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CMBS Loans in McAllen, TX

Find lenders offering cmbs loans in the McAllen, including Edinburg, Mission, Pharr, and surrounding areas. Compare rates, terms, and programs from 13 lenders.

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 Serving McAllen

13 lenders offering cmbs loans in the McAllen, TX area.

CBRE Capital Markets

Local

Dallas, TX

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

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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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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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McAllen Commercial Real Estate Market

McAllen anchors the Rio Grande Valley market, one of the fastest-growing regions in Texas, with CRE demand driven by cross-border trade with Mexico, healthcare services, and retail serving both U.S. and Mexican consumers. The Anzalduas and McAllen-Hidalgo International Bridges process billions of dollars in annual trade, supporting warehouse, cold storage, and customs brokerage facilities along the US-83 expressway corridor. The Trenton Road and North 10th Street commercial corridors are the primary retail and medical office nodes, with DHR Health — one of the largest physician-owned hospitals in the U.S. — expanding its campus and specialty clinics. The region's young and growing population, combined with relatively low land costs, has attracted national retailers and restaurant chains that view the Valley as an underserved market with significant upside.

Key Economic Drivers

  • U.S.-Mexico cross-border trade through the McAllen-Hidalgo and Anzalduas international bridges
  • DHR Health hospital system, one of the largest physician-owned medical campuses in the country
  • South Texas College and UT Rio Grande Valley expanding educational campuses and research facilities
  • Retail sector serving both U.S. residents and Mexican cross-border shoppers from Reynosa and the interior

Market Insight

McAllen's retail market uniquely benefits from significant Mexican cross-border shopping traffic, with an estimated 30-40% of retail spending in the metro coming from Mexican nationals — a dynamic that creates outsized demand for shopping centers and big-box retail along the expressway corridor.

CMBS Loans in McAllen, Texas

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 McAllen metro area, borrowers can access 13 lenders offering CMBS financing, including Edinburg, Mission, Pharr, 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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