Commercial Real Estate | WaterStone Bank

Meet Our Lending Experts

Our team of experts will be happy to help you.

The goal of WaterStone's Commercial Real Estate Division is to add value to our customers by providing them with a unique banking experience... all the time, every time. Why is this our goal? Because adding value to customers is the true essence of relationship banking.

On this journey, we will be guided by our unwavering commitment.

We strive to be the premier, relationship focused, provider of real estate debt products in the markets we serve while also maintaining the highest quality ethical, procedural, and credit standards.

Our banker's unique combination of financing acumen and real world experience positions us to provide our customers with advice and a perspective like no other bank in the market can provide. This allows WaterStone to better craft the products and services it offers while also becoming a more integral member of our customer's team.

We encourage you to learn more about our people, products and services and how WaterStone Bank can add value to your next Commercial Real Estate project.

Solutions

Our vast experience allows us to quickly identify the risks within a transaction so we can fashion a structure which mitigates those risks while also fulfilling the customers' need for a competitive financing package.

Our preferred loan size is between $500,000 and $5,000,000 with the ability to provide relationships with up to $20,000,000 of financing.

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Acquisition / Development / Construction Loans

Interest only facilities ranging in maturity from 12-24 months. Rate can be either floating over prime or fixed at a spread over the Libor Swap Curve. Multiple draws will require third party inspections funded through a title company escrow.

 

Interim Financing - Multi Family

Multi Family - A 10 year facility combined with a 3 or 5 year rate lock with Ioan-to-values up to 80% with amortizations up to 30 years. After the lock expires, the rate will re-set, annually, at a spread over LIBOR rates with appropriate floor rates.

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healthcare

Interim Financing - Commercial/Healthcare

Commercial/Healthcare - 3-5 year balloon facilities with rates fixed at a spread over the LIBOR Swap curve for the entire term of the facility. Loan-to-values up to 75% with amortizations up to 25 years. Certain credit tenant transactions may qualify for higher LTV's and longer amortizations.

REO Financing

Specialized rates and terms can be provided for those purchasing a bank owned property from WaterStone Bank.

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construction

Letters of Credit

Certain transactions require the posting of Letters of Credit to secure the performance of the developer / owner. WaterStone has the capability to underwrite and provide these facilities.

 

Deposit Products/Treasury Management

Full line of deposit products and Treasury Management solutions to help manage the inflow and outflow of cash. Merchant Check Capture is a great solution for owners of multiple properties spread out over a wide area.

credit

Meet Our Lending Experts

Our team of experts will be happy to help you.

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