Refinance Loans
Restructure your debt, improve your terms, and unlock capital by refinancing your CRE.
Refinancing a commercial real estate asset creates an opportunity to reduce borrowing costs, extend loan maturities, access equity, or restructure debt around a changing business plan. The right refinance is not simply about replacing an existing loan. It is about aligning the new capital structure with the property’s current performance and the owner’s long-term objectives.
Refinance options range across bank financing, life insurance companies, CMBS conduits, and private lenders, each with different pricing, leverage tolerances, and covenant requirements. Identifying the right capital source for a specific asset and situation is where the advisory relationship adds the most value.
Key Highlights
Loan Size: $5M – $100M+
Leverage: Up to 75% LTV (higher leverage with mezzanine or preferred equity)
Term Length: 3–30 years
Rates: Fixed or variable, depending on lender and market conditions
Loan Types: Bank Financing, Life Insurance Companies, CMBS, Private Lenders
Property Types We Finance
i95 Capital offers refinancing solutions for a wide range of commercial real estate properties, from stabilized assets to properties undergoing transition.
Multifamily Properties: Apartment buildings, mixed-use properties, and other residential income properties.
Office Buildings: Class A, B, and C office buildings across various markets.
Retail Properties: Shopping centers, retail storefronts, and other commercial retail spaces.
Industrial Properties: Warehouses, distribution centers, and manufacturing facilities.
Hotels & Hospitality: Hotels, resorts, and other hospitality-related properties.
When to Use Refinance Loans
Refinance loans are ideal for commercial property owners looking to:
Lower Monthly Payments: If interest rates have decreased or the property’s performance has improved, refinancing can lower monthly debt service.
Access Capital for New Opportunities: Cash-out refinancing can help unlock equity for acquisitions, renovations, or other strategic investments.
Restructure Existing Debt: Adjust the terms of your existing loan to fit your current financial strategy, such as extending the loan term or adjusting the interest rate.
Take Advantage of Market Conditions: If market conditions have changed, refinancing may allow you to take advantage of better terms, lower interest rates, or reduced risk.
Sample Use Cases
Refinancing for Rate Reduction: A property owner with a stabilized multifamily property refinances to take advantage of a lower interest rate, reducing monthly payments and improving cash flow.
Cash-Out Refinancing: A retail center owner uses cash-out refinancing to unlock equity for a major property renovation and upgrade, improving the property’s value and rental income potential.
Debt Restructuring: A hotel owner looking to extend the loan term and reduce monthly payments during a challenging period in the hospitality market.
Portfolio Consolidation: A property investor consolidates several smaller loans into one larger loan to streamline management and improve financial efficiency.
How Lenders Evaluate CRE Refinance Requests
Refinance underwriting begins with the property’s current income and its ability to support the proposed debt. Lenders analyze net operating income, occupancy levels, lease terms, and tenant quality to determine how much debt the property can support at current market rates. Unlike acquisition financing, where a business plan can influence loan sizing, refinance lenders are primarily underwriting what the property is producing today.
Loan-to-value and debt service coverage are the two primary sizing constraints. Lenders will order an independent appraisal to establish current market value and will stress test the income against the proposed debt service to confirm adequate coverage. Properties with strong in-place income, long remaining lease terms, and creditworthy tenants support higher loan amounts and better pricing than those with vacancy, near-term rollover, or income volatility.
Existing debt structure matters as well. Lenders evaluate prepayment provisions, defeasance requirements, and maturity dates on the current loan before committing to a refinance. Understanding these factors early in the process helps avoid surprises at closing and allows sponsors to time the refinance to minimize prepayment costs.
Why Work with i95 Capital?
i95 Capital brings extensive capital markets experience and a tailored, hands-on approach to every refinance transaction. By working with a wide range of lenders, from traditional banks to private capital sources, i95 Capital matches each refinancing need with the most competitive terms available.
Deep network of lenders, banks, life companies, and private capital sources
Transparent guidance through term sheets, underwriting, and closing
Capital stack advisory, including preferred equity and mezzanine options
Fast, responsive deal execution and sponsor-first mentality
Our Approach
Every commercial real estate refinance involves a unique combination of property performance, existing debt structure, and owner objectives. i95 Capital evaluates each situation holistically before recommending a path forward. Steps we take:
Assessment: Each engagement begins with a thorough evaluation of the property, existing debt, and financial situation.
Customized Solutions: Based on the property’s profile and financing objectives, i95 Capital identifies refinance options from a range of lending sources, including banks, life insurance companies, CMBS lenders, and private lenders.
Execution: Once the right lender and terms are identified, i95 Capital manages the process from application through closing, ensuring a smooth transaction.
Get in Touch
For commercial property owners evaluating refinancing options, i95 Capital can help assess the current debt structure, identify the right capital sources, and structure a refinancing strategy aligned with the property’s performance and the owner’s objectives.
