Life-company and CMBS desks compete actively on long-WALT Class A and credit-tenant lab product in Cambridge and the Seaport. Suburban Class B office requires a focused tenant credit story to clear competitively. Massachusetts regional banks anchor the smaller-balance and bridge competition pool.
Active capital sources
- Life Companies
- CMBS Lenders
- Mass. Regional Banks
- National Debt Funds
Loan programs we place
- Stabilized Perm Debt
- Lab / Life-Science Bridge
- TI/LC Reserves Financing
- Refinance / Recapitalization
Frequently asked questions
What is the current LTV for Boston-area office?
Leverage on stabilized Class A is typically 55% to 65%; lab / life-science with credit tenancy can clear 60% to 70% on the right WALT and rollover profile.
Do you finance lab and life-science conversions?
We can evaluate the property and financing request, then identify lenders whose programs may fit. Lender appetite and terms need to be confirmed for the specific transaction.
Is non-recourse debt available for Massachusetts office?
Non-recourse is available for stabilized Class A and credit-tenant lab through CMBS and life companies.