Massachusetts Commercial Real Estate Loans
Massachusetts Commercial Real Estate Loans$150K to $100M
I arrange Massachusetts commercial real estate loans for investors, sponsors, and developers, from a single Worcester strip center to a $100M lab-to-multifamily conversion in the Seaport. Massachusetts is one of the highest entry-cost CRE markets in the country, so the deal goes to whoever can actually fund it. If you are searching for Boston 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 Massachusetts commercial real estate loans when the bank will not.
If you are comparing Massachusetts commercial real estate loans, start here. I arrange Massachusetts commercial real estate loans for purchase, refinance, construction, and bridge across all 50 states, with the Boston metro at the center of my New England volume. The short version on Massachusetts commercial real estate loans: they should move at the speed of the deal, and in a high-cost market like this one, most banks simply cannot. I can.
The Property Types I Finance in Massachusetts
Whatever you are buying, building, or refinancing, I have a lender for it. Massachusetts 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 Massachusetts commercial real estate loans behind it follow.
Multi-Family Apartment
Greater Boston is one of the tightest, highest-rent apartment markets in the nation, and Worcester and the Gateway Cities are absorbing the overflow. I fund Massachusetts multi-family loans on acquisition, refinance, and value-add from Cambridge triple-deckers to 300-unit suburban complexes.
View multi-family loans →Warehouse and Industrial
I-495 logistics, the Worcester rail corridor, and last-mile demand around Boston keep Massachusetts industrial occupancy high. I finance distribution, cold storage, and flex-industrial, some of the steadiest Massachusetts commercial real estate loans on my desk.
View warehouse and industrial loans →Office Building
Boston office is repricing hard, and that is where opportunity lives for buyers with capital. I underwrite Massachusetts office acquisitions and refinances on the tenant and the basis, not the old peak, the way solid Massachusetts commercial real estate loans should be written.
View office building loans →Office Condo
For Massachusetts medical 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 the state, and among the most popular Massachusetts commercial real estate loans I arrange.
View office condo loans →Retail and Strip Mall
Population is shifting toward Worcester, the South Coast, and the I-495 belt, and the retail follows the rooftops. I finance neighborhood centers and pad sites where the demographics are moving toward you, not away.
View retail and strip mall loans →Flex Building
Flex space fits Massachusetts perfectly, where biotech overflow, lab research, and light manufacturing all need lab-adjacent and contractor space. I fund multi-tenant and owner-user flex across Waltham, Framingham, and the suburban tech belt.
View flex building loans →Construction / Development
Massachusetts is land-constrained and entitlement-heavy, so when a project pencils, it has to move. I structure construction and development capital with an LTV/LTC blend up to 90% on qualified large deals,* including office-to-lab and lab-to-residential conversions.
View construction and development loans →Self Storage
Dense Massachusetts housing and small units 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 dependable Massachusetts commercial real estate loans I place.
View self storage financing →Massachusetts Commercial Real Estate Loans: Programs and Speed
Every Massachusetts 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 Massachusetts 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 Massachusetts 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.
Massachusetts Commercial Real Estate by the Numbers
I underwrite Massachusetts 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, why Massachusetts commercial property loans keep performing, and why Massachusetts commercial real estate loans stay in demand here.
Massachusetts residents
The state hit 7,136,171 people as of July 2024, its largest one-year gain in six decades… renters and buyers who all need space.
Source: U.S. Census Bureau (2024)Median household income
Among the highest in the nation, the income base behind Massachusetts retail, multi-family, and owner-user demand runs deep.
Source: U.S. Census Bureau ACS (2024)Boston metro jobs
Boston-Cambridge-Newton nonfarm payrolls stood at 2,794,300 in June 2025, led by education, health services, and professional services… the tenants filling commercial space.
Source: U.S. Bureau of Labor Statistics (2025)Housing units statewide
With 3,030,406 units and persistent shortage, Massachusetts multi-family loans sit on some of the most durable rent fundamentals in the country.
Source: U.S. Census Bureau ACS (2024)Net international migration
Massachusetts drew 90,217 international migrants in 2024, concentrated in Boston, Cambridge, and the Gateway Cities… steady, deep rental demand under your asset.
Source: UMass Donahue Institute (2024)How Massachusetts Investors Use Massachusetts Commercial Real Estate Loans
Demand is one thing. Turning it into a closed deal is another. Here is how the Massachusetts commercial real estate loans I arrange actually get put to work, lane by lane. Whatever the asset, Massachusetts commercial real estate loans win on speed and structure, and that is what I bring to every file. Below is how Massachusetts commercial real estate loans break down by what you are actually trying to fund.
Massachusetts Multi-Family Loans
Massachusetts multi-family loans are the busiest lane on my desk, and it is no accident. Greater Boston is one of the most supply-constrained, highest-rent apartment markets in the country, and Worcester, Lowell, and the South Coast are absorbing the renters priced out of the core. I place Massachusetts multi-family loans on purchase, refinance, and value-add. Massachusetts multi-family loans run from a Cambridge triple-decker to a 300-unit suburban complex on Route 128. The same playbook behind my $43M and $4.2M apartment closings drives these Massachusetts commercial real estate loans for you.
The Massachusetts Commercial Mortgage Options I Place
A Massachusetts commercial mortgage is not one product, it is a menu. I match each Massachusetts 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 bank tries to force your deal into one box, I shop your Massachusetts commercial mortgage across a 75+ lender network until I find the structure that fits, the same way I shop every one of my Massachusetts commercial real estate loans.
Massachusetts Commercial Property Loans Across Every Asset Class
I write Massachusetts commercial property loans on retail, office, industrial, flex, self storage, and mixed-use, not just the easy categories. Massachusetts commercial property loans are not limited to the lanes a bank finds simple. Massachusetts 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. In a market this expensive, Massachusetts commercial property loans depend on a tight timeline and a sharp basis, and that experience is the difference between a funded deal and a dead one.
Boston Commercial Real Estate Loans and the Metro Market
Boston commercial real estate loans dominate my New England volume, and the metro earns it. Kendall Square biotech, the Seaport, the Longwood medical cluster, and the Route 128 tech belt all pull capital into Greater Boston, even as office and lab reprice. I treat Boston commercial real estate loans as my home court for the region, with the lender relationships and the market read to fund Massachusetts 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 Massachusetts commercial real estate loans I place, at both ends of the size scale. The system behind these closings is the same one behind your Massachusetts commercial real estate loans.
$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 Massachusetts Bank vs. Me
A bank works for the bank. I work for your closing. Here is what that difference looks like on real Massachusetts commercial real estate loans, scenario by scenario. The pattern repeats on most Massachusetts 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 |
| DSCR property with no W-2 income | Declined for “lack of personal income” | I have DSCR programs that qualify the property, not your W-2 |
Why Work With Me Instead of a Massachusetts 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 Massachusetts 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 Massachusetts 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 Massachusetts 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 Massachusetts 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 Massachusetts 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 Massachusetts Deals on My Desk
Three engines fill my Massachusetts pipeline. Life sciences and biotech, centered on Kendall Square in Cambridge and the Seaport, pull lab, flex, and conversion deals with them even as the sector reprices. Healthcare keeps expanding around the Longwood medical cluster and the suburban hospital systems, driving medical office and surgical-center demand. And professional services, the finance, legal, and consulting base that fills Boston towers, anchors the office story. When those tenants need space, the property behind them needs Massachusetts commercial real estate loans, and that is where I come in. Three growth engines, one source for the Massachusetts commercial real estate loans behind them.
Massachusetts Commercial Real Estate Across the Map
My desk covers the whole state, and I place Massachusetts commercial real estate loans in every corner of it. Boston commercial real estate loans are the core of what I do, anchored by Kendall Square biotech, the Seaport, and one of the deepest, most supply-constrained multi-family markets in the country. Cambridge drives the lab and tech story, Worcester and the Gateway Cities of Lowell, Lawrence, and New Bedford carry the value-add and workforce-housing volume, and Waltham and Framingham hold the suburban research and lab belt. Wherever the deal sits, I can fund it with the right Massachusetts commercial real estate loans for that market.
Authority on Massachusetts 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 Massachusetts commercial real estate loans, and the same sources I lean on for every Massachusetts commercial real estate loans file. You should use them 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 →Massachusetts Authority
The Massachusetts Executive Office of Economic Development, the state body driving business growth, investment, and development across the Commonwealth.
MA Economic Development →Send Me Your Massachusetts Deal
Tell me what you are working on. I review every one of my Massachusetts 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.
Massachusetts Commercial Real Estate Loans: FAQ
How fast can you close a Massachusetts 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 Massachusetts commercial real estate loans. Arizona Time, 7 days a week.
How much can I borrow with Massachusetts commercial real estate loans?
I arrange Massachusetts 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.* In a high-cost market like Massachusetts that range matters, so tell me the deal size and I will tell you the structure that fits.
What property types do you finance in Massachusetts?
All of them. Multi-family apartments, warehouse and industrial, office buildings, office condos, retail and strip malls, flex buildings, construction and development, and self storage. Massachusetts multi-family loans are a big part of my volume given how tight the Greater Boston apartment market runs, but I place Massachusetts commercial property loans across every major asset class in the state. If you are not sure where your deal fits, send it to me and I will point you to the right program. Massachusetts commercial real estate loans, every asset class, one source.
Do you offer SBA 504 for owner-occupied CRE in Massachusetts?
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 Massachusetts deal likely qualifies. It is one of the strongest Massachusetts commercial real estate loans for an owner-user. One call and I will tell you for sure.
Do you finance 1031 exchanges in Massachusetts?
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 Massachusetts commercial real estate loans financing around it.
Do you fund ground-up construction in Massachusetts?
Yes. Massachusetts is land-constrained and entitlement-heavy, so when a project finally pencils it has to move fast. I structure construction and development capital from $500K to $100M, with an LTV/LTC blend up to 90% on qualified large deals,* including office-to-lab and lab-to-residential conversions. 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 Massachusetts 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 Massachusetts 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 Massachusetts commercial mortgage with less-than-perfect credit?
Often, yes. A bank leads with your credit score. I lead with the deal. For a Massachusetts 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 Massachusetts markets do you serve, and do you do Boston commercial real estate loans?
All of Massachusetts, and yes, Boston commercial real estate loans are the core of my business in New England. I fund deals in Boston, Cambridge, Worcester, Springfield, Lowell, Quincy, Newton, Somerville, Framingham, Waltham, and the Gateway Cities like Lawrence and New Bedford. I am a cross-state CRE specialist, so an out-of-state buyer chasing a Massachusetts property is exactly the kind of deal I close all the time. Wherever the property sits in Massachusetts, I can fund it.
Commercial Real Estate Loans by State
Find your program. Don’t Beg the Bank!
I arrange Massachusetts 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. Massachusetts commercial real estate loans are arranged by Kevin Kermeen, a nationwide commercial loan advisor.