Parklane Commercial Lending

Southfield, MI

A prominent financial services provider with years of collective experience among its staff members, Parklane Commercial Lending provides a wide range of services to meet the needs of investors, clients, and projects. Parklane specializes in a number of key areas, namely commercial real estate, real estate portfolios, private banking, real estate development, and collateral enhancement. In addition to investors and clients, the company caters to sellers, advisors, lenders, brokers, borrowers, and underwriters.

In the field of commercial lending, Parklane utilizes its debt model programs to help clients obtain the necessary loans. The company primarily issues loans with a debt structure attached to a variable or fixed interest rate over a set time span. Minimum loans typically start at $500,000, while maximum loans depend on the company's portfolio, conduit, placement, and correspondent possibilities. Aside from its normal portfolio operations, Parklane works closely with agencies that reduce some of the risk for a loan or project. Common programs and structures offered by the company include conventional financing; large cap programs and structures; U.S. Department of Agriculture and U.S. Department of Housing and Urban Development programs; and franchise financing.

In some cases, Parklane will accept a joint venture equity position instead of debt payments. The company sets a maximum of 49 percent ownership in projects, and requires projects to determine buy-out terms within formal underwriting. Common building expenses covered by the company's equity financing include project development, hard costs, and land acquisition.

To learn more about the services offered by Parklane Commercial Lending, visit www.parklanecommerciallending.com.

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