Why this matters
Sequential lender outreach concedes the price-discovery advantage. Running a structured parallel process, single RFP, single deadline, comparable response format, creates the competitive pressure that produces a meaningfully better deal.
The list matters. A bake-off run on five lenders that fit the deal beats a bake-off run on twenty lenders that don't. Curating the list is where the placement firm earns its fee.
How to use this hub
Read the pillar for the framework. Use the RFP template as the package foundation. Drop into the Q&A library for specific bake-off mechanics. Reach the glossary for terminology.
Pillar guide
Sponsor-side tool
Sibling Q&As
How many lenders should I invite to bid on a CRE deal?
Six to twelve carefully selected lenders is the working range for a CRE debt lender comparison. Fewer leaves pricing on the table; more risks the deal feeling shopped.
LOI, term sheet or loan commitment: what is the difference?
How CRE lenders use indication, LOI, term sheet, and commitment letter at different lender comparison stages, and which document binds whom.
How do you compare financing proposals on the same basis?
Normalize CRE LOIs into a comparison matrix that captures all-in rate, sizing, IO, prepayment, recourse, reserves, exit fees, and closing certainty, not.
What is the typical timeline for a commercial real estate lender search?
A typical CRE lender comparison runs four to six weeks from package complete to signed term sheet, package send, Q&A, indicative LOIs, comparison, best-and-final, award.
Glossary
How we compare financing proposals from multiple lenders
How a CRE debt advisor coordinates lender outreach, compares financing proposals, and negotiates terms. Timing and results vary by transaction.
Find the right type of lender for your property
An overview of the lender categories that may finance commercial real estate: banks, life companies, agencies, debt funds, CMBS, and HUD-specialty lenders.
Tell us about the property and the financing you need
Send a commercial real estate financing request. Marshall Masterson replies within a timeframe agreed after reviewing the request with proceeds, structure and lender fit. Confidential.