Apartment lending remains one of the bright spots within the commercial mortgage business and borrowers can still expect long term, fixed rate financing, high leverage loans and low rates.    For example, we are still seeing 30 to 35 year fixed rate financing, though 5 and 10 year fixed is more popular with borrowers. Amortization schedules remain at 30 to 35 years with some government backed programs.

Conventional commercial bank loans are well worth the additional scrutiny. These loans offer the lowest rates, lowest fees, longest fixed periods, and longest amortization schedules currently offered in the market today, for your typical small commercial mortgages (Under $5,000,000).

First of all, every states property assessment process is very similar. They all start off with the commonly accepted appraisal methods. There is the cost, comparable, and income approaches. As fair as residential they are mostly focused on the comparable approach.

In my daily dealings with small business owners I see entrepreneurs struggle with the question of whether to lease or own consistently. The idea of owning can be very appealing, especially now as interest rates are still low (historically), new loan programs are popping up like 90% non SBA financing and 30 year fixed programs. And, building bargains seem abundant.