I am 8 months new to Commercial Finance and recently was handed a file to facilitate the refinance of a 1st Trust Deed Mortgage on two separate Movie Theaters. One theater is on a ground lease and the other is standard. The income and cashflow are incredible with LTV's around 50%. However, I have been unable to find a lender who will do this type of single purpose financing, and wanted to know if anyone could recommend a lender that is not a hard money lender. I was looking to get a Ten-year Constant Maturity Treasury plus 1 or 2% Fixed at the time of funding and 25-Year fully amortized maturing in ten years, with monthly payments of principle and interest.

Thank you so much for the help!!!

Try an SBA lender. If there is no cash-out involved, they might consider it. Otherwise the borrower's bank might be the best option. If the relationship has been long and strong, their bank might consider the loan. Good luck!