Commercial real estate assets that are well-maintained with high occupancies qualify for non-recourse stabilized financing options, which offer the lowest spreads and best structures. Historically, “stabilized financings” assumed longer-term (7+ years), fixed-rate loans with yield maintenance prepayment penalties, but the lending landscape has evolved to include a variety of shorter term options with more flexibility (fixed and floating rate). Stabilized loan terms can be created and tailored to meet individual asset and business plan objectives, and Essex has the longest and strongest relationships within the stabilized financing space.
This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.