Office · First lien · Nationwide
Office hard money & bridge loans.
Suburban and urban office, medical office and flex. Conventional office lending has largely retreated; we still lend where basis and a leasing plan are credible.
Stokley Intelligence · Updated September 2026
Office Market 2026: Vacancy & Distress
A structured view of the developments shaping the U.S. office market—and the situations those developments may create for owners, lenders and investors.
Underwriting
What we look at first.
- In-place tenancy, WALT and rollover schedule
- Basis relative to replacement cost and recent trades
- Leasing costs and the realistic absorption timeline
- Building systems, amenities and competitive position
- Alternative-use or conversion potential
Situations
Where we're most useful.
- Loans maturing into a market where banks will not refinance
- Discounted acquisitions that need to close quickly
- Lease-up capital after a major tenant departure
- Medical office and owner-user transactions
Selling a office property? Stokley also buys real estate as a principal. Submit it for acquisition.
Hard money lending guidelines
- 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.
By state
Office loans by state.
State pages combine local economic context with how we approach office loans there.
Southwest
Northeast
Request loan terms
Office loan request.
Questions
Office loans, answered.
- Do you provide office hard money loans nationwide?
- Yes. Stokley Capital provides first-position, business-purpose office loans nationwide, subject to state requirements.
- What size office loans do you make?
- Typically $1M–$5M. Larger loans are considered.
- What do you look at first on a office loan?
- In-place tenancy, WALT and rollover schedule; Basis relative to replacement cost and recent trades; Leasing costs and the realistic absorption timeline.
- Do you take second position?
- No. Every loan is a first lien on the property.
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.
Next step
Have a office loan request?
Send the property, amount and deadline. A principal will respond directly.