Clopton Capital, a Secondary Market Commercial Real Estate Lender, is Announcing the Availability of Non-Recourse Loans with 10-Year Fixed Rates Below 5%

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Clopton Capital, a secondary market commercial real estate lender, is announcing the availability of non-recourse loans with 10-year fixed rates below 5% Due to the competition within commercial real estate lending and the favorable rate environment, stabilized properties with experienced sponsorship are qualifying for historically low rates while avoiding the need to pledge a personal guarantee. Non-recourse loan sizes range from $2 million and up and can be comprised of a single property or portfolio.

Clopton Capital, a secondary market commercial real estate lender, is announcing the availability of non-recourse loans with 10-year fixed rates below 5%. Due to the competition within commercial real estate lending and the favorable rate environment, stabilized properties with experienced sponsorship are qualifying for historically low rates while avoiding the need to pledge a personal guarantee. Non-recourse loan sizes range from $2 million and up and can be comprised of a single property or portfolio.

Clopton Capital is seeking to construct a loan portfolio of at least $75 million worth of non-recourse commercial loans by the close of the second quarter. Given the volume of 5-year commercial loans set to expire in 2011, alongside the historically low rate environment, Clopton Capital is expecting strong interest in this product.

The loan is structured as standard CMBS loans with fixed rates up to ten years and amortizations up to 30. Currently, the preferred property types include flagged hotels, NNN retail, strip centers, mid-sized office properties, mixed use properties, senior housing / assisted living, and apartments.

“We hope to make a serious impact with the announcement of this product,” says Jake Clopton, President of Clopton Capital. “The folks that are going to benefit the most from this are the middle market property owners that are looking for cash outs, refinances, and non-recourse debt. We’ve seen a lot of borrowers targeting non-recourse options while also expecting recourse loan rates. This new program allows Clopton Capital to offer just that- the best of both worlds.”

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Mark Perkowski

Jake Clopton
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