Property Types We Finance at Prime Commercial Capital

Multifamily Properties

Multifamily financing is a specialty at Prime Commercial Capital. We offer programs for both conventional and FHA multifamily properties (5+ units) with a wide range of funding solutions.

Highlights:

• Small balance loans: $1M–$5M
• Core agency loans: $5M–$100M
• Uses: acquisition, renovation, development, refinancing, repositioning
• Fixed rates from 3–30 years
• Interest-only and subordinate debt available (approval required)
• Non-recourse available in most cases
• Capital sources: Fannie Mae DUS, Freddie Mac, FHA 221(d), 223(f), banks, CMBS lenders

We require a current rent roll and operating income statement to evaluate requests.

Mixed-Use Properties

These properties typically combine residential units with ground-floor retail or office space (e.g., apartments above a storefront or salon).

Highlights:

• Fast commitments—often within 20 days
• Closing timelines of 45–60 days
• Amortization up to 25 years
• Loan-to-value (LTV) up to 75%
• Down payments are typically 25% (as low as 10% with seller-held second).
• Recourse generally required, with non-recourse possible for strong borrowers

We connect you with local lenders familiar with your market, ensuring competitive rates and smooth transactions.

Office Buildings

We fund both stabilized and transitional office properties for owner-users or investors.

Eligible projects:

• Professional office suites
• Medical office buildings
• Condo offices or suburban office parks

Office loans may include acquisition, refinance, or tenant improvement (TI) financing.

Self-Storage Facilities

We provide capital for the acquisition, expansion, or ground-up development of self-storage projects.

Types covered:

• Drive-up units
• Climate-controlled storage
• Conversions of industrial or retail buildings

Lenders often favor this asset class due to its stable performance in various markets.

Healthcare and Assisted Living Facilities

We work with developers and operators to finance senior housing and healthcare-related properties.

Examples:

• Assisted living and memory care
• Behavioral health clinics
• Medical group campuses

We provide construction, permanent, and bridge loans for this asset class.

Churches and Schools

We provide tailored financing for nonprofit-use facilities such as

• Churches and religious buildings
• Private schools and charter academies
• Community centers and early childhood education facilities

These projects often require niche underwriting and specialized lender relationships.

Automotive and Gas Stations

We have access to lenders who finance

• Auto repair shops
• Tire centers and collision repair
• Owner-occupied or franchise gas stations

Loan structures account for operational licensing, environmental compliance, and cash flow.

We provide land acquisition financing for both raw and improved parcels.

Use cases:

• Future development
• Speculative land holdings
• Pad-ready commercial sites

Both residential and commercial land can be financed under our stated income or conventional programs, depending on borrower qualifications.