Industrial Property Loans

 

Industrial Property Loans

Industrial Real Estate Financing - Industrial Property Hard Money

Industrial real estate investing is a competitive & exciting niche, as is industrial real estate financing. Industrial property loans are broadly available from banks & private investors alike, so finding financing should never hold you back from an industrial property investment.

Especially for newer industrial buildings in major cities, these are one of our hottest commodities right now as a Lender. If you're a qualified Industrial Property Real Estate Investor & Borrower, we can definitely get you funded.

Glassridge Industrial Real Estate Loans

The Industrial Property Loan rates & terms listed below are subject to change, and will not apply universally. These are just rough ballpark rates & an outline of the typical terms.

Eligible Property Types:Click here for a list of eligible property types.
Eligible Uses:Acquisition, Refinance, and/or Renovations.
Loan Term:1 - 30+ years.
Min. Loan Balance:$500k (with some exceptions)
Max LTV (Purchase Price):60% - 70%, with up to 80%+ for highly qualified repeat Borrowers.
Max LTV (Rehab Costs):90% - 100%
Interest Rate:6.25% - 12%
Rate Type:Fixed and Variable Rates Available.
Origination Fee:2% - 4%
Processing Costs:$695 - $1295

About Our Industrial Property Financing Loan Programs

Industrial properties are one niche of commercial financing where we, as private lenders, go head to head with the banks. And typically, on the numbers alone, for boring long-term Buy & Hold on performing assets, banks will beat us!

But not every industrial property acquisition or refinance will even be considered (much less funded) by banks, which is why Private Industrial Property Hard Money Loans are a growing commodity among savvy & qualified investors.

In the right location, leased to the right audience, under proper management, industrial properties can be one of the most stable & consistent asset classes on the board. Industrial properties, especially newer buildings in major urban centers, are one of the most desirable types of real estate across the globe. Due to their generally higher acquisition cost, finding the best industrial property financing is an especially important component of any commercial real estate investor's business strategy.

Industrial Property Commercial Real Estate Loans

Industrial real estate loans are a highly specialized real estate financing option. Similar to most types of commercial real estate loans we offer, Industrial Property Private Hard Money Loans have several distinct Pros and Cons.

This type of niche financing is largely shaped by the fact that both traditional banks' commercial lending branches and private lenders compete over the same deals. This means better rates for you, the qualified Borrower, but it also means added chaos & confusion in the loan shopping process.

If you're investing in industrial properties, you should always be exploring as many financing options as possible, since a few Points here, or a botched deal there add up when your average transaction size is >$1m.

Pros of Industrial Property Loans:

  • Can close on deals where the banks said "No."
  • Provide more flexible terms than bank financing.
  • Best when you need to get the deal closed... fast!
  • Only option for Fix & Flips or Rehab & Rent scenarios.

Cons of Industrial Property Loans:

  • More expensive than bank loans (usually by 2% - 4% interest and/or 1 - 2 Points on the Origination Fee).
  • Still will require a qualified Borrower with a high down payment (65% - 80% max LTV).
  • Options vary significantly state-to-state, town-to-town, and even neighborhood-to-neighborhood.

Ultimately, if you're looking at a new acquisition or major refinance on an industrial property, you need to shop around!

At Glassridge, we pride ourselves on being able to close on a wide variety of commercial properties in most locations around the US by partnering with local specialists everywhere.

Types Of Industrial Properties We Can Finance

In general our goal is to be able to connect you to the right financial instrument to close on or refinance any sound Industrial Property Investment.

However, there are several particular types of industrial real estate financing deals we'd love to help you get funded include:

  • Warehouse building loans.
  • Distribution center loans.
  • Heavy industrial building loans.
  • Light manufacturing building loans
  • Data center & telecom building financing.
  • Flex industrial financing.
  • R&D building loans.
  • Many more!

If you are planning to purchase or refinance an industrial property, Glassridge can connect you to some of the best industrial real estate private money loan rates and terms in the industry.

If you're wondering about what type of rates & terms we can provide on your next industrial property acquisition or refinance, the best place to start is our quick, online: 2 Minute Pre-Qual™.