In the thriving commercial lending landscape of Oklahoma City, a comprehensive examination of the past 90 days reveals a dynamic market characterized by an impressive 835 closed loans. The loan amounts demonstrate a broad spectrum, ranging from $100,000.00 to a substantial $381,118,756.00, reflecting the diverse and robust nature of the city’s real estate sector.
The predominant property types securing financing showcase the multifaceted composition of Oklahoma City’s real estate market:
– Single Family Residence: 492 deals
– Residential Condo: 89 deals
– Vacant – Residential: 73 deals
– Residential – Duplex/Triplex/Quadplex: 39 deals
– Industrial: 32 deals
– General Commercial: 30 deals
– Retail: 19 deals
– Misc: 15 deals
– Vacant – Commercial: 10 deals
– Services: 8 deals
– Multi-Family: 8 deals
– Parking: 7 deals
– Hotel: 5 deals
– Medical Services: 2 deals
– Educational: 2 deals
– Motels: 1 deal
– Hospital: 1 deal
– Mobile Homes: 1 deal
– Vacant – Agricultural: 1 deal
Oklahoma City’s active commercial lenders play a pivotal role in shaping this dynamic landscape. Notable institutions leading the charge include nationwide leaders:
1. Midfirst Bank
2. Rain City Capital
Additionally, the local Oklahoma lenders stand out as the most active players in the market, contributing significantly to the city’s thriving real estate sector. Their diverse and widespread lending activities cater to a broad range of projects, from single-family residences to large-scale commercial and industrial developments, ensuring a robust and inclusive financing environment for investors and businesses alike.