Property and operating picture
Review use, occupancy, leases, rent roll, operating expenses, needed improvements, and expected net operating income. Lenders may evaluate each asset class differently.
Commercial financing starts with the business plan and the property’s ability to support the proposed debt.
Capital and term
Compare the amount of equity, amortization, maturity, fees, rate structure, recourse, and possible prepayment terms. The lowest advertised rate may not represent the best total fit.
Acquisition or refinance
Tell the team whether you are buying, refinancing, improving, or stabilizing a property. Timing and existing debt may affect which sources are practical.
Next discussion
Arta can review multifamily, industrial, office, retail, and other commercial scenarios and identify the materials a lender may request. Programs and approval are lender-specific.
Consider the operating plan, too
For a commercial or income property, loan terms are only one part of the picture. Review expected operating costs and whether tenant relations, upkeep and reporting call for ongoing management support.
Property management services