Permanent Financing
Long-term debt for stabilized properties: fixed-rate terms from 5 to 30 years, amortization up to 30 years, and interest-only structures where the business plan calls for them.
- Loan Size: $1M–$500M+
- LTV: Up to 80%
- Term: 5–30 Years
- Amortization: Up to 30 Years
Permanent financing is the destination for a stabilized asset: long-term debt that locks in rate and payment certainty and returns equity to the sponsor. FOCAL arranges permanent loans from $1 million to over $500 million at leverage up to 80% LTV, with terms from 5 to 30 years and amortization up to 30 years, including extended interest-only periods where the cash-flow plan calls for them.
FOCAL runs each financing across the capital sources suited to the deal: agency programs for multifamily, banks and credit unions for relationship-priced executions, and institutional capital for larger assets. Recent closings include a first-time agency execution on a converted mixed-use property, a credit union refinance that resolved zoning and ownership complexities, and a 30-year term with 10 years of interest-only payments.
The firm arranges permanent debt nationwide from Beverly Hills, California, guiding sponsors from term sheet through rate lock and closing.
Permanent Financing: Common Questions
What permanent loan terms are available?
Terms from 5 to 30 years with amortization up to 30 years, at leverage up to 80% LTV, for loans from $1 million to over $500 million. FOCAL arranges permanent debt nationwide from Beverly Hills, California.
Can a permanent loan include interest-only payments?
Yes. FOCAL structures extended interest-only periods where the cash-flow plan calls for them, including recent closings with 5 years of interest-only on a 10-year term and 10 years of interest-only on a 30-year term.
Which capital sources does FOCAL run a permanent financing across?
The sources suited to the deal: agency programs for multifamily, banks and credit unions for relationship-priced executions, and institutional capital for larger assets. FOCAL guides sponsors from term sheet through rate lock and closing, including first-time agency borrowers.
Related closed transactions: $1.1M Owner User Perm Loan in Pomona, CA · $1.5M Permanent Financing in Cincinnati, OH · $1.3M Permanent Financing in Los Angeles, CA
Related insights: Fed's Rate Pause: What CRE Borrowers Need to Know · CRE Loan Covenant Reporting Checklist for Sponsors · Multifamily Lease-Up KPIs: A Lender-Aligned Playbook
Capital Markets & Debt Advisory · Closed Transactions