Northeast · Massachusetts · First lien
Commercial real estate loans in Boston, MA.
First-position hard money and bridge loans on commercial and multifamily property in Boston, Massachusetts — typically $1M–$5M, larger considered. Reviewed and decided directly by the principals.
Market context
The Boston economy behind the collateral.
Boston's economy is built on higher education, biotechnology research clusters in Cambridge and the Longwood Medical Area, and a large financial and asset management sector.
Massachusetts is driven by higher education, biotechnology and life sciences research, and financial and technology services concentrated in the Boston metropolitan area. The state's port and healthcare institutions add further diversification to a knowledge-based economy.
Economic anchors
- Massachusetts General Hospital
- Logan International Airport
- Port of Boston
- Financial District institutions
Common financing situations include lab and office conversions and multifamily repositioning near dense employment and transit nodes.
By property type
Massachusetts loans by asset class.
We lend on the property types our team has owned and operated. Each page covers what we underwrite first and the situations we see most.
Loan uses
What Boston borrowers use us for.
- Acquisitions with a hard closing date
- Refinance of a maturing or defaulted loan
- Bridge to stabilization, sale or permanent debt
- Cash-out against existing equity
- Renovation, repositioning and value-add capital
- Partner buyouts and recapitalizations
- Discounted note payoffs and lender-driven deadlines
- Situations a bank or agency lender will not close in time
Selling a property in Boston? Stokley also buys commercial and multifamily real estate as a principal. Submit it for acquisition.
Hard money lending guidelines
Asset-based financing. We focus on the property's value and the owner's equity, not a credit score. Low credit does not rule out a request. Every deal is subject to underwriting.
- Annual rate
- From 11.5%
- Origination
- From 2% of the loan amount
- Term
- 6 to 12 months
- Payments
- Interest only
- Loan-to-value
- Up to 70%
- Lien position
- First position only
Third party closing costs are separate.
Every term sheet is different. Every deal goes through underwriting and has specific terms. These are guidelines, not a commitment to lend.
Request loan terms
Boston, MA loan request.
Questions
Boston, MA lending, answered.
- Does Stokley Capital provide loans in Boston, MA?
- Yes. We provide first-position, business-purpose loans on commercial and multifamily property in Boston, Massachusetts — typically $1M–$5M, with larger loans considered.
- Does Stokley buy property in Boston, MA?
- Yes. Stokley acquires commercial and multifamily real estate as a principal across asset classes. Submit any property for sale and we will review it.
- What kinds of Boston loan requests do you see?
- Common financing situations include lab and office conversions and multifamily repositioning near dense employment and transit nodes.
- What should a Boston loan request include?
- Property address and type, loan amount and purpose, current income and occupancy, existing debt, the business plan and the deadline. Rent rolls and operating statements help but are not needed for a first read.
- Do you lend in second position?
- No. Stokley Capital lends in first position only.
- Do you publish rates or leverage?
- Published lending guidelines are for general guidance only. Every deal goes through underwriting and has specific terms.
Nothing on this website is an offer to lend or a commitment of capital. All loans are subject to underwriting, due diligence, documentation and approval. Published lending guidelines are for general guidance only. Every deal goes through underwriting and has specific terms.
Other Massachusetts markets
Next step
Have a Boston property to finance?
Send the property, the amount and the deadline. A principal will respond directly.