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Office Property Financing in Florida

Florida office is an unusually strong story by national standards. Miami's Brickell and Wynwood markets have absorbed sustained corporate relocation demand from the Northeast, and the I-4 corridor (Tampa Westshore, Downtown Orlando) and Jacksonville have all seen meaningfully better Class A office fundamentals than most U.S. metros over the past five years.

Life-company and CMBS desks compete actively on long-WALT Class A office in Brickell, Wynwood, Tampa Westshore, and Downtown Orlando. Florida regional banks anchor the smaller-balance pool. Suburban Class B office is a narrower lender conversation, with the same flight-to-quality dynamic affecting the entire national market.

Active capital sources

  • Life Companies
  • CMBS Lenders
  • Florida Regional Banks
  • National Debt Funds

Loan programs we place

  • Stabilized Perm Debt
  • Office Bridge Loans
  • TI/LC Reserves Financing
  • Refinance / Recapitalization

Frequently asked questions

What is the current LTV for Miami / Brickell office?

Leverage on stabilized Class A trophy office with strong tenancy is typically 55% to 65%; assets with lease-up or rollover are tighter.

Has Florida office really outperformed the national market?

Yes by most measures. Miami in particular has seen sustained absorption driven by financial-services and tech relocations. Lender appetite reflects that, with a deeper bid pool than most U.S. office markets outside select Sun Belt CBDs.

Is non-recourse debt available for Florida office?

Non-recourse is available for stabilized Class A through CMBS and life companies. Smaller-balance regional bank loans frequently require some level of recourse.

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