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CMBS Loans in Connecticut

Browse 13 lenders offering cmbs loans in Connecticut. Compare rates, requirements, and loan programs — then connect directly.

CT Lenders
13
Typical Rate
5.5% - 8%
Down Payment
25-35%
Term
5-10 years (25-30 year amortization)
Closing Time
45-90 days

CMBS Lenders in Connecticut

13 lenders offering cmbs loans to borrowers in Connecticut.

Arbor Realty Trust

Uniondale, NY

Major CRE lender and REIT. Bridge, permanent, and agency financing. Specializes in multifamily and commercial properties.

$1M – $100M
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Barclays

New York, NY

Active CMBS conduit originator. Commercial mortgage-backed securities for large CRE deals.

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CBRE Capital Markets

Dallas, TX

Global CRE services and capital markets. Arranges debt and equity for all commercial property types.

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Citigroup

New York, NY

Major CMBS conduit originator. Commercial mortgage lending for institutional-quality properties.

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Deutsche Bank

New York, NY

Major CMBS originator. Large-scale commercial real estate debt and securitization.

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Goldman Sachs

New York, NY

Major CMBS conduit originator. Large-scale commercial mortgage financing and mezzanine debt.

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Janover

Boca Raton, FL

Commercial loan marketplace connecting borrowers with lenders. Multifamily and commercial property debt. Growing platform with competitive terms.

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JLL Capital Markets

Chicago, IL

Global commercial real estate services firm. Debt placement, equity advisory, and investment sales across all property types.

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JPMorgan Chase

New York, NY

Major CMBS originator and commercial lender. Full range of CRE financing including conduit, agency, and balance sheet.

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Morgan Stanley

New York, NY

Top CMBS originator. Large commercial real estate lending and securitization.

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Newmark

New York, NY

Major CRE advisory firm offering debt and structured finance, investment sales, and capital markets services.

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Northmarq

Minneapolis, MN

Full-service commercial real estate debt and equity platform. One of the largest privately held CRE finance firms in the US.

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Wells Fargo

San Francisco, CA

Top commercial real estate lender. CMBS, balance sheet, agency, and SBA lending across all property types.

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About CMBS Loans in Connecticut

Commercial Mortgage-Backed Securities (CMBS) loans are commercial mortgages that are pooled together and sold as bonds to investors. They offer competitive rates and non-recourse terms for larger stabilized properties, typically $2M and above. In Connecticut, 13 lenders currently offer CMBS financing with loan amounts from $2M to $500M and rates typically ranging from 5.5% - 8%.

Connecticut Market Overview

Connecticut is home to numerous insurance company headquarters and hedge fund offices, particularly in the Stamford-Greenwich corridor. The state's proximity to New York City creates spillover demand for suburban office and industrial space.

Connecticut's judicial foreclosure process is among the lengthiest in the nation, often taking 18 to 36 months, which affects distressed asset recovery timelines for CRE lenders. The state imposes a real estate conveyance tax of up to 2.25% on sales over $800,000, which increases transaction costs for commercial properties. Fairfield County benefits from corporate relocations out of Manhattan, while the state's Opportunity Zone program has attracted investment to cities like Hartford, New Haven, and Bridgeport.

Who Should Consider CMBS Loans?

  • Large stabilized properties
  • Borrowers wanting non-recourse
  • Properties in major markets
  • Long-term investors

Key Requirements

  • Stabilized property
  • DSCR ≥ 1.25
  • LTV ≤ 75%
  • Property in acceptable market
  • No major deferred maintenance

Pros and Cons

Advantages

  • Non-recourse (no personal guarantee)
  • Competitive rates
  • Higher leverage possible
  • Rate lock at application

Considerations

  • Inflexible after closing
  • Expensive prepayment (defeasance/yield maintenance)
  • Cannot modify property or lease without servicer approval
  • Minimum loan size $2M+

CMBS Loans FAQ

What does non-recourse mean?
Non-recourse means the lender can only go after the property if you default — not your personal assets. CMBS loans are typically non-recourse with standard 'bad boy' carve-outs for fraud, misrepresentation, or environmental issues.
Can I pay off a CMBS loan early?
Yes, but it's expensive. CMBS loans use defeasance or yield maintenance for prepayment, which can cost hundreds of thousands of dollars. Plan to hold through the full term.

CMBS Loans by City in Connecticut

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