Commercial Mortgage Lending
Download PDF: Commercial Mortgage Lending - Overview
Principal Real Estate Investors, Principal Global Investors’ dedicated real estate group, has one of the strongest commercial mortgage operations in the United States. Over 80 real estate investment professionals with proven investment experience and expertise are dedicated to providing superior service to mortgage bankers, brokers, borrowers and investors. We have created a commercial mortgage operation focused on service, reliability, and execution that is uniquely positioned to provide the broad array of programs and high-quality service that you have come to expect.
Multiple Lending Options
We offer multiple lending options, including:
- Construction/Permanent Lending
- Core Portfolio Lending
- Structured Debt
Each of our market underwriters are accountable for a deal from origination to closing. They have broad knowledge of, and access to, our full spectrum of deal structures and capital sources, make decisions that affect each transaction, and are ultimately responsible for the success of the deal. With Principal, you will only need one contact who can guide you through all of our various and diversified lending programs to find the one that best fits your financing needs.
Our access to a variety of capital sources, multiple loan terms, and products allows us to offer competitive rates in all product categories. Competitive rates, along with our certainty of execution, can be the keys to a successful real estate transaction.
In-House Quality Control
We help control the timing and quality of each aspect of the deal through our in-house resources. Maintaining internal underwriting, appraisal, engineering, closing, and servicing areas, provides a unique advantage to our clients.
Our highly skilled, experienced staff that is geographically focused, and travels regularly to develop relationships and gain in-depth, first-hand knowledge of their assigned markets. Our centrally located operation allows our production staff direct contact to all critical areas of the real estate investment department, resulting in fast and reliable commercial mortgage quotations and closings.
Our deal sizes range from $10 million to more than $100 million, with transactions in diverse geographical locations. These transactions represent a variety of property types with expanded risk spectrums and deal structures that range from top institutional quality to non-traditional lending (subordinate debt, bridge). Flexibility in design of the loan is standard for us. We customize terms, maturity dates, rate adjustments, and amortization schedules to fit the situation.
We have extensive experience in the market and maintains a proven track record in meeting deadlines and delivering on obligations to our clients. We seek long-term relationships that are beneficial to all parties. We provide you with our criteria and guidelines up front. If we can’t work with you on a specific transaction, we will seek to offer alternative solutions.