Just Closed: $1.1M SBA 504 Loan for Multi-Tenant Office Building

Liberty SBF closed a $1.1 million SBA 504 loan at 90% LTV for a multi-tenant office building acquisition in Poway, CA. The borrower acquired the building for $1.2 million.

Located 30 minutes north of San Diego, this two-story, Class C office building will be owned and partially occupied by the Sponsor. The business owners, who operate a full-service boutique real estate firm, will occupy three of the six total units in the building and lease out the remaining three. The building was constructed in 1975 and is 4,400 SF.

Interested in applying for a commercial real estate loan with Liberty SBF? Click below to learn more about our secure online application process.


Industrial Property Loan Closed: $1.6MM SBA 504 Acquisition Loan

Liberty SBF provided $1,558,800 in total SBA 504 for the acquisition of an industrial building located in Hollywood, FL for an e-commerce retailer. The guarantors consist of two companies that share space, inventory, and operating expenses. They offer brand name apparel, footwear, jewelry, home and kitchen gadgets, tactical gear, and sports and outdoor gear mostly sold on Amazon.com. The property consists of two buildings located 22 miles north of Miami.

How can we help?

Liberty SBF offers personal service for SBA 504, Conventional & Bridge loans for owner-user properties across the US. We’d love to help you.


Office Property Loan Closed: $3.9MM Conventional Refinance Loan

Liberty SBF provided a $3,900,000 Conventional loan to refinance an office building located in Santa Clara, CA for a company that provides design services for the semiconductor industry. The property is a two-story, 17,250 SF office building. The borrower occupies the second floor and leases out the first floor.

The appraised value of the property came in at $6MM, resulting in a Liberty 1st Lien LTV of 65%. The company helps large digital clients like to develop next generation flagship product lines, including mobile devices, complex routers/switches, consumer products, storage devices, and microprocessors processors.

How can we help?

Liberty SBF offers personal service for SBA 504, Conventional & Bridge loans for owner-user properties across the US. We’d love to help you.


Medical Office Property Loan Closed: $1.8MM SBA 504 Acquisition Financing

Liberty SBF provided a $1,816,200 SBA 504 loan for the acquisition of a medical office located in Avon, OH for a provider of early intervention Applied Behavioral Analysis (ABA) therapy and related services to individuals with autism.

The property is a one-story medical office condo located in Avon Pointe, a 20-acre professional campus featuring regional medical office and traditional national office tenants. The company will occupy 100% of the property for its business.

How can we help?

Liberty SBF offers personal service for SBA 504 and Conventional loans for owner-user properties across the US. We’d love to help you.

Get Your Deal Quoted


Office Property Loan Closed: $2.1MM SBA 504 Acquisition

Liberty SBF provided a $2,070,000 SBA 504 loan to acquire and renovate an office building located in Portland, OR. The property is a two-story commercial building that had been built out for a night club and three apartment units.

The Borrower will perform a $1.3MM renovation to convert the building into office space. Upon completion, the Property will contain 5,114 SF of net rentable area consisting of private offices, meeting space, and common office areas. The company will occupy 100% of the property for its consulting and training business.

How can we help?

Liberty SBF offers personal service for SBA 504 and Conventional loans for owner-user properties across the US. We’d love to help you.

Get Your Deal Quoted


Mixed-Use Property Loan Closed: $590,000 Conventional Acquisition

Liberty SBF provided a $589,856 Conventional loan for the acquisition of a mixed-use property located in Brooklyn, NY. The appraised value of the property resulted in a Liberty 1st lien LTV of 51.7%. The Property is a 2,470 SF, two-story industrial/office property in Brooklyn. The first floor of the Property is industrial space and the second floor is office space. The Property is zoned and functional for warehousing, manufacturing, retail, and office uses.

The borrower will fully occupy the property. The company manages its client’s construction process from beginning to end, ensuring both quality and compliance.

How can we help?

Liberty SBF offers personal service for SBA 504 and Conventional loans for owner-user properties across the US. We’d love to help you.

Get Your Deal Quoted


Closed: $1.04MM SBA 504 Office Property Loan

Liberty SBF has closed a $1.04MM first and interim second lien SBA 504 loan for the acquisition of a one-story, 4,150 SF office building, located in Federal Way, WA. The company also acquired the property’s 20,652 SF of excess land for parking and for potential future development.

The loan for the property, located 10 miles northeast of Tacoma and 24 miles south of Seattle, comprises the $613.3K SBA 504 first mortgage and a $429.3K SBA 504 interim second mortgage. The 24-hour towing and roadside assistance provider in Seattle bought the distressed business in December 2017, and has significantly improved its performance since acquisition

The company will occupy the building area that is not occupied by an existing tenant, and use the excess land for its towing company. The building was constructed in 1988.

How can we help?

Liberty SBF offers personal service for SBA 504 and Conventional loans for owner-user properties across the US. We’d love to help you.

Get Your Deal Quoted!


10 Articles About CRE From Liberty SBF

Liberty SBF has become a thought leader in commercial real estate finance with articles published online and in major industry media outlets. Below are 10 articles published by Liberty SBF or in influential publications with the company’s input.

1) Non-Bank Lending Is the Solution for Small Business CRE Loans

Strong demand for capital in the commercial real estate sector is expected to continue for the foreseeable future. Historically low interest rates, a robust economy, and strong employment numbers are boosting a surge in CRE demand across the country. People might assume that all commercial real estate lenders are alike, but there are many types of financial institutions that work with CRE borrowers.

What is a non-bank lender and how is it different?

2) Think Retail is Dead? Think Again!

Despite what you might be hearing in the news, in today’s strong economy, retail trade continues to grow. April 2019 saw a year-over-year 3.1 percent increase in US retail sales

Find out how business owners can thrive in the new retail ecosystem especially with an SBA 504 loan.

3) Green Office Properties & the SBA 504 Loan

When you acquire a green office property you can help protect the natural environment, have a healthier workplace, and take advantage of the special SBA 504 Green loan program, when the office property you are purchasing meets certain environmental standards.

Find out advantage of SBA 504 financing for office properties here.

Man in suit with graph showing loan interest rates

4) Loan Interest Rates for Dummies (and the Rest of Us)

We spend a lot of time talking about interest rates because they affect so much of our lives. On a personal level, they govern the cost of our mortgage, our credit card bill and our car payment. In business, they affect our ability to grow and expand, to invest in new equipment, and to purchase commercial real estate.

But how well do we really understand interest rates? Where do they come from? What do they mean, and how can we make smart financial decisions based on our expectations for future interest rates?

Click here to find out more about interest rates.

5) Characteristics of an Industrial Real Estate Hot Spot

Over the past few years there has been a revitalization of the industrial sector, driven primarily by e-commerce retailers looking for warehouse space that meets their specific needs.

On paper, that looks like decreased industrial vacancy and increased rents. What really makes an industrial hot spot in different regions?

Click here to see what makes an industrial hot spot.

6) The Interim Second – a Critical Element of Every SBA 504 Loan

If you’re familiar with SBA 504 loans, you’re likely at least familiar with the term “interim second.” But there’s also a good chance that you may not fully understand what an interim second is, and how critical it is to SBA 504 financing.

Click here to learn more about Interim Seconds for SBA 504 loans.

Flexible open office space

7) What a 25-Year Term on SBA 504 Loans Means for Business Owners

Last year, the SBA made the first major change to its 504 loan program in over 30 years: It added a 25-year term. Now, businesses owners applying for a SBA 504 loan can choose from a 10-, 20- or 25-year debenture. What’s different about a 25-Year SBA 504 loan?

Click here to find out.

8) Scale the Multifamily Mountain with a Bridge Loan

When your multifamily property deal needs to close before your agency loan is approved. When this happens, having a strong bridge lender on speed dial can make a commercial mortgage broker look like a hero to their client.

Find out more about bridge lending for multifamily here.

9) Spotlight on Self-Storage: What’s all the Buzz About?

This asset class may not exude the glamour of a shiny downtown office tower, but self-storage assets have for a long time been the unsung heroes of commercial real estate investments. People are talking more and more about self-storage.

Read why here.

10) Hotel Financing With the SBA 504 Loan Program

The US hotel industry saw another record year in 2018, reaching absolute values that were the highest ever benchmarked. A 10th consecutive year of growth is predicted for 2019, according to CBRE Hotels Americas Research. As experienced lenders, we are convinced that the best, most cost-effective solution is to finance your hotel is with an SBA 504 loan.

In this article, we will walk you through today’s peak hotel market, as well as recent changes that affect SBA 504 loans.

Get Your Deal Quoted!


Medical Office in Phoenix, SBA 504 Loan Benefits

The Latest Commercial Real Estate News From Liberty SBF

10 Reasons Applying For an SBA 504 Loan is Worth It

AZBigmedia.com published a summary of the top 10 reasons to apply for an SBA 504 loan. A low down payment topped the list, allowing business owners to purchase a property they otherwise couldn’t afford. A 30-40 percent down payment isn’t attainable for most small business owners but the SBA 504 loan program finances up to 90 percent of the acquisition plus some soft costs. Long term, fixed interest rates are other reasons to go SBA 504. The full list provides a quick education on 504 financing.

Phoenix Medical Office Vacancy Falls 33%

Doctors talking in hospital hallway

Demand in the form of an increased population has helped the medical office market in Phoenix. A new report from JLL shows that vacancy rates have fallen by 33 percent in the past five years. But, it’s not just a population boom that is driving growth in this corner of America. Over the years, Phoenix has attracted some heavy hitters in the medical provider sector including the Mayo Clinic, Banner Health and Dignity Health, the largest hospital system in the US.

The Drumbeat to Cut Rates Gets Louder

As the trade wars continue to escalate, Federal Reserve Chairman Jerome Powell reassured the financial markets, saying the Fed will “act as appropriate to sustain” the current economic expansion. Is a rate cut appropriate to the times? Anxious about the trade war, Wall Street is expecting that the Fed will cut its benchmark rate twice before the end of the year.

Liberty Closes Over $40MM in Industrial Property Loans

Liberty SBF clients have been participating in the new economy with over $40MM in industrial property loans closed across the county. See all of Liberty SBF’s recently closed loans.

How Can We Help You?

Liberty SBF offers quick closings for SBA 504 and conventional loans. We’d love to help you.

Let’s Talk. 


Flex Office Trend and the Small Business Persons of the Year…

Flex Office Is Growing in Urban Markets

Front exterior of an industrial warehouse building in Queensland Australia. Click to see more…

According to JLL, flex office space is growing by an average of 33 percent each year, accounting for almost two-thirds of US occupancy gains. No markets are over-saturated, and there are plenty of opportunities for this type of asset in many US metropolitan areas. The top ten growth markets are New York City, San Francisco, Silicon Valley, Austin, Boston, Northern Virginia, Washington DC, Seattle, Denver, and Los Angeles’ Westside.

Arizonans Named SBA Small Business Persons of the Year

Jennifer and Jeff Herbert, founders of Superstition Meadery in Prescott, Arizona, were named 2019 SBA Small Business Persons of the Year. They produce mead (fermented honey with fruit, herbs, and spices), the world’s oldest known alcoholic beverage. The Herberts grew their $5.5 million, 140-employee, two-locations business with SBA financial and counseling support. An SBA 504 loan covered the costs of constructing its new distribution and franchise support center in 2017.

What You Need to Know About SBA 504

TMC Financial’s CEO Barbara Morrison spoke about SBA 504 lending to cpexecutive.com. She was asked about the three main things borrowers don’t usually know about 504 lending. One thing she said was that many business owners are unaware of the program and its 10% down payment, which she called a “game-changer” for many owners. Other business owners weren’t aware they qualify as “small” business owner. “The SBA’s definition of ‘small’ is substantially larger than what most people assume. The truth is, most for-profit businesses qualify,” she said. Morrison also said that there is a misconception about how long it takes to get SBA financing.

Liberty SBF Adds New Originator to Fast-Growing National Team

Liberty SBF is excited to announce that Carlos Vasquez, MBA has been appointed VP, Originations, a new originator on our fast-growing national team of top-ranked commercial real estate professionals. Based in Austin, Mr. Vasquez will further increase our capacity to provide high leverage fixed-rate SBA and conventional loans in Texas.

How Can We Help You?

Liberty SBF offers quick closings for SBA 504 and conventional loans. We’d love to help you.

Let’s Talk. 


News Roundup: CRE Trends That’ll Dominate 2019

The Latest Commercial Real Estate News From Liberty SBF

The 18 CRE Trends That’ll Dominate 2019

City skyscrapers graphic with arrows and 2019

Prognostication is always a risky business, but nevertheless, Bisnow found some industry experts willing to play Nostradamus for the coming year. A few predicted highlights include a continued boom in industrial demand from eCommerce, rising interest rates, and record-breaking hotel occupancy. Check out the full list.

Flexible Space Sees Major Growth

Flexible open office space

As technology changes the way people live, work and commute, investors are increasingly looking to invest in buildings with a high percentage of flexible space, reports GlobeSt. In fact, JLL recently noted that office flex grew by 29% in 2017, and is likely to grow by more than 25% in 2018.

Just Closed! $1.5M SBA 504 Loan for Retail Space in New York

Retail building exterior

Liberty is happy to announce that we’ve just closed a $1.5 million SBA 504 loan for the acquisition of a retail property in the Glendale neighborhood of Queens, NY.

Industrial Construction to Swell in Chicago

Industrial Chicago scene

Similar to the national market, Chicago has seen record-breaking industrial construction in the last few years, including finishing 19 million SF in 2016 and 22.6 million SF in 2017. Though growth hasn’t been as strong in 2018, experts believe it will ramp up again soon in response to increasing demand from users and investors.

Liberty Funds More Than $39 Million in Recent Industrial Acquisitions

Warehouse with many trucks docked outside

Recently, Liberty has funded more than $39 million in industrial and warehouse acquisitions for business owners taking advantage of some of the hottest industrial markets in the country.

2018 Prediction Scorecard

skyscrapers from below into the sky

We’ve got to give it to the folks at Bisnow for being willing to assess the accuracy of their predictions from last year. From a booming industrial sector to leisure travel-focused hotels to senior housing, they gave themselves a passing grade. Maybe that means good things for their 2019 predictions?

How Can We Help You?

Liberty SBF is the #1 ranked non-bank SBA 504 lender by volume in the country. We offer personal service for SBA 504, bridge and conventional loans. We’d love to help you.

Let’s Talk. 


News Roundup: Optimistic Small Business Owners, E-Commerce Pushes Demand for Industrial and CRE Investment up $10+ Billion

Small Business Owners Are More Optimistic Than Ever

Small Business Owners Being Optimistic

For 45 years, the NFIB has been surveying small business owners. In August, they reported being more optimistic about the future than they ever have been in the history of the survey. The previous high-optimism mark came in 1983, when a new Dodge Ram cost $5,665, Regan was president and a 2bd townhouse in Chicago would run you about $47,000.

E-Commerce Takes Over Former Industrial Spaces

Warehouse Workers in an eCommerce Warehouse

Leaving our homes to buy things is so last decade. And as we become increasingly reliant on e-commerce, The New York Times reports that industrial space is in hot demand, and much of it is being converted from manufacturing to distribution centers. The most valuable properties offer easy access to large metropolitan areas and major transportation arteries.

Liberty Closes $34.6 Million in SBA 504 Industrial Loans

A warehouse financed through SBA 504 small business financing.

Over the past 24 months, Liberty has provided nearly $35 million in SBA 504 financing for strategically located warehouses. These transactions range from a $1.7 million warehouse in Riverside, CA, offering easy access to the LA Metro area, to an $11 million warehouse near Bristol, PA, that’s within an hour’s drive of both the New York and Philadelphia metros.

Q2 CRE Investments Up $10+ Billion

Q2 CRE investments are up significantly.

New data from Real Capital Analytics suggests that the commercial real estate investment volume is up 9.1% from the first quarter of 2018. This growth was led by the Western U.S., which posted $32.2 billion in Q2 activity.

Liberty Wraps Up $16.5 Million in Office Space SBA 504 Loans

SBA 504 Financed Office Buildings

The closing of a $5.4 million office building in Newport Beach, CA, marks a cumulative $16.5 million in office space acquisitions through Liberty-led SBA 504 loans over the past two years.

The Cases For and Against “Previewing” Real Estate Listings

Pocket listings are nothing new to real estate, but a new plan for sneak-peek marketing from a New York brokerage is reigniting the debate. And while commercial listings land outside the MLS, it’s worth thinking about ways that pre-release marketing could help (or hurt) buyers, sellers and brokers.

How Can We Help You?

Liberty SBF is the #1 ranked non-bank SBA 504 lender in the country. We offer personal service for SBA 504, bridge and conventional loans. We’d love to help you.

Let’s Talk.