Commercial Real Estate Loans
We have financing expertise in the purchase or refinance of all types of investment properties including office buildings, industrial properties, apartment buildings, and mixed use properties.
When your project or property is financed by Needham Bank, you get much more than just a commercial loan. You also benefit from our legacy as a leader in the Commercial Real Estate market. In fact, we’re so well versed in Commercial Real Estate and Construction lending that we’re known as the “Builder’s Bank” in many industry circles. With us you work with a lender who innately understands the challenges you’re facing; this isn’t new territory for us.
But also with Needham Bank, you get a responsive and prompt banking relationship. Our Credit Committee meets at least twice each week and our Security Committee meets daily. This means that our customers get their loans approved and closed faster, construction inspections are completed in a more timely manner and construction funds are disbursed more promptly. We know what matters to developers and cater our services to exceed expectations.
Commercial Real Estate Lending Products
Our Commercial Real Estate lending products are designed to scale to meet the needs and complexities of the project or property you are purchasing or refinancing. With straightforward and transparent lending options, you’ll have the finding you need to support your success.
Commercial Real Estate Highlights
Click here to contact one of our Commercial Real Estate (CRE) Lenders.
Needham Bank offers a wide variety of Commercial Real Estate (CRE) loans including permanent mortgages, lines of credit and construction loans.
Financing for construction loans is usually interest only for an 18 month period at a rate determined by market conditions.