COMMERCIAL REAL ESTATE LENDING
Take advantage of our wide range of commercial real estate loans. Whether you are financing, expanding, relocating or initially buying business real estate, we have financing options with competitive rates and terms available for:
- Acquisition and development of commercial real estate
- Single family and multifamily construction
- Interim construction loans
- Construction loans with long term financing
- Purchase loans for commercial buildings
- Refinancing of commercial buildings
Our bankers work closely with you from application to final closing to ensure fast, local decision making and practical solutions to fit your needs.
Commercial Real Estate
Torrey Pines Bank is ready to help you and your business purchase, obtain or improve real estate property. Our Commercial Real Estate Loans are term loans that are secured by income producing real estate for investors or owners, and are generally used to finance or refinance real estate property.
Torrey Pines Bank offers a variety of options to finance or refinance Income Producing and Owner Occupied real estate. Our term loans are individually tailored to your financing needs and can have either variable or fixed interest rates. These loans are secured by a first deed of trust on the property.
A Torrey Pines Bank Real Estate Construction Loan is a non-revolving line of credit secured by real estate. During the term of the loan, you pay monthly interest only on the outstanding balance. The dollar amount needed for these payments may be included in total costs so that you do not have to pay interest out of pocket. Construction financing is provided for Office, Industrial, Retail, Multi-Family and Residential Subdivisions. Torrey Pines will also consider financing land acquisitions for future development purposes on a case by case basis.
Subject to credit approval. Other terms and conditions may apply. Additional disclosures will be provided at account opening.