Maine Commercial Real Estate Loans
Maine Commercial Real Estate Loans$150K to $100M
I arrange Maine commercial real estate loans for investors, sponsors, and developers, from a coastal inn in Bar Harbor to a $100M mixed-use build in the Old Port. From Portland to Bangor I move fast, because in a thin market like this one the deal goes to whoever can actually fund it. If you are searching for Portland commercial real estate loans with a real closer behind them, you found me. Banks hand out umbrellas when the sun is shining, not when you are weathering the storm. I bring the capital partner who closes Maine commercial real estate loans when the bank will not.
If you are comparing Maine commercial real estate loans, start here. I arrange Maine commercial real estate loans for purchase, refinance, construction, and bridge across all 50 states, with deep focus on the Portland and southern Maine corridor. The short version on Maine commercial real estate loans: they should move at the speed of the deal, and most local banks simply cannot. I can.
The Property Types I Finance in Maine
Whatever you are buying, building, or refinancing, I have a lender for it. Maine commercial real estate loans run through all eight of these lanes, each tied to the national program page so you can dig into structure, leverage, and timing. Pick your asset and the Maine commercial real estate loans behind it follow.
Multi-Family Apartment
Greater Portland is one of the tightest rental markets in New England, and a wave of new downtown units is being absorbed by relentless renter demand. I fund Maine multi-family loans on acquisition, refinance, and value-add across Portland, Lewiston-Auburn, and the southern coast. Maine multi-family loans are the deepest lane I run in this state.
View multi-family loans →Warehouse and Industrial
The Portland and Bangor logistics corridors keep Maine industrial demand steady, from cold storage tied to the seafood trade to last-mile distribution off I-95. These are some of the most dependable Maine commercial real estate loans on my desk.
View warehouse and industrial loans →Office Building
Portland’s Old Port and Bangor’s downtown still trade where the tenant story is strong. I underwrite Maine office acquisitions and refinances on the lease, not just the address, the way solid Maine commercial real estate loans should be written.
View office building loans →Office Condo
For Maine practices and small firms that want to own their suite instead of rent it, the office condo plus SBA 504 combination is one of the strongest owner-user plays in Portland and South Portland, and among the most popular Maine commercial real estate loans I arrange.
View office condo loans →Retail and Strip Mall
Tourism drives retail in Maine, and the coast keeps filling up every summer in places like Bar Harbor, Kennebunkport, and Old Orchard Beach. I finance neighborhood centers and pad sites where the seasonal and year-round demand both show up.
View retail and strip mall loans →Flex Building
Flex space fits Maine’s contractor, marine-trades, and small-manufacturing economy. I fund multi-tenant and owner-user flex across Portland, Westbrook, and the Bangor area where the work is.
View flex building loans →Construction / Development
With Greater Portland short on housing and infill sites scarce, ground-up deals in Maine reward speed. I structure construction and development capital with an LTV/LTC blend up to 90% on qualified large deals.*
View construction and development loans →Self Storage
Maine’s seasonal population swings and tight housing make self storage one of the steadiest cash-flow plays in the state. I lead these with SBA 504 for owner-users, acquisition and ground-up alike, and they remain some of the most reliable Maine commercial real estate loans in the market.
View self storage financing →Maine Commercial Real Estate Loans: Programs and Speed
Every Maine commercial mortgage I place runs on one principle: the faster I see the deal, the faster I put a term sheet in your hands. These are the Maine commercial real estate loans programs I run and what to expect on each.
| Program | Loan Range | Term Sheet | Close |
|---|---|---|---|
| Commercial Real Estate (acquisition) | $150K to $100M | 3 to 5 days | 21 to 30 days |
| Investment Property | $150K to $100M | 3 to 5 days | 21 to 30 days |
| Bridge Loans | Deal-dependent | 24 to 72 hours | 15 to 30 days |
| Construction / Development | $500K to $100M | 5 to 10 days | 30 to 45 days |
| SBA 504 (owner-occupied CRE) | Up to $5.5M | 5 to 7 days | 45 to 60 days |
| SBA 7(a) (CRE acquisition) | Up to $5M | 5 to 7 days | 45 to 60 days |
| Cashout (free-and-clear property) | $150K to $100M | 3 to 5 days | 10 to 20 days |
Why the SBA 504 Structure Is Different
The SBA 504 is one of the most powerful Maine commercial real estate loans for an owner-user, and it is widely misunderstood. Most people think an SBA 504 loan is a bank loan with a government program attached to it. It is not. The SBA 504 is structured differently from any conventional CRE loan, and that is exactly why it works the way it does.
Here is the actual mechanic:
The bank provides the first lien at typically 50 percent of the project. The SBA/CDC second-position portion (40 percent) is packaged through the debenture market, where SBA-backed debentures are sold to investors.
In other words, the SBA portion is tied more closely to the bond market than to any conventional bank balance sheet.
A conventional commercial loan is priced around bank risk, borrower risk, property risk, and lender margin. The SBA 504 debenture is priced around government-backed bond risk… a completely different funding source.
That is why the 504 program can deliver long-term, fixed-rate capital that conventional commercial real estate financing often cannot replicate. The 504 advantage is the highest leverage in the market for the owner-user, because it draws from a different capital source entirely.
When the 504 fits your deal, it is almost always the best structure available. The question is whether your deal qualifies. One conversation with me and I will tell you.
Maine Commercial Real Estate by the Numbers
I underwrite Maine commercial real estate loans against the real economy, not the headlines. These are the public figures that explain why capital keeps flowing into this state and why Maine commercial property loans keep performing.
Maine residents
Maine’s population reached an all-time high of about 1.41 million in 2024, with nearly half of recent net migration arriving from outside the U.S… new renters and buyers who need space.
Source: Maine Office of the State Economist / U.S. Census (2025)Median age, oldest in the U.S.
Maine has the oldest median age in the country, which drives steady demand for medical office, senior housing, and the multi-family units an aging, downsizing population rents.
Source: Maine Office of the State Economist / U.S. Census (2025)2024 real GDP growth
Maine’s real GDP grew 3.0% in 2024, 17th in the nation and ahead of the U.S. average, with real estate, rental and leasing among the top contributors to that growth.
Source: Maine State Economist / U.S. BEA (Apr 2025)Real estate sector output
Maine’s real estate, rental and leasing sector produced $15.4 billion in 2024, up sharply from $11.4 billion in 2020… a deep base of demand under the Maine commercial real estate loans I arrange.
Source: U.S. BEA via FRED (2025)Annual tourism spending
Tourists spent $9.2 billion in Maine in 2024 and supported roughly 116,000 jobs, the engine behind the state’s hospitality, retail, and coastal commercial property.
Source: Maine Office of Tourism (reported) (2025)How Maine Investors Use Maine Commercial Real Estate Loans
Demand is one thing. Turning it into a closed deal is another. Here is how the Maine commercial real estate loans I arrange actually get put to work, lane by lane. Whatever the asset, Maine commercial real estate loans win on speed and structure, and that is what I bring to every file.
Maine Multi-Family Loans
Maine multi-family loans are one of the busiest lanes on my desk, and it is no accident. Greater Portland runs one of the tightest rental markets in New England, and even as new downtown units deliver, persistent renter demand keeps absorbing them. I place Maine multi-family loans on purchase, refinance, and value-add. Maine multi-family loans run from a triple-decker in Lewiston to a 100-unit complex in South Portland. The same playbook behind my $43M and $4.2M apartment closings drives these Maine commercial real estate loans for you.
The Maine Commercial Mortgage Options I Place
A Maine commercial mortgage is not one product, it is a menu. I match each Maine commercial mortgage to the asset and the borrower: conventional bank debt for clean income property, SBA 504 and 7(a) for owner-users, bridge capital for speed, and institutional money for the big deals. Where a local bank tries to force your deal into one box, I shop your Maine commercial mortgage across a 75+ lender network until I find the structure that fits, the same way I shop every one of my Maine commercial real estate loans.
Maine Commercial Property Loans Across Every Asset Class
I write Maine commercial property loans on retail, office, industrial, flex, self storage, hospitality, and mixed-use, not just the easy categories. Maine commercial property loans are where my owner-operator background pays off for you, because I have actually held title, run the numbers, and lived through a closing. When your Maine commercial property loans depend on a tight timeline or a seasonal cash-flow story, that experience is the difference between a funded deal and a dead one.
Portland Commercial Real Estate Loans and the Southern Maine Market
Portland commercial real estate loans dominate my Maine volume, and the southern coast earns it. The Old Port, the multi-family pipeline, the seaport and rail logistics, and a dense healthcare corridor all pull capital into Greater Portland. I treat Portland commercial real estate loans as a priority lane, with the lender relationships and the market read to fund Maine commercial real estate loans faster than an out-of-area bank ever could on the same deal.
When the Bank Walked, I Closed
One deal is luck. Two deals at wildly different sizes is a system. Here is the proof behind the Maine commercial real estate loans I place, at both ends of the size scale.
$43M Multi-Family Apartment Complex
- Bank issued a pre-approval, then walked two weeks before closing.
- The real estate broker called me.
- I structured the financing with an institutional capital partner.
- Term sheet in the buyer’s hands in 48 hours.
- Closed in 19 days.
“When a $43M deal demands institutional speed, this is how I deliver.”
$4.2M Multi-Family Apartment Purchase
- The borrower’s bank walked pre-closing.
- This was a purchase, not a refinance.
- I funded it in 24 days.
- Into a 20-year fixed.
“This is the typical-investor deal I do every month.”
Fresh Closings From My Desk
Loading my latest funded deals…
A Maine Bank vs. Me
A bank works for the bank. I work for your closing. Here is what that difference looks like on real Maine commercial real estate loans, scenario by scenario. The pattern repeats on most Maine commercial real estate loans I rescue.
| Scenario | Traditional Bank | Kevin |
|---|---|---|
| $5M acquisition with a 60-day closing window | 90+ days to underwriting, often declined | I deliver a term sheet in 3 to 5 days and close in 21 to 30 |
| Bank withdraws 10 days from close | Deal dies | I can place an emergency term sheet in 24 hours and close in under 15 days |
| Out-of-state buyer | Bank wants an in-state relationship | I am a cross-state CRE specialist, all 50 states |
| Loan over $20M | Most banks tap out | I close up to $100M with my institutional partners |
| Owner-occupied CRE | Generic SBA process | I am an SBA 504 specialist, 90-day target close |
| 1031 exchange, tight timeline | Bank cannot match the deadline | I close in 21 to 30 days, with your replacement property identified |
| Seasonal hospitality property, lumpy income | Declined for “inconsistent cash flow” | I have DSCR and bridge programs that read a seasonal Maine income story correctly |
Why Work With Me Instead of a Maine Bank
20+ Years in the Commercial Real Estate Arena.
I have spent 20+ years in the commercial real estate arena, not behind a teller window. I have been a broker, an owner, and an operator. I have sat on the borrower’s side of the table, signed the personal guarantee, and sweated a closing date, so when I tell you I understand your Maine commercial mortgage, I mean it from experience and not from a training manual. That experience is behind every one of the $500M+ I have funded, and behind every Maine commercial real estate loans file I take on.
I bring a 75+ lender network and a $100M institutional capital partner to the table, and I execute across all 50 states. Most loan brokers have never owned commercial property or run a deal from the borrower’s side. That is the difference you feel when a Maine deal gets complicated and you need someone who has actually been there to keep it alive. Don’t Beg the Bank! Put a borrower-side operator on your side instead.
I call you. I never text. I review every Maine commercial real estate loans file personally, 7 days a week, on Arizona Time. For a multi-million-dollar decision you deserve a real person who picks up the phone, not a portal and a ticket number. That is the trust a CRE deal of this size requires, and it is the standard I hold myself to on every file.
So here is the bottom line on Maine commercial real estate loans. Don’t Beg the Bank! Tell me what you are trying to do and I will tell you the fastest way to fund it. More about how I work → or scroll down and send me the deal.
What Drives the Maine Deals on My Desk
Three engines fill my Maine pipeline. Hospitality and tourism anchor the coast, where $9.2 billion in annual visitor spending fuels inns, restaurants, retail, and seasonal commercial property from Old Orchard Beach to Bar Harbor. Healthcare keeps expanding for the oldest population in the country, driving medical office and senior-housing demand in Portland and Bangor. And manufacturing, from shipbuilding to food processing, holds steady across the state. When those tenants need space, the property behind them needs Maine commercial real estate loans, and that is where I come in. Three engines, one source for the Maine commercial real estate loans behind them.
Maine Commercial Real Estate Across the Map
My desk covers the whole state, and I place Maine commercial real estate loans in every corner of it. Portland commercial real estate loans are the core of what I do, anchored by the Old Port, the deepest multi-family market in northern New England, and a busy seaport. Lewiston and Auburn carry the central-Maine mill-to-multifamily conversion story, Bangor anchors the north, and the coastal markets like Bar Harbor, Kennebunkport, and Camden run hospitality deals that bigger banks misunderstand. Wherever the deal sits, I can fund it with the right Maine commercial real estate loans for that market.
Authority on Maine Commercial Real Estate Lending
I would rather you trust the institutions than take my word for it. These are the sources I rely on when I structure Maine commercial real estate loans, and you should too.
Federal Loan Programs
The SBA’s own breakdown of 7(a), 504, and other programs I use to structure owner-occupied CRE deals.
SBA Loan Programs →Commercial Real Estate Industry
NAIOP, the commercial real estate development association, on market trends and development standards.
NAIOP →Real Estate Research and Trends
The Urban Land Institute’s research on capital flows and emerging trends in real estate.
ULI →Maine Regulator
The Maine Real Estate Commission, the state body that licenses and regulates real estate brokerage in Maine.
Maine Real Estate Commission →Send Me Your Maine Deal
Tell me what you are working on. I review every one of my Maine commercial real estate loans files personally and I will call you back, 7 days a week, on Arizona Time.
No upfront fees.* I am paid by the lender at closing. Your information goes to me directly… I call leads, I never text, and I never sell your data.
Maine Commercial Real Estate Loans: FAQ
How fast can you close a Maine commercial real estate deal?
On a standard acquisition I deliver a term sheet in 3 to 5 days and close in 21 to 30. A bridge deal moves faster… a term sheet in 24 to 72 hours and a close in 15 to 30 days. If a bank just walked on you days before closing, I can place an emergency term sheet in 24 hours and close in under 15 days. The clock starts the moment your application reaches me, so the sooner I see the deal, the sooner the money moves. Speed is the entire point of my Maine commercial real estate loans. Arizona Time, 7 days a week.
How much can I borrow with Maine commercial real estate loans?
I arrange Maine commercial real estate loans from $150K to $100M. Smaller owner-user deals run through SBA 504 and 7(a), conventional acquisitions sit in the middle, and large institutional deals up to $100M go through my capital partners. On qualified $5M to $100M CRE, development, and construction deals I can reach up to 90% leverage.* Tell me the deal size and I will tell you the structure that fits.
What property types do you finance in Maine?
All of them. Multi-family apartments, warehouse and industrial, office buildings, office condos, retail and strip malls, flex buildings, construction and development, hospitality, and self storage. Maine multi-family loans are a big part of my volume given how tight the Portland rental market runs, but I place Maine commercial property loans across every major asset class in the state. Maine commercial property loans are not limited to the easy categories. If you are not sure where your deal fits, send it to me and I will point you to the right program. Maine commercial real estate loans, every asset class, one source.
Do you offer SBA 504 for owner-occupied CRE in Maine?
Yes, and it is one of my specialties. The SBA 504 is structured differently from a conventional bank loan: a bank first lien at about 50 percent, an SBA/CDC debenture portion at about 40 percent priced off the bond market, and your equity. That structure delivers the highest leverage and best long-term fixed rates available to an owner-user. If you occupy 51 percent or more of the building, your Maine deal likely qualifies. It is one of the strongest Maine commercial real estate loans for an owner-user. One call and I will tell you for sure.
Do you finance 1031 exchanges in Maine?
Yes. The hard part of a 1031 is the calendar… 45 days to identify and 180 days to close. A bank usually cannot move at that speed. I can. Once you have identified your replacement property, I close in 21 to 30 days, which keeps your exchange inside the deadline and your gains deferred. Bring me the timeline early and I will build the Maine commercial real estate loans financing around it.
Do you fund ground-up construction in Maine?
Yes. With Greater Portland short on housing and infill sites scarce, ground-up moves reward speed in Maine. I structure construction and development capital from $500K to $100M, with an LTV/LTC blend up to 90% on qualified large deals.* Term sheets run 5 to 10 days and closings 30 to 45 days. Bring me the pro forma, the budget, and the sponsor’s track record and I will tell you what I can do.
What loan-to-value ratios do you offer?
It depends on the asset and the deal. Stabilized commercial real estate typically runs 60 to 75% LTV. Owner-occupied bridge runs 60 to 75% LTV, interest-only, with an SBA or permanent takeout. On qualified $5M to $100M CRE, development, and construction deals I can reach up to 90% leverage*, measured as LTV on stabilized value or an LTV/LTC blend on ground-up. Send me the numbers and I will give you a straight answer on leverage. Leverage is deal-specific on Maine commercial real estate loans.
What documents do you need to issue a term sheet?
To move fast I need the basics up front: the purchase contract or current debt, a rent roll and trailing-12 operating statements for income property, your personal financial statement, and a quick note on the sponsor’s experience. For construction I add the budget, plans, and pro forma. You do not need a perfect package to start… send me what you have and I will tell you what is missing. The faster I see it, the faster the term sheet comes back. That is how I run every one of my Maine commercial real estate loans.
What does it cost to work with you?
I charge no fees to you, the borrower. I am compensated by the lender at closing. Some partner lenders may require a commitment fee or deposit when you accept a term sheet… that charge belongs to the lender, not to me, and it is always disclosed before you commit to anything. There are no upfront fees to me to get started. You send me the deal, I go to work, and the lender pays me when it closes.
Can I get a Maine commercial mortgage with less-than-perfect credit?
Often, yes. A bank leads with your credit score. I lead with the deal. For a Maine commercial mortgage on income property, DSCR programs qualify the property’s cash flow, not your W-2 or your FICO. For owner-occupied deals there is more flexibility than most banks admit. Bad credit does not automatically kill a strong deal in my world… it just changes which lender in my network I take it to. Send it over and let me look.
Which Maine markets do you serve, and do you do Portland commercial real estate loans?
All of Maine, and yes, Portland commercial real estate loans are the core of my business here. I fund deals in Portland, South Portland, Westbrook, Scarborough, Biddeford, Saco, Lewiston, Auburn, Brunswick, Bangor, and the coastal markets like Bar Harbor and Camden. I am a cross-state CRE specialist, so an out-of-state buyer chasing a Maine property is exactly the kind of deal I close all the time. Wherever the property sits in Maine, I can fund it.
Commercial Real Estate Loans by State
Find your program. Don’t Beg the Bank!
I arrange Maine commercial real estate loans from $150K to $100M, with a same-day callback from someone who has owned the businesses himself. Tell me what you are trying to do and I will tell you the fastest way to fund it. Don’t beg a bank that will keep you waiting… call me.
*I charge no fees to the borrower. I am compensated by the lender at closing. Some partner lenders may require a commitment fee or deposit when you accept a term sheet; that charge belongs to the lender, not to me, and is disclosed before you commit. Leverage up to 90% applies only to qualified $5M to $100M CRE, development, and construction deals, measured as LTV on stabilized value or an LTV/LTC blend on ground-up; terms run 12 to 60 months on large deals with closings in 15 to 30 days, and stabilized permanent financing runs 5 to 30 years. All figures are illustrative and subject to lender approval, underwriting, and property qualification. Maine commercial real estate loans are arranged by Kevin Kermeen, a nationwide commercial loan advisor.