Stabilized Retail
Grocery-anchored, STNL, and unanchored multi-tenant retail with strong rent rolls.
Capital Source
CMBS
Non-recourse, fixed-rate conduit financing for stabilized commercial assets.
Loan Amount
$5M – $150M+
Term
5 or 10 Years
Rate Range
5.85% – 7.10%
LTV / LTC
Up to 75%
Program Overview
How cmbs works.
CMBS (Commercial Mortgage-Backed Securities) provides 5- and 10-year fixed-rate, non-recourse permanent debt for stabilized income-producing properties. CMBS lenders pool loans and securitize them in the public markets, which means tighter underwriting boxes but also competitive pricing, full-term interest-only options on lower-leverage deals, and zero recourse outside standard bad-boy carve-outs. Best for stabilized retail (especially grocery-anchored), industrial, hospitality, self-storage, office, and mixed-use assets where the sponsor wants to maximize proceeds and lock in long-term fixed rates without recourse. Defeasance or yield maintenance applies, so CMBS is best when you intend to hold to maturity.
- Full-term interest-only available on lower-leverage deals
- Non-recourse with standard carve-outs
- Higher proceeds than life co. or bank debt
- Available on most property types except multifamily (use agency)
Use Cases
When sponsors choose cmbs.
Industrial & Logistics
Bulk distribution, last-mile, and multi-tenant industrial parks.
Hospitality
Flagged select-service, full-service, and resort hotels with proven RevPAR.
Office & Mixed-Use
Stabilized office and mixed-use assets in major MSAs with credit tenancy.
Best-Fit Asset Classes
Property types that match cmbs.
Where this capital source delivers the strongest execution today.
Retail
Top execution for grocery-anchored, STNL, and unanchored retail with strong rent rolls.
Explore Retail financing →Industrial
Stabilized bulk distribution and multi-tenant industrial with non-recourse, full-term I/O.
Explore Industrial financing →Hospitality
Flagged select-service and full-service hotels with proven RevPAR — the deepest hotel debt market.
Explore Hospitality financing →Office & Mixed-Use
Selective execution for credit-tenant stabilized office in major MSAs.
Explore Office & Mixed-Use financing →Specialty
Self-storage and specialty income-producing assets with stabilized cash flow.
Explore Specialty financing →Ready to explore cmbs?
Submit your scenario and receive multiple competitive term sheets within 5–10 business days.