U.S. Real Estate Finance
CIBC World Markets is one of the most active direct lenders and principal underwriters of commercial real estate loans in the United States with a full menu of loan programs (70 KB) including Permanent, Construction/Bridge, B-Note/Mezzanine and other capital solutions. The Real Estate Finance Group has expertise in financing all asset types with an emphasis on office, retail, multifamily, industrial and hotel properties.
The Group provides borrowers with exceptional service through five regional offices: New York, Chicago, Los Angeles, Atlanta and Salt Lake City. Our clients include owners, developers, opportunity funds and public real estate companies throughout North America.
The Real Estate Finance Group has financed an impressive number of large loans (80 KB) for our clients.
Origination and distribution volume for the Group, including the issuance of CMBS Securities (70 KB) as lead or co-lead manager, has exceeded USD$50 billion.
Expertise
Our experienced professionals can deliver customized solutions for any real estate transaction including:
- Commercial mortgage backed securities offerings (CMBS)
- Construction, bridge and permanent financing
- Mezzanine loans
- Collateralized debt obligations (CDOs)
- Mergers and acquisitions
- 1031 acquisition financing
- Asset/portfolio acquisition and financing
- CMBS portfolio purchases
- Advisory
Permanent Loans
The Real Estate Finance Group provides permanent financing for a variety of income-producing properties including:- Multifamily
- Retail
- Industrial/Warehouse
- Office
- Self Storage
- Hotel
- Mixed Use
- Mobile Home Parks
- Student Housing
Key program features:
- Availability of rate lock agreements
- Rapid initial response: deals are quoted within 2 days of receiving a financing package
- Very competitive pricing
- The ability to structure single and multiple asset CMBS offerings
- All permanent loans are non-recourse
- Loan sizes range from USD$3-$150 million with terms between 5 and 20 years
Construction and Interim Loans
The Real Estate Finance Group is a full-service construction lender for ground-up construction, renovation and expansion projects. We also provide bridge loans for repositioning projects and other short-term financing needs. The Group has a strong track record of providing construction financing on virtually all property types including regional malls, large office buildings, multifamily projects and hotels. Minimum loan sizes start at $5 million, with no maximum. Some of the nation's largest developers consistently choose CIBC World Markets for their construction and bridge financing needs.
Key program features:
- The ability to close acquisition financing in 1-3 weeks, if necessary
- An in-house servicing department and a dedicated contact for the Borrower
- The ability to arrange and fund large construction and bridge loans using our balance sheet; and later syndicate portions of those loans after loan closing, as part of a seamless execution
