Life Company Financing for Commercial Real Estate
McBride Capital is a commercial real estate loan brokerage firm conveniently located in Lake Oswego, Oregon. McBride Capital maintains a local feel with National scope. Offering the best in commercial real estate loan brokerage services, we work closely with HUD, FNMA, FHLMC, CMBS, Life Insurance Companies and traditional bank financing options for all property types.
McBride Capital is pleased to announce the refinance of a six-property apartment portfolio, with sites in Washington and Oregon. Refinancing for the 879-unit portfolio was arranged by Ken McBride.
Life Company Loans for the Construction, Purchase, and Refinance for all Commercial Real Estate Property Types.
Life Companies provide a great lending platform for commercial real estate. While they are generally more conservative from a leverage perspective they provide longer and more flexible loans than more traditional banking options.
Life Companies generally stick to the four main segments of commercial real estate: multifamily, office, retail, and industrial. Life Companies tend to be a good choice for long term holders, with most lenders preferring terms 10 years or greater. Most loans are non-recourse and interest only periods are available and tend to be granted for longer terms as leverage is decreased.
McBride Capital has Life Company relationships that fund loans as small as $1 million and as high as $200 million. While this execution tends to be more conservative in a LTV perspective, they are often more aggressive with interest rates.
Amortization for Life Company loans range from 25 to 30 years, with terms ranging from 10 to 30 years. A Life Company 30/30 loans is a great alternative to HUD for those looking for a long term, fully amortizing loan.
McBride Capital's loan processing team is well-versed in working on Life Company loans and interface with the lender to greatly reduce the workload of the borrower. Weekly calls are often established to make sure the loan is tracking appropriately and closes smoothly and on time.
Contact us to receive more specific Life Company terms based on your particular project.