Global Cash Flow Underwriting Checklist for Owner-Occupied Real Estate
A global cash flow underwriting checklist evaluates combined operating business and personal cash flows. Essential items include three years of business and personal tax returns, detailed debt schedules, interim financials, personal financial statements, and proposed debt service calculations target
SBA 504 Eligible Business Expenses Rules: Cash-Out Guidelines and Structuring
Under SBA 504 debt refinancing rules, eligible business expenses are ordinary operating costs incurred or due within 18 months. These include payroll, rent, utilities, inventory, and accounts payable, which can be financed up to 90% total loan-to-value.
1031 Exchange Financing: Loan Structures, Deadlines, and Debt Replacement
1031 exchange financing secures debt for replacement properties to satisfy IRS equal-or-greater value and debt-matching rules. Investors utilize bridge loans, DSCR financing, or conventional commercial mortgages to close within strict 180-day deadlines and eliminate taxable mortgage boot.
CMBS Conduit Loans for Retail: Underwriting, Terms, and Execution Guide
CMBS conduit loans for retail provide non-recourse, fixed-rate debt pooled and sold to bond investors. At Thorne CRE, we utilize them for shopping centers and net-lease properties, offering up to 75% LTV with 5-to-10-year terms.
Single-Tenant Net Lease Financing: Underwriting, Terms, and Debt Structures
Single-tenant net lease (STNL) financing funds commercial properties leased to a single occupant under a net lease. Lenders primarily underwrite the tenant’s credit rating, lease duration, and real estate fundamentals to deliver competitive LTVs and non-recourse terms.
Retail Net-Lease Financing: Underwriting, Capital Structures, and Loan Terms
Retail net-lease financing provides long-term debt to acquire or refinance single-tenant or shopping center NNN assets. Loan terms depend primarily on tenant creditworthiness, remaining lease term, location quality, and lease guarantor strength rather than purely real estate value.
Commercial Loan Restructuring: Strategic Advisory vs Refinancing Guide
Commercial loan restructuring modifies existing debt terms to resolve distress or impending maturities. Borrowers negotiate with lenders to secure maturity extensions, rate adjustments, amortization relief, or note bifurcations, stabilizing property cash flow and preserving sponsor equity.
Capital Stack Definition: Commercial Real Estate Structure, Priority & Maturity Strategy
The capital stack is the hierarchical structure of all financing sources used to fund a commercial real estate asset. It defines the priority of cash flow distributions, repayment seniority, and risk exposure, typically spanning senior debt, mezzanine debt, preferred equity, and common equity.
Expert Q&A: Navigating Debt & Equity Placement in Today’s CRE Market
An executive Q&A with Thorne CRE on structuring capital stacks, optimizing commercial mortgage debt, and securing private equity across multifamily and industrial assets.
Commercial Mortgage Maturities: Strategic Comparison of Refinancing, Extensions, and Gap Capital
A commercial mortgage maturity occurs when a loan term ends and the remaining balloon balance becomes due in full. Borrowers facing maturity must evaluate refinancing into new permanent debt, securing a lender extension, or injecting gap equity to recapitalize.