CMBS (Commercial Mortgage Backed by Securities) are a type of mortgage-backed security backed by commercial mortgage rather than residential real estate.
Loan amount from $7 million to $1 billion dollars
Up to 75% LTV
10/30 yrs amortization schedule
Non-recourse
Purchase or Refinance
Fixed rates for 10 yrs
Property Types: Retail, Multi-Family, Industrial, Office building and Hotel