Commercial Real Estate
No two loans are the same, so our products aren’t either.
When you’ve found the perfect commercial site, you don’t have time to wait. Buy now, Refinance Later.
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WHY WAIT? BUY NOW, REFI LATER.
Does purchasing commercial property at today's rates concern you? Don’t let this impact your decision to buy. Close your loan with Crews Bank & Trust and know that if the rates go down, you can refinance for just $500.
No appraisal fees. No title insurance fees. No attorney fees. No recording fees.
To qualify for this program:
- Loans to purchase your owner-occupied commercial property must close between March 1, 2024, and June 1, 2024.
- At time of refinance, subject loan must not have any late payments of 10 days or more since origination.
- Loan must be refinanced by Dec. 31, 2025.
- Subject mortgage must be in a first lien position.
- The property must be owner-occupied; investment properties are not eligible.
- Loan must have 20% down.
This promotion is one-time use. Refinance terms apply to rate and payment. All other terms of the note remain unchanged.
The Buy Now, Refi Later benefit applies to Crews Bank & Trust purchase mortgages. The Buy Now, Refi Later benefit is subject to revision or revocation by Crews Bank & Trust at any time without notice.
Loans subject to credit approval.
At Crews Bank & Trust, our local commercial real estate lending experts work with you to make it happen. We offer personal service, quick turnaround and a variety of terms at competitive fixed and floating loan rates. We offer a wide range of real estate loan products, including construction-to-permanent loans, owner-occupied property loans, and loans for cash-flowing investment commercial real estate.
Loans subject to credit approval.
Projects we’ll consider for financing include:
Purchase or construction
Refinance
Income Producing Property
Commercial mortgage financing (investment property)
Multi-family property
Owner-occupied mixed-use property
FAQs
What is the process to get a commercial real estate loan?
Commercial real estate loans are mortgages used exclusively for commercial real estate, which is a business’s income-producing property. The typical range of the loan is between 5-20 years, with the amortization period often longer than the term of the loan.
Bankers are involved in the process of creating commercial real estate loans. When you’re working with a bank, the loan qualification process usually requires the following information:
- Commercial loan application, fully completed and signed
- Three years of personal tax returns, including all K-1s (any borrower with 20 percent or more ownership in the proposed ownership will be required to provide this information)
- Three years of business tax returns
- Year-to-date balance sheet and income statement for the latest period
- Personal financial statement, fully completed and signed
- Verification of liquidity to acknowledge where the down payment is coming from (three months of bank statements that verify liquidity)
- Contract on sale and purchase of subject property
- If the property currently has or has had tenants, three years of financial statement on the subject property
- Copies of all leases for income-producing property purchases
Whether you’ve already identified a property to acquire or you’re just formulating dreams of acquiring new real estate, it’s the perfect time to talk to your Crews Bank & Trust lending professional. They will provide a quick and efficient answer on your loan request.
How do commercial real estate loans work?
Businesses use a commercial real estate loan to buy commercial property for income-producing purposes.
Commercial real estate loan terms typically include a term range from 5-20 years. The amortization period, which refers to the schedule of payments to pay off the loan, is typically longer than the loan term. For example, a commercial real estate (CRE) loan might have a term of seven years and a 30-year amortization, which means the monthly payments during the seven years are determined as if the loan were to be paid off over 30 years.
One of the key factors that differentiates Crews Bank from other banks is that we offer both fixed and adjustable rates. We’re not here to spring any surprises on you—not with payments or terms.
To learn more, contact us and we’ll be happy to provide guidance.
What types of commercial real estate does Crews Bank & Trust finance?
We offer a full range of commercial real estate loans that Florida business owners require. These CRE loans can be used for the following types of businesses or real estate properties:
- Multi-tenant retail centers
- Owner-occupied commercial real estate
- Investment commercial real estate
- Special purpose properties
- Office buildings
- Retail strip centers
- Multi-family apartments
- NNN investment restaurants
- Tenant-occupied CRE
- NNN investment commercial property
- Chain restaurants
What are the current interest rates for commercial real estate loans?
Commercial real estate loan interest rates fluctuate often and depend on the commercial real estate loan requirements and structure. The four main interest rate drivers include:
- Bank relationship: Are you currently banking with the lender you intend to receive a loan from?
- Product type: Will the property be owner-occupied or investment real estate?
- Market conditions: Are interest rates moving up or are they declining?
- Cash flow to service the proposed request: Do the borrower and guarantor have adequate cash flow resources to service the loan request?
From a banking perspective, the golden rule about interest rate pricing is “the lower the risk, the lower the rate.”
Typical down payments will vary based on real estate type. Owner-occupied will be a minimum of 20 percent cash equity injection. Real estate investment acquisitions will be a minimum of 30 percent cash equity injections.
Some banks will provide financing with the SBA 504 and SBA (7a) programs. Please ask your lending professional for more details regarding lower down payments for owner/occupied properties via this program. Commercial real estate loan structures could be up to 25-year amortizations with no balloon payment, no call, and no prepayment penalties.
Talk to your Crews lending professional — there’s a lot more information we can provide if you contact us.
What is the difference between a business term loan and a commercial real estate loan?
A business term loan is a specific amount of borrowed money that is paid back on a fixed schedule, or term. Term loans usually have a fixed interest rate or a variable rate that adjusts based on the market. Term loans are used for business needs, such as equipment purchasing or office space renovation.
A commercial real estate loan is an amount of money used specifically for property, either for the purchase of an already existing structure or to build the structure. The commercial real estate loan process can often be more stringent.
Why choose Crews Bank & Trust for your commercial real estate loan?
Our commercial real estate loans are as diverse as your needs. When you’ve found the perfect commercial site, Crews Bank & Trust’s local commercial real estate lending experts will help you secure it at a competitive rate. Our loan experts will walk you through the commercial real estate qualifications needed to acquire the loan.
We offer a full range of real estate loans, including acquisition and development, construction, and permanent loans. Over the years, we have provided loans for owner-occupied commercial real estate, investment commercial real estate, and special purpose properties.
Need commercial real estate loans explained in greater detail? Contact us today.
Recent Deals
Medical Office
$770,000
Construction/Permanent Commercial Mortgage
Lutz | Hillsborough County
Office Building
$285,000
Refinance
Arcadia | DeSoto County
Single-Family Residential Investment
$150,000
Purchase
Arcadia | DeSoto County
Multi-Family Residential Investment
$300,000
Refinance
Boston, Massachusetts
Vacant Commercial Lots
$750,000
Purchase
Fort Myers | Lee County
Commercial Office Condo
$200,000
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Sarasota | Sarasota County
Owner-Occupied Office/Warehouse
$1,265,000
Refinance
Bradenton | Manatee County
Investment Industrial Warehouses
$1,550,000
Construction to Perm
Sarasota | Manatee County
Investment Industrial Building
$1,111,000
Purchase
Sarasota | Sarasota County
Investment Multi-tenant Retail Building
$3,400,000
Construction to Perm
Palmetto | Manatee County
Single-Family Residential Investment
$375,000
Purchase
DeSoto County
Single-Family Residential Investment
$423,750
Purchase
Manatee County
Golf Course
$1,950,000
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Manatee County
Company Relocation
$260,000
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Punta Gorda | Charlotte County
Townhouse Unit
$1,200,000
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Okeechobee | Okeechobee County
Agricultural Land
$3,500,000
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Hardee County
Office Building
$540,000
Investment Purchase
St. Petersburg | Pinellas County
Apartment Building
$824,000
New Construction
Athens, GA
Chain Restaurant
$1,212,000
Commercial Construction
Chiefland | Levy County
Commercial Investment Property
$970,000
Cash Out Refinance
Stuart | Martin County
Daycare
$750,000
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Charlotte County
Hotel
$1,690,000
Purchase
Charleston, SC
Industrial Park
$2,900,000
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Port Charlotte | Charlotte County
Mixed Use Residential/Restaurant
$900,000
Purchase
Lake Placid | Highlands County
Office - Light Industrial
$475,000
Investment/Purchase
Sarasota | Sarasota County
Tenant Occupied CRE
$1,323,750
Construction/Remodel
Lakeland | Polk County
Condominium Unit
$162,000
Investment
Sarasota | Sarasota County
Retail Building
$550,000
Investment Purchase
Charlotte County
Owner-Occupied Office Warehouse
$750,000
Purchase
Sarasota | Sarasota County
Multi-Family Apartment Complex
$770,000
Purchase
New Smyrna Beach | Volusia County
Investment Restaurant
$875,000
Refinance
Tampa | Hillsborough County
RV Park
$2,750,000
Purchase
Lake Panasoffkee | Sumter County
Professional Office Building
$2,629,000
Purchase
Venice | Sarasota County
Self-Store Facility
$2,100,000
Refinance
Lake Alfred | Polk County
Multi-Family Unit
$510,000
New Construction
Cape Coral | Lee County
Office Building
$854,000
Purchase
Charlotte County
Rental Property
$45,000
Refinance
Avon Park | Highlands County
Retail
$700,000
Purchase
Punta Gorda | Charlotte County
Vacant Land Parcels
$150,000
Refinance
Venice | Sarasota County
Mobile Home Park
$1,600,000
Purchase
Ft. Myers | Lee County
Multi-Family Quadplex
$296,000
Investment Purchase
Sebring | Highlands County
Office Building
$1,400,000
Purchase
Punta Gorda | Charlotte County
Private School
$875,000
Refinance
Port Charlotte | Charlotte County
Retail
$790,000
Purchase
Punta Gorda | Charlotte County
RV Park Resort
$3,300,000
Purchase
Kenansville | Osceola County
Single Family Rental Unit
$260,000
Purchase
Bradenton | Manatee County
Industrial Warehouses
$500,000
Purchase
Port Charlotte | Charlotte County
Hotel
$6,900,000
Purchase
Jacksonville | Duval County
Multi-Family Unit
$515,000
New Construction
Cape Coral | Lee County
Rental Property
$45,000
Refinance
Avon Park | Highlands County
Senior Living Facility
$4,537,500
Purchase
Lakeland | Polk County
Commercial Building
$238,875
Purchase
Lakeland | Polk County
Multi-Tenant Retail Building
$3,400,000
Construction to Perm
Palmetto | Manatee County
Office Investment Property
$937,000
Purchase
Sarasota | Sarasota County
Rental Property
$130,000
Purchase
Port Charlotte | Charlotte County
Retail Plaza
$5,390,000
Refinance
Gilbert, AZ
SFR Investment Condo
$780,000
Purchase
Sarasota | Sarasota County
Multi-Family Apartment Complex
$753,000
Purchase
Orlando | Orange County
Multi-Unit Retail
$1,280,000
Purchase
Ft. Myers | Lee County
Office Warehouse
$1,350,000
Refinance
Englewood | Charlotte County
Residential Investment
$285,000
Refinance
Lake Placid | Highlands County
Residential Condo Investment
$1,683,750
Purchase
Boca Grande | Lee County
Retail Plaza - Multi-Unit Building
$1,500,000
Purchase
Punta Gorda | Charlotte County
Single-Family Condo Investment
$1,770,000
Purchase
Boca Grande | Lee County
Investment Retail Building
$1,207,500
Purchase
Cape Coral | Lee County
Multi-Family Apartments
$2,350,000
Refinance
Titusville | Brevard County
NNN Investment Commercial Property
$565,000
Purchase
Ft. Myers | Lee County
Office Warehouse/Condo
$500,000
Construction
Sarasota | Sarasota County
Retail Plaza Center
$1,500,000
Refinance
Cape Coral | Lee County
Light Industrial Investment Property
$915,000
Purchase
Sarasota | Sarasota County
Multi-Family Investment
$1,100,000
Construction
Cape Coral | Lee County
NNN Investment Restaurant
$1,000,000
Purchase
Orlando | Orange County
Office/Warehouse Investment
$4,350,000
Purchase
Sarasota | Sarasota County
Residential Investment Property
$410,000
New Construction
Port Charlotte | Charlotte County
Retail Property
$620,000
Purchase
Winter Haven | Polk County
Vacant Commercial Lot
$169,000
Purchase
Sebring | Highlands County
Medical Office Building
$2,135,000
Purchase
Punta Gorda | Charlotte County
Light Industrial Investment Property
$915,000
Purchase
Sarasota | Sarasota County
Retail Use
$1,680,600
Purchase
Winter Park | Orange County
Owner-Occupied
$800,000
Purchase
Naples | Collier County
Residential Multi-Family Investment Property
$1,500,000
Purchase
Venice | Sarasota County
Retail Store
$315,000
Purchase
Ruskin | Hillsborough County
Warehouse
$1,200,000
Purchase
Charlotte County
Mini Storage
$550,000
Construction
Rotonda | Charlotte County
Multi-Family Apartment Complex
$1,000,000
Purchase
Tallahassee | Leon County
Office Building
$355,000
Purchase
Lake Placid | Highlands County
Mobile Home Park
$500,000
Refinance
Polk County
Retail Strip
$2,095,000
Commercial Construction
Orlando | Orange County
Industrial Office & Warehouse
$616,000
Purchase
Sarasota | Sarasota County
Multi-Tenant Retail Center
$1,225,000
Refinance
North Port | Sarasota County
Office Building
$2,235,000
Purchase
Fort Myers | Lee County
Restaurant
$155,000
Purchase
Arcadia | DeSoto County
RV Park
$840,000
Purchase
Homosassa | Citrus County
Industrial Warehouse Flex Unit
$188,000
Purchase
Venice | Sarasota County
Office
$600,000
Purchase
Cape Coral | Lee County
Owner-Occupied Retail Space
$500,000
Purchase
Venice | Sarasota County
Multi-Tenant Retail Center
$2,476.875
Purchase/Improvements
Lakewood Ranch | Manatee County
6-Unit Commercial Property
$1,400,000
Investment
Punta Gorda | Charlotte County
Owner Occupied Retail
$1,100,000
Investment
Boca Grande | Lee County
Mixed Use Property
$900,000
Investment
Union City, NJ | Hudson County
Residential Properties
$552,000
Purchase/Investment
Highlands County
Owner Occupied Commercial Property
$380,000
Purchase
Englewood | Charlotte County
Residential Investment Properties
$367,500
Purchase
Highlands County
Cash Out Refinance
$368,500
Debt Consolidation
Sarasota | Sarasota County
Retail Strip Mall
$300,000
Refinance Investment
Port Charlotte | Charlotte County
Condo - Retail
$330,250
Second Mortgage
Sarasota | Sarasota County
Fast Food Restaurant
$300,000
Line of Credit
Nokomis | Sarasota County
Residential Property
$247,500
Purchase/Investment
Highlands County
Multi-Family Property
$3,400,000
Construction
Punta Gorda | Charlotte County
Hotel / Refinance
$2,500,000
Investment
Lakeland | Highlands County
Mobile Home Community
$2,000,000
Refinance Current Mortgage
Kissimmee | Osceola County
Aquisition - Retail Office
$950,000
Purchase
Bonita Springs | Lee County
New Retail Location
$525,400
Purchase
Sarasota | Sarasota County
Multi-Family Unit
$388,000
Cash Out Refinance
Punta Gorda | Charlotte County
CRE Investment
$325,000
Refinance
Venice | Sarasota County
Construction Business
$250,000
Working Capital Loan
Sebring | Highlands County
Investment Condominium
$230,000
Delayed Financing
Babcock Ranch | Charlotte County
Commercial Investment
$102,000
Refinance Private Note
Inglis | Levy County
Retail Expansion - New Location
$420,000
Purchase
Sarasota | Sarasota County
Retail Office
$981,250
Purchase
Zavalla, TX
Commercial Owner-Occupied
$750,000
Purchase
Dade City | Pasco County
Commercial Investment Property
$660,000
Purchase
Winter Haven | Polk County
Residential Investment Property
$640,000
Refinance
Delray Beach | Palm Beach County
Convenience Store
$500,000
CRE Improvement Loan
Okeechobee | Okeechobee County
Owner-Occupied Office/Condo Unit
$376,000
Purchase
Venice | Sarasota County
Art Studio
$300,000
Refinance
Jacksonville | Duval County
Residential Duplex
$276,000
Refinance
Punta Gorda | Charlotte County
Owner-Occupied Office/Condo Unit
$240,000
Purchase
Punta Gorda | Charlotte County
Investment Property
$60,000
Purchase
Arcadia | DeSoto County
Downtown Investment Building
$6,700,000
Refinance
Lakeland | Polk County
Mobile Home Park
$3,125,000
Refinance
winter Springs | Seminole County
Income Producing Investment Property
$2,800,000
Purchase
Port Charlotte | Charlotte County
Industrial Office/Warehouse Property
$1,855,000
Refinance
cape coral | Lee County
Commercial Development
$400,000
Construction
Englewood | Sarasota County
Commercial Investment Retail Strip Center
$7,500,000
Refinance
Ft Myers | Lee County
Construction Owner-Occupied Warehouse
$1,000,000
Purchase
Bradenton | Manatee County
Investment Commercial Real Estate
$700,000
Purchase
Orlando | orange County
Remodel Investment Rental Property
$450,000
Refinance
Sebring | Highlands County
Investment Rental Property
$425,000
Purchase
Boca Grande | Lee County
Commercial Investment Rental Property
$325,000
Refinance
Wauchula | Hardee County
Commercial Owner-Occupied Business
$105,000
Refinance
Lakeland | Polk County
New Residential Apartments
$1,520,000
Construction
Cape Coral | Lee County
Retail Strip Mall
$850,000
Investment
Port Charlotte | Charlotte County
Medical Real Estate
$650,000
Refinance
Tampa | Hillsborough County
Single Family Residence
$130,000
Investment Purchase
SEbring | Highlands County
Commercial Vacant Land
$200,000
Purchase
Wauchula | Highlands County
Restaurant
$530,000
Refinance
tampa | Hillsborough County
6-Plex Residential Apartments
$850,000
Investment Property
Cape Coral | Lee County
CRE Industrial & Warehouse
$850,000
Purchase
Labelle | HenDry County
SEE WHY LOCAL BUSINESSES CHOOSE TO WORK WITH US.
Miguel Centeno, Commercial Real Estate Investor
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