What is commercial real estate, and how is different than residential real estate? What kind of properties can be financed with commercial real estate loans? What types of commercial real estate loans are available? How do you get started with investing in commercial real estate? For those looking to start their real estate investment journey, commercial real estate offers a wide array of property types and sizes, from the single-tenant office building to large, multi-family residential properties. And it’s this wide variety of property types that can be appealing to investors as it allows you to create a truly diverse portfolio of investments over time.
In this episode of Financial Cents, Mark Stebbings, executive vice president and director of specialty lending, and Jeff Melsek, real estate commercial portfolio manager, join guest host John Lewis, senior vice president and business banking regional manager, to discuss tips and strategies for those looking to purchase or refinance existing commercial real estate.
Since even the best commercial real estate property needs the right financing to be successful, leveraging your relationship with your banker is a must. As Mark explains, “there’s no ‘one size fits all’ for a transaction.” And it’s in working with your banker where you can find a customizable solution for your specific transaction.
With that in mind, Jeff goes on to discuss National Bank of Arizona’s new program for first-time or newer commercial real estate investors. “We’ve put together a program for commercial real estate financing but tailored it to meet the needs of these first-time or maybe newer commercial real estate investors,” said Jeff. “We pride ourselves on the fact that we are a smaller community bank and a relationship bank, so we are more than willing to help anybody who wants to get started in commercial real estate.”
From going over the different types of commercial real estate loans to leveraging your relationship with your bank to get started, Jeff and Mark draw on their decades of experience in the industry to offer the types of insights and strategies that you could only get from a friend in the business.
Subscribe on your favorite podcast platform or view full episodes at https://www.nbarizona.com/financial-cents/.
Check out more content Financial Cents content by visiting: https://www.nbarizona.com/financial-cents/
What is commercial real estate, and how is different than residential real estate? What kind of properties can be financed with commercial real estate loans? What types of commercial real estate loans are available? How do you get started with investing in commercial real estate? For those looking to start their real estate investment journey, commercial real estate offers a wide array of property types and sizes, from the single-tenant office building to large, multi-family residential properties. And it’s this wide variety of property types that can be appealing to investors as it allows you to create a truly diverse portfolio of investments over time.
In this episode of Financial Cents, Mark Stebbings, executive vice president and director of specialty lending, and Jeff Melsek, real estate commercial portfolio manager, join guest host John Lewis, senior vice president and business banking regional manager, to discuss tips and strategies for those looking to purchase or refinance existing commercial real estate.
Since even the best commercial real estate property needs the right financing to be successful, leveraging your relationship with your banker is a must. As Mark explains, “there’s no ‘one size fits all’ for a transaction.” And it’s in working with your banker where you can find a customizable solution for your specific transaction.
With that in mind, Jeff goes on to discuss National Bank of Arizona’s new program for first-time or newer commercial real estate investors. “We’ve put together a program for commercial real estate financing but tailored it to meet the needs of these first-time or maybe newer commercial real estate investors,” said Jeff. “We pride ourselves on the fact that we are a smaller community bank and a relationship bank, so we are more than willing to help anybody who wants to get started in commercial real estate.”
From going over the different types of commercial real estate loans to leveraging your relationship with your bank to get started, Jeff and Mark draw on their decades of experience in the industry to offer the types of insights and strategies that you could only get from a friend in the business.
Subscribe on your favorite podcast platform or view full episodes at https://www.nbarizona.com/financial-cents/.
Check out more content Financial Cents content by visiting: https://www.nbarizona.com/financial-cents/