Top 15 commercial Real Estate Lenders In Madison

In Madison, WI, recent commercial lending activities showcase a dynamic landscape with the successful closure of 617 loans in the past 90 days. The loan amounts range from $50,000.00 to an impressive $92,220,000.00, with notable contributions from leading lenders such as Pacific Life Insurance Company and Wells Fargo, reflecting the diversity of funding sources.

The property types financed within this period exhibit a broad spectrum, underscoring the city’s diverse real estate market:

– General Commercial: 91 deals
– Single Family Residence: 380 deals
– Agriculture: 105 deals
– Residential – Duplex/Triplex/Quadplex: 21 deals
– Industrial: 7 deals
– Residential Condo: 4 deals
– Misc: 5 deals
– Vacant: 2 deals
– Timberland: 2 deals
– Vacant – Residential: 1 deal

Local credit unions and community banks are the primary drivers of Madison’s active commercial lending scene, offering Loan-to-Value (LTV) ratios ranging from 70% to 65%. The typical interest rates are competitive, falling within the range of 6.73% to 7.02%, reflecting favorable terms for borrowers.

Noteworthy nationwide leaders, including BMO Harris Bank and US Bank, contribute significantly to Madison’s commercial lending landscape. BMO Harris Bank offers Permanent Multifamily products with rates starting at 7.15%, while US Bank provides competitive terms with a 6.41% rate for the same product.

Madison’s commercial lenders play a pivotal role in supporting the city’s economic growth and development, catering to a diverse range of property types and financing needs. The collaboration between local and national financial institutions ensures a robust and responsive commercial lending environment for businesses and individuals alike.