A comprehensive analysis of recent commercial lending activities in Tampa, FL, reveals a dynamic landscape marked by the successful closure of 543 loans within the past 90 days. The loan amounts range from $50,000.00, funded for an Industrial space, to an impressive $424,862,000.00, allocated for a Single Family Residence. This diversity underscores the robust nature of Tampa’s commercial real estate market.
The predominant property types financed in Tampa exhibit significant diversity, including:
– Vacant – Commercial: 10 deals
– Office: 8 deals
– Single Family Residence: 285 deals
– Vacant – Residential: 96 deals
– Misc: 6 deals
– Retail: 12 deals
– Multi-Family: 30 deals
– Residential Condo: 48 deals
– Vacant – Industrial: 8 deals
– Medical Services: 1 deal
– Services: 7 deals
– Hospital: 1 deal
– Government: 1 deal
– Industrial: 14 deals
– Educational: 3 deals
– General Commercial: 3 deals
– Parking: 1 deal
– Mobile Homes: 2 deals
– Storage: 2 deals
– Vacant: 2 deals
– Mixed Use: 2 deals
– Motels: 1 deal
Tampa stands out as a key player in the commercial lending landscape, attracting major nationwide lenders. Prominent institutions taking the lead in financing commercial properties in Tampa include:
– United Wholesale Mortgage
– Regions Bank
– The Goldman Sachs Group Inc
– Valley National Bank
– Kiavi Funding
– Synovus Financial Corp.
– 212 Loans LLC
– American Heritage Lending
– TD Bank NA
– JP Morgan Chase
These lenders contribute to the city’s economic growth and development by providing diverse funding options across various property types. The competitive lending environment reflects the strength and resilience of Tampa’s commercial real estate market. For prospective borrowers, attractive terms are available, with the best rate of 5.99% offered by a debt fund for the Rental DSCR loan.
