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The office market provides diverse opportunities for owners and developers. For new acquisitions or refinancing, MM4L has a wealth of lending sources who specialize in office properties. Whether it be a leasing issue, a need for significant tenant improvements or a complicated ground lease, MM4L can work through the issues and help you take advantage of the unique opportunities in the office financing market. We can provide the capital resources that help borrowers maximize the potential of new or existing properties in the dynamic office building marketplace.

MM4L can provide the following loans:

• Permanent Loans: Fixed Rate, Non-Recourse loans with maturities of between 3 & 20 years are available. Amortization will vary, based upon leverage amount and property effective age. Minimum loan to value of 85%.

• Bridge Loans: This financing structure accommodates existing properties undergoing tenant transition, or which have upside potential. The bridge loan structure can provide the capital required for property stabilization at floating rate pricing, which allows the loan to be refinanced at par (no penalty) once the income is stabilized.

• Construction Loans: Projects with pre-leasing of 30% or more can qualify from 70% to 85% of cost construction financing. In some cases a combination construction permanent loan will be offered, saving the cost of closing two loans and taking the guesswork out of the permanent loan term.

• Forward Commitments: Fixed rate permanent financing can be secured in advance for properties, which are at least 50% pre-leased and 6 to 12 months from completion. The forward commitment allows the loan rate and terms to be determined today, which can be used to attract or improve construction financing.

• Development Mezzanine Financing: Mezzanine provides additional leverage above the first mortgage position, to complete the capital structure for development or redevelopment of projects 25% pre-leased or better. Mezzanine Financing increases available financing up to 95% of the total cost for projects.

• Permanent Mezzanine: This form of mezzanine provides liquidity for equity contained in stabilized properties. Loan proceeds, above the first mortgage up to 90% of value, are provided on a fully amortized basis. This product allows the borrower to tap into a property's value, without the tax implications of a sale.

Click on the links below to get a better idea of all Property Types we can finance.

• Multi-Family/Apartment Buildings
• Mixed-Use Properties
• Office Buildings
• Co-op Mortgages
• Retail Property Financing
• Warehouse / Industrial
• Hotel / Hospitality
• Self Storage
• Commercial Co-ops and Condos
• Congregate Care Facilities
• Specialty Properties(including Golf Courses)

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