Floating Rate Loans

According to the WSJ as of mid 2023, nearly half of all commercial property debt consists of floating, or variable interest rate, loans. It’s a trend you can expect to continue as long as interest rates remain high and economic conditions volatile. In such times, we can help navigate these complex financial landscapes.

Our financing professionals work closely with our extensive network of lending partners to offer you a wide selection of floating rate options and a strategy tailored to your needs. To find out more, call an Essex Capital Markets financing advisor today.

Floating Rate Loan Details

Loan Amount – $1MM and up.
Term – 1-3 years.
Max LTV – 75% contingent on asset type and disposition strategy.
Amortization – I/O with 25 and 30-Year options available.
Fees – 1-3%.
Recourse – Depending on risk profile, recourse and non-recourse options are available.
Rates – Contact us for current pricing.