Commercial Mortgage
We know that no two investment real estate properties are the same which is why our NJ/NY commercial loans and financing programs are unique to address your specific asset. Spencer provides investment property financing for acquisition as well as refinancing of existing investment property loans. At Spencer, we offer financing for commercial investment properties and some multifamily properties. Our well-seasoned staff has the knowledge and expertise to help you with the financing needed for stabilized properties, purchases and refinances of investment properties.
Additionally, Spencer provides ground-up construction loans for rental multifamily properties and for-sale townhome complexes in New Jersey.
We work with real estate owners and developers primarily in New Jersey to provide construction and permanent commercial mortgages with loan amounts ranging from $1 million to $20 million with terms from 5 to 10 years. Financing is available for medical office, industrial, retail, select multifamily and mixed-use properties. As a balance sheet lender, Spencer offers competitive terms, local decision-making, flexibility and service excellence.
A Spencer commercial real estate lender can help explain the various financing options and help customize a commercial mortgage that’s right for you.
| Recently Closed Transactions | ||
|---|---|---|
| $7,200,000 Apartment/Retail Building 18 apartments, 2 retail units Construction Loan Chatham, NJ |
$3,960,000 Retail Building 20,871SF, 10 tenants Commercial Mortgage Newark, NJ |
$11,000,000 Self-Storage Building 979-unit, Climate-Controlled Bridge Loan Bound Brook, NJ |
| $2,620,000 Medical Office Building 8,400SF, 3 Tenants Commercial Mortgage Brooklyn, NY |
$12,000,000 Primarily Medical Office 119,647SF, 81 Tenants Commercial Mortgage Hamilton, NJ |
$8,260,000 Industrial Building Complex 125,034SF, 65 Tenants Commercial Mortgage Rockaway, NJ |