Recent commercial lending activities in San Francisco, CA, have showcased a vibrant market, with 678 loans successfully closed within the past 90 days. The loan amounts vary widely, ranging from $72,263.00, funded for an Office Space, to an impressive $190,000,000.00, allocated for a vacant property. This diversity reflects the dynamic nature of San Francisco’s real estate landscape.
The predominant property types financed in San Francisco exhibit significant diversity, including:
– Vacant: 15 deals
– Apartments: 113 deals
– Hotel: 12 deals
– Retail: 27 deals
– Motels: 9 deals
– Vacant – Residential: 12 deals
– Industrial: 24 deals
– Residential – Duplex/Triplex/Quadplex: 92 deals
– Commercial Condo: 11 deals
– Single Family Residence: 158 deals
– Office: 12 deals
– Cooperative: 5 deals
– Parking: 2 deals
– Services: 4 deals
– Multi-Family: 15 deals
– Residential Condo: 121 deals
– Mixed Use: 43 deals
– Educational: 1 deal
– Misc: 1 deal
– Hospital: 1 deal
Leading the commercial lending scene in San Francisco are well-established nationwide leaders, including:
– JP Morgan Chase
– East West Bank
– Bank of America
– United Wholesale Mortgage
– US Bank
– Wells Fargo
– CitiBank NA
– BMO Harris Bank
– Cathay Bank
– National Cooperative Bank
– Conventus
These lenders bring substantial experience, stability, and a wide range of products to the San Francisco real estate market. Their involvement contributes to the city’s economic growth by providing funding across various property types and supporting both local businesses and property owners. The competitive terms offered, along with their extensive portfolios, make them key players in San Francisco’s bustling commercial lending landscape.
