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CMBS Loans in Madison, WI

Find lenders offering cmbs loans in the Madison, including Sun Prairie, Middleton, Fitchburg, 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 Madison

13 lenders offering cmbs loans in the Madison, WI area.

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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Madison Commercial Real Estate Market

Madison consistently ranks among the strongest small-metro commercial real estate markets in the Midwest, driven by the University of Wisconsin-Madison, a robust state government employment base, and a fast-growing health and biotech sector anchored by Epic Systems' Verona campus. The Capitol Square and State Street corridor form the downtown office and retail core, while the University Research Park on the west side houses biotech, health IT, and engineering firms in a campus-style setting. The East Washington Avenue corridor has emerged as Madison's primary growth axis for mixed-use and multifamily development, connecting downtown to the Sun Prairie submarket. Madison's unemployment rate has historically run well below the national average, supporting consistently tight vacancy rates across office, industrial, and multifamily asset classes.

Key Economic Drivers

  • Epic Systems headquartered in Verona, employing 13,000+ workers and driving surrounding commercial growth
  • University of Wisconsin-Madison and UW Health research and medical complex
  • Wisconsin state government offices concentrated around Capitol Square
  • University Research Park biotech and health IT cluster on Madison's west side

Market Insight

Epic Systems' continued campus expansion in Verona has made the southwest Madison submarket one of Wisconsin's tightest commercial and residential markets, with Dane County issuing more building permits per capita than any other county in the state.

CMBS Loans in Madison, Wisconsin

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 Madison metro area, borrowers can access 13 lenders offering CMBS financing, including Sun Prairie, Middleton, Fitchburg, 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 Wisconsin Cities

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