ahead of schedule, no heavy fees will be levied against the investor.

CMBS Conduit Loans

Commercial Mortgage Backed Securities (CMBS) Conduit loans provide Montclair, NJ commercial real estate investors with fixed rate loans which can be used for a variety of property types. CMBS conduit loans are typically used for retail properties, office space, self-storage, industrial plants, hotels, multifamily residences, and similar. As with SBA loans, select commercial finance companies have the capital resources and inroads to get CMBS conduit loans approved for CRE investors.

Finding The Right Commercial Real Estate Financing In The Montclair Area

Above are just a few of the many programs available for commercial real estate investors in Montclair, NJ. If you are in need of financing for a project of any size, call The Capital Lenders at 973-577-4226. We are a “Preferred Financial Services Company,” and can fast track SBA loans requests. We also have the resources to process CMBS conduit loans for larger projects. Contact us for a no-obligation analysis to find the right funding programs for acquisitions, construction, or refinancing commercial properties.