CMBS Loans in Scranton, PA
Find lenders offering cmbs loans in the Scranton, including Wilkes-Barre, Hazleton, and surrounding areas. Compare rates, terms, and programs from 13 lenders.
CMBS Lenders Serving Scranton
13 lenders offering cmbs loans in the Scranton, PA area.
Arbor Realty Trust
Uniondale, NY
Major CRE lender and REIT. Bridge, permanent, and agency financing. Specializes in multifamily and commercial properties.
Barclays
New York, NY
Active CMBS conduit originator. Commercial mortgage-backed securities for large CRE deals.
CBRE Capital Markets
Dallas, TX
Global CRE services and capital markets. Arranges debt and equity for all commercial property types.
Citigroup
New York, NY
Major CMBS conduit originator. Commercial mortgage lending for institutional-quality properties.
Deutsche Bank
New York, NY
Major CMBS originator. Large-scale commercial real estate debt and securitization.
Goldman Sachs
New York, NY
Major CMBS conduit originator. Large-scale commercial mortgage financing and mezzanine debt.
Janover
Boca Raton, FL
Commercial loan marketplace connecting borrowers with lenders. Multifamily and commercial property debt. Growing platform with competitive terms.
JLL Capital Markets
Chicago, IL
Global commercial real estate services firm. Debt placement, equity advisory, and investment sales across all property types.
JPMorgan Chase
New York, NY
Major CMBS originator and commercial lender. Full range of CRE financing including conduit, agency, and balance sheet.
Morgan Stanley
New York, NY
Top CMBS originator. Large commercial real estate lending and securitization.
Newmark
New York, NY
Major CRE advisory firm offering debt and structured finance, investment sales, and capital markets services.
Northmarq
Minneapolis, MN
Full-service commercial real estate debt and equity platform. One of the largest privately held CRE finance firms in the US.
Wells Fargo
San Francisco, CA
Top commercial real estate lender. CMBS, balance sheet, agency, and SBA lending across all property types.
Scranton Commercial Real Estate Market
Scranton's commercial real estate market has shifted from its legacy coal-mining economy to one driven by warehouse and distribution operations, healthcare, and higher education. The I-81 corridor through Lackawanna and Luzerne counties has attracted major logistics operations, including facilities for Chewy, Amazon, and TJX Companies, as distribution tenants seek lower land costs relative to the Lehigh Valley and northern New Jersey. Downtown Scranton has seen modest revitalization through historic tax credit projects converting former commercial buildings into mixed-use properties, with the University of Scranton serving as a key urban anchor. The Wilkes-Barre adjacent market adds scale, with the Mohegan Sun Pocono casino-resort and Wyoming Valley Mall submarket generating hospitality and retail demand.
Key Economic Drivers
- ●I-81 industrial corridor attracting e-commerce and third-party logistics distribution centers
- ●Geisinger Health System and Commonwealth Health regional hospital networks
- ●University of Scranton, Marywood University, and Wilkes University providing institutional demand
- ●Mohegan Sun Pocono and Poconos tourism driving hospitality property investment
Market Insight
The Scranton-Wilkes-Barre market offers warehouse rents and land costs that are 30-50% below the Lehigh Valley, making it an increasingly attractive option for logistics operators willing to locate slightly farther from the New York metro area.
CMBS Loans in Scranton, Pennsylvania
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 the Scranton metro area, borrowers can access 13 lenders offering CMBS financing, including Wilkes-Barre, Hazleton, and surrounding areas. Loan amounts typically range from $2M to $500M with rates from 5.5% - 8%.
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
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+
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