• Life Insurance Companies
• Pension Funds Private Funding Corporations
• Commercial Banks & Private Investors

Sunrise can accommodate any borrower's request with a wide range of programs that access both national and local lenders.

Sunrise Commercial Mortgage

Sunrise  lends on all types of commercial property including owner occupied and single non-credit tenant facilities for loan amounts of $150,000 and higher. Interest rates are extremely competitive and vary with the property type, loan to value, term, and debt service coverage. Many of our loan programs are non-recourse and we have the ability to loan nationwide. Below are outlines of some of our programs :

Apartments:

Terms range from 3 years to 30 years either fixed or variable and we offer 3/1, 5/1, 7/1, & 10/1 ARMs with 25 year terms and a 25 year amortization. Loans below 500,000 require personal guaranties while loans above 500,000 generally do not. Rates begin at 1.70% above comparable term treasuries and typically do not exceed 2.4% above the treasury rate. Loans are usually underwritten to a 1.20 debt service coverage and an 80% LTV. Most programs allow for cash-out refinancing.

Multi-Tenant:

 Office/Retail/Warehouse: Terms range from 5 to 30 years and are based on the property type and loan size. Personal guaranties are generally not required above 600,000.

Bridge/Rehabilitation:

Sunrise can provide Bridge loans with mini-perms to stabilize under performing properties. Loans can include property rehab, construction, and complete renovations with sizable up-front proceeds and draws thru completion.

Single Tenant/Owner Occupied:

Sunrise can loan on all types of owner occupied space as well as single tenant investment property. Pricing is based on the financial strength on the owner and/or tenant.