Perspectives
Core Commercial Refinancing Guide for Commercial Real Estate Sponsors
Core commercial refinancing replaces an existing commercial real estate mortgage with new debt to lower interest rates, extend loan maturity, adjust repayment terms, or release
Commercial Real Estate Debt Yield Calculator
Calculate commercial real estate debt yield, size maximum loan proceeds, and compare debt yield with DSCR and LTV constraints.
Commercial Real Estate Capital Stack: Optimization & Maturity Advisory Guide
In commercial real estate, we define the capital stack as the financial structure detailing the priority of debt and equity used to fund a property.
Private Label Real Estate Loans vs. Wholesale CRE Financing: A Comparison for Sponsors and Advisors
Private label real estate loans allow financial professionals and brokers to offer customized commercial real estate financing under their own brand. Through wholesale capital partnerships,
Understanding CRE Value: Valuation Formulas, Methodologies, and Underwriting Insights
CRE value measures a commercial property's worth, primarily calculated by dividing Net Operating Income (NOI) by the Capitalization Rate (Cap Rate). Property income, location, physical
Healthcare Real Estate Financing: Comparing SBA 504, Conventional, and HUD Options
We structure healthcare real estate financing for medical office buildings, senior housing, and practice locations. Options include SBA 504, conventional commercial mortgages, and HUD/FHA loans
Ambulatory Surgery Center Real Estate Financing Guide: SBA 504, CON & Capitalization
We finance ambulatory surgery center real estate using SBA 504 loans, conventional bank debt, and bridge options. Key factors include Certificate of Need compliance, physician-guarantor
Hotel Debt Service Coverage Ratio Calculator: Underwriting Guide for Hospitality Borrowers
To calculate a hotel debt service coverage ratio (DSCR), divide annual Net Operating Income (NOI) by annual total debt service (principal and interest). At Thorne
How to Start Flipping Houses: A Financing-First Checklist
Learn how to start flipping houses with a practical checklist for ARV, offer price, renovation reserves, financing, timelines, and exit planning.
Commercial Real Estate Loan Maturity Management Strategy: A 12-Month Proactive Playbook
To manage commercial real estate loan maturities effectively, we recommend initiating refinancing discussions 12 to 18 months early, stress-testing property cash flows, exploring loan extensions
Mezzanine Debt vs Preferred Equity for Loan Maturity Gap Financing
Mezzanine debt is subordinate loan financing secured by an equity pledge, offering direct default remedies. Preferred equity sits in the equity stack, prioritizing cash flows
Equity Multiple Calculator for Commercial Real Estate
Calculate commercial real estate equity multiple with acquisition debt, refinance proceeds, sale distributions, capital calls, and an Excel-ready formula.