Serving the New Orleans Metropolitan Area

Commercial Property

Loan

Components of commercial lending

There is no “standard” loan in commercial lending just like there is no standard contract so you will need a good banker once you decide once you shop banks and decide who best fits your needs. But there are some basic guidelines that you will need to know. Depending on the type of property and the occupancy depends on the type of loan you are looking for. For example owner/occupied over 51% you...

Types of commercial leases

There are several types of leases that a Tenant might consider when looking for a rental space. The category of a lease depends on how the landlord determines the cost of rent and who pays for each of the property’s expenses.Understanding these different type of leases can help you decide on terms that work for your business. Common lease types include: Single net : In a single net lease, the tenant...

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