Perspectives
Understanding CDC and Senior Lender Maximum LTV in the SBA 504 Structure
Explore how the senior third-party lender maximum LTV interacts with the CDC debenture in an SBA 504 capital stack to structure commercial real estate loans.
Structuring Commercial Bridge to SBA Takeout Financing for Multi-Unit Real Estate
Discover how we structure commercial bridge loans into permanent SBA 504 or 7(a) takeout financing for multi-unit commercial property acquisitions and repositio
SBA 504 Self-Storage Facility Financing Requirements: A Comprehensive Guide
To qualify for SBA 504 self-storage financing, we look for for-profit businesses with tangible net worth under $15M, average net income under $5M, 10% to
Structuring Management Buyouts Involving Commercial Real Estate via SBA Financing
Explore how to finance a management buyout (MBO) that includes commercial real estate using SBA 7(a) and 504 loans. Learn equity rules, structures, and key
Refinancing Commercial Mortgage Balloon Payments with SBA 504 Loans: A Strategic Guide
Discover how refinancing commercial mortgage balloon payments with an SBA 504 loan eliminates maturity risk, locks in 25-year fixed rates, and optimizes cash fl
Commercial Mortgage Referral Fee Structure for Brokers: Comprehensive Guide
We typically observe commercial mortgage referral fees for brokers ranging from 0.25% to 0.50% for standard warm introductions, up to 1% to 2% (100–200 bps)
SBA 504 CDC Referral Agreement Guide for Commercial Brokers | Thorne CRE
Understand how an SBA 504 CDC referral agreement works, including broker compensation rules, fee caps, and SBA Form 159 disclosure compliance.
Hotel Commercial Real Estate Refinancing Options: 2026 Guide
Hotel commercial real estate refinancing options include SBA 504 loans up to 90% LTV, non-recourse CMBS loans, USDA B&I loans, bridge financing, and conventional bank
SBA 504 Loan Eligible Property Types: Complete CRE Guide
Learn which commercial properties qualify for SBA 504 financing, from office and industrial facilities to special-purpose assets and occupancy rules.
Structuring the Grocery-Anchored Retail Center Capital Stack: Senior Debt, Preferred Equity, and Sponsor Capital
Discover how we structure grocery-anchored retail capital stacks. Explore senior debt LTVs, preferred equity, anchor credit underwriting, and capital allocation
Bridge to SBA Loan for Commercial Real Estate: Strategic Transition & Takeout Financing
Learn how we use bridge to SBA loans for commercial real estate to acquire, stabilize, or renovate properties fast before transitioning into long-term SBA finan
SBA Commercial Real Estate Down Payment Requirements: Complete Guide
SBA commercial real estate loans typically require a minimum 10% down payment. However, start-up businesses or special-purpose properties may require 15% to 20%. At Thorne