CMBS Loans in San Antonio, TX
Find lenders offering cmbs loans in the San Antonio, including New Braunfels, Schertz, Boerne, and surrounding areas. Compare rates, terms, and programs from 13 lenders.
CMBS Lenders Serving San Antonio
13 lenders offering cmbs loans in the San Antonio, TX area.
CBRE Capital Markets
LocalDallas, TX
Global CRE services and capital markets. Arranges debt and equity for all commercial property types.
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.
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.
San Antonio Commercial Real Estate Market
San Antonio's CRE market is shaped by a large military presence, a booming biosciences sector, and a tourism economy driven by the Alamo, the River Walk, and convention activity. Joint Base San Antonio — encompassing Fort Sam Houston, Lackland AFB, and Randolph AFB — is the city's largest employer and supports significant off-base commercial and hospitality demand in the surrounding corridors. The South Texas Medical Center on Fredericksburg Road is one of the largest medical employment concentrations in the state, generating sustained demand for medical office and life sciences space. The I-35 corridor north toward New Braunfels and the 1604 Loop suburban ring are the primary growth areas for retail, industrial, and multifamily development, while the Pearl Brewery district has become a nationally recognized adaptive reuse success story.
Key Economic Drivers
- ●Joint Base San Antonio (Fort Sam Houston, Lackland, Randolph), the largest joint military installation in the U.S.
- ●South Texas Medical Center corridor including UT Health San Antonio, Methodist Healthcare, and Christus Health
- ●Toyota Motor Manufacturing Texas truck plant and associated supplier network on the south side
- ●Tourism and convention economy anchored by the River Walk, Alamo, and the Henry B. Gonzalez Convention Center
Market Insight
San Antonio's cybersecurity industry has grown significantly due to the military's cyber operations presence at Lackland AFB and Port San Antonio, creating a specialized demand for secure office space and data center facilities in the surrounding corridors.
CMBS Loans in San Antonio, 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 San Antonio metro area, borrowers can access 13 lenders offering CMBS financing, including New Braunfels, Schertz, Boerne, 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+
CMBS Loans in Other Texas Cities
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