Eligible Property Types
- Light industrial and flex/industrial buildings
- Warehouse and bulk distribution facilities
- Multi-tenant industrial parks and flex centers
- Single-tenant industrial with long-term net leases
- Cold storage and temperature-controlled distribution (select markets)
- Last-mile urban logistics and infill industrial
Common Use Cases
- Acquisition of stabilized multi-tenant industrial with in-place tenancy
- Single-tenant NNN industrial acquisition with institutional or creditworthy tenancy
- Bridge financing for industrial in lease-up or transitional vacancy
- Refinance of maturing industrial debt on stabilized assets
- Cash-out recapitalization of equity from seasoned industrial portfolio assets
- Value-add repositioning of below-market industrial parks
Typical Borrower Profile
- Commercial real estate investors and operators with industrial experience
- Net lease industrial investors with single-tenant acquisition focus
- Multi-tenant industrial operators with a leasing and management platform
- Value-add CRE sponsors repositioning underperforming industrial parks
Required Documentation
- Current rent roll with tenant names, lease terms, and base rents
- Trailing 12-month operating statement
- Executed leases for major tenants
- Borrower/sponsor background and entity documents
- Property appraisal or recent market valuation
- Site plan, site photos, and property description
Frequently Asked Questions
Why is industrial considered an attractive commercial real estate asset class?
Industrial real estate has benefited from strong demand driven by e-commerce, supply chain reshoring, and last-mile logistics. Vacancy in most industrial markets remains near historic lows, supporting stable NOI and collateral values.
What industrial property types are most financeable?
Light industrial, flex/industrial, multi-tenant industrial parks, and single-tenant warehouse with creditworthy tenancy are among the most readily financed. Specialty industrial types (cold storage, heavy manufacturing) are evaluated on a case-by-case basis.
What LTV is available for industrial loans?
Stabilized industrial with strong in-place tenancy typically qualifies for up to 70–75% LTV. Single-tenant NNN with long remaining lease terms may support similar leverage depending on tenant credit. Transitional or vacant industrial is typically financed at lower leverage through bridge programs.
Request Preliminary Terms
Submit your loan request summary and a member of our originations team will follow up to discuss preliminary terms.
Submit a Loan Request Contact OriginationsEligible Markets
Lending is limited to the Top 200 U.S. MSAs. Rural and low-population markets are not eligible.
Subject to underwriting, collateral review, borrower qualification, and lender approval. Not a commitment to lend.
How the Preliminary Term Process Works
Programs are available for qualified sponsors, developers, brokers, and real estate investors. Preliminary terms are subject to underwriting, valuation, market conditions, borrower qualifications, collateral review, and final credit approval.
Step 01
Submit Loan Request Summary
Provide property address, loan amount requested, use of proceeds, and sponsor information through our secure loan request submission portal.
Step 02
Preliminary Review
Our originations team reviews the submission and responds with a preliminary indication of interest and any additional information needed.
Step 03
Term Sheet Issuance
If the loan request meets our program criteria, we issue a preliminary term sheet outlining structure, pricing, and conditions for formal underwriting.