Commercial Lending

The JMGroup at Sentrix Financial Services, Inc.

 

What is a commercial mortgage?

A commercial mortgage is a mortgage loan made using commercial real estate as collateral to secure repayment.

A commercial mortgage is similar to a residential mortgage, except the collateral is a commercial building or other business real estate, not residential property. In addition, commercial mortgages are typically taken on by businesses instead of individual borrowers. The borrower may be a partnership, incorporated business, or limited company, so assessment of the creditworthiness of the business can be more complicated than is the case with residential mortgages.

 

Some commercial mortgages are nonrecourse, that is, that in the event of default in repayment, the creditor can only seize the collateral, but has no further claim against the borrower for any remaining deficiency. The general reason for this is twofold: many laws significantly prevent the creditor from going after the borrower for any deficiency, and mortgages structured for sale as bonds give a higher priority to constantly receiving some sort of income and therefore require a clause which allows the lender to take the property immediately, regardless of bankruptcy proceedings that the borrower might be going through.

 

Frequently, the mortgage is supplemented by a general obligation of the borrower or a personal guarantee from the owner(s), which makes the debt payable in full even if foreclosure on the mortgaged collateral does not satisfy the outstanding balance.

 

What we provide

 

The JMGroup at Sentrix Financial, provides customized financing solutions for nationwide commercial loans, including:

 

Apartment Loans – Financing for apartment buildings and multi-family properties with more than 5 units. We provide several direct, highly competitive commercial real estate loan products for qualified properties with commercial mortgages from $500,000 up to $100 million plus.

 

Office Building Loans – Large or small office building financing available with competitive rates. Whether you need to refinance an existing office property or you need acquisition financing – we can help you structure the office loan that meets your needs.

 

Hospitality & Hotel Loans – An important investment sector in the commercial loan market. Getting a hotel loan for a property is possible provided it meets some basic conditions, including that the property is well located and has a profitable operating history.

 

Retail Property Loans – Flexible lending programs for retail business owners and investors. Eligible properties include either anchored or unanchored single-story retail centers, as well as net leased single tenant properties with certain occupancy and sales requirements.

 

Other Loan Programs – Includes industrial & warehouse, self storage loans, construction loans, mezzanine financing, smaller multifamily loans, and more…

 

The JMGroup at Sentrix Financial Advantage

 

The JMGroup provides financing solutions for commercial loans nationwide, including the following services:

 

Investment Advisory Services – Our primary objective is to provide the most reliable and efficient means of sourcing both debt and equity for your commercial real estate loans

 

Access to Capital Markets – Access to a comprehensive stable of direct capital alternatives and the insight to help you make sense of the options.

 

Transaction Management – Steelhead provides more assistance managing transaction workflow than most banks are willing to offer.

 

Professional Underwriting – In addition to permanent debt financing, we regularly structure transactions using high-leverage bridge loans, mezzanine debt, construction loans and straight equity.

 

Private Banking Experience – Unique approach to managing transactions that gives you the confidence to focus on executing your business plan.

 

How is The JMGroup at Sentrix Financial different from my bank?

 

Do we end up paying more by working with The JMGroup as our broker?

How does The JMGroup choose its clients?

What lending sources does The JMGroup typically fund through?

What requirements must be met in order to qualify for a commercial loan?

What are my alternatives for securing capital?

How long will it take to receive funding?

What else can you tell me about the lending process?

 

At The JMGroup, our two main goals in any transaction are 1) to create a competitive environment that forces capital sources to compete for the borrower’s loan and 2) to manage the transaction workflow so the borrower can focus on executing their business plans.

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