Our proprietary Commercial Real Estate Lending Platform (CRELP) standardizes and simplifies the commercial real estate loan process allowing us to quickly compare different loan programs and platforms for anchored and unanchored strip centers across our lending network providing you with strip center commercial loans that meet your individual needs and objectives with the most competitive rate and terms.
Crefcoa provides commercial loans for both the purchase and refinance of anchored and unanchored strip centers in all 50 states and the District of Columbia.
Commercial real estate loans for strip centers are available starting at a minimum loan size of $500,000. Strip centers with an anchor tenant (investment grade tenant, strong regional or national tenant) typically more favorable rates and terms than unanchored strip centers (local tenant based businesses or non-investment grade tenants). However, in recent years, with the move to online shopping, big box retailers have shut their doors and in many cases strip centers comprised of local tenants (e.g. hair salon, accountant, attorney, pet store, restaurant) that aren't affected by online retailers have become favored by commercial lenders