In the vibrant commercial landscape of Columbia, South Carolina, a thorough analysis of recent lending activities reveals a dynamic market characterized by the successful closure of 304 loans within the past 90 days. These transactions showcase a broad financial spectrum, with loan amounts ranging from $54,800.00 to an impressive $465,000,000.00. This underscores Columbia’s commitment to a diverse and thriving real estate sector, with the highest loan amount facilitated for an unspecified property type, possibly an Office property.
The property types securing financing in Columbia reflect the city’s diverse real estate offerings:
– Single Family Residence: 186 deals
– General Commercial: 13 deals
– Office: 10 deals
– Apartments: 4 deals
– Vacant – Residential: 3 deals
– Hotel: 2 deals
– Agriculture: 5 deals
– Services: 6 deals
– Industrial: 11 deals
– Retail: 20 deals
– Transportation: 1 deal
– Manufacturing: 1 deal
– Mixed Use: 4 deals
– Residential – Duplex/Triplex/Quadplex: 17 deals
– Educational: 2 deals
– Residential Condo: 18 deals
– Multi-Family: 1 deal
Leading the way among Columbia’s active commercial lenders are esteemed institutions dedicated to shaping the city’s real estate landscape:
1. First Citizens Bank
2. Kiavi Funding
3. RCN Capital
4. United Wholesale Mortgage
5. Synovus Financial Corp.
6. Bank of America
7. TD Bank
These lenders play a crucial role in fueling Columbia’s real estate growth, collectively funding 43 commercial real estate deals. Their active participation underscores the collaborative effort to provide competitive financing options, contributing to the vitality and diversity of Columbia’s commercial real estate market.
