CMBS ORIGINATION AND MORTGAGE PLACEMENT
Wachovia’s Commercial Real Estate Finance team has more than 75 real estate professionals in 13 regional offices committed to providing a streamlined process of securing commercial mortgages. We provide long-term, fixed-rate, non-recourse mortgage financing ranging from $2 million to $50 million, earmarked for placement in the CMBS market. We also place loans with long-term lenders like insurance companies for transactions that do not fit Wachovia's proprietary project finance programs.
Property Characteristics
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A to B+ "Physical Quality"
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Properties to be built
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Properties less than 10 years old
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Strong borrower
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Institutional quality markets
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Fully amortized loans
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Joint ventures and project sales
Demonstrated Expertise
- Established relationships with over 50 brokers and investors throughout the United States
- Placed over $31.2 billion in commercial real estate transactions with institutional investors nationwide since 2001