What are current Mortgage Rates on Class A office buildings?

60,000 square feet, three stories. Assuming 90% occupancy.
In Market Conditions - Asked by Richard M. - Oct 23, 2008
Report Abuse
Answer this Question

Answer(s)

Justin B.
Lender/Mortgage Broker
Austin, TX

Depending on loan amount and LTV, you're looking at around 7% at the moment with a 20-25 yr amortization on a 5-7 year fixed.

Oct 28, 2008
Report Abuse
Joe V.
Owner/Investor
Plymouth, MI

100% LTV/100% financing. Interest rate 4.5% - 8.25% depending on the deal. This isn't hard money, so no points and a very low process fee. joe@commercialfinanceconsultants.com

Nov 18, 2008
Report Abuse
Chris S.
Broker/Agent
Coeur D'alene, ID

All depends on the specifics, DCR and LTV.
I have a quote for commercial loans from a major national lender at 5%, 20 year amort, 3 year fixed.

Jan 16, 2009
Report Abuse

Welcome to Answers

LoopNet Answers is where the commercial real estate community shares what they know to help each other out. And it's all for free.

Ask a question to get advice from brokers, investors, professionals and local experts.

Answer questions to raise your visibility as a trusted advisor and build new relationships.

Ask a Question

Post Question