Southwest · New Mexico · Office · First lien
Office hard money loans in Las Cruces, NM.
First-position office loans in Las Cruces, New Mexico (NM) — typically $1M–$5M, larger considered — for acquisitions, maturities, bridge and value-add plans. Reviewed and decided directly by the principals.
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.
Las Cruces market context
The Las Cruces economy behind the collateral.
Las Cruces benefits from proximity to White Sands Missile Range and Fort Bliss, alongside New Mexico State University and regional agricultural production.
Stokley Capital evaluates requests for commercial and multifamily assets tied to the university and defense-adjacent workforce base.
Economic anchors
- White Sands Missile Range
- New Mexico State University
- Fort Bliss proximity
Office 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
Office loans we see in Las Cruces.
- 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 in New Mexico? Stokley also buys 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
Las Cruces, NM office loan request.
Questions
Las Cruces, NM office loans, answered.
- Does Stokley Capital make office loans in Las Cruces, NM?
- Yes. We make first-position office hard money and bridge loans in Las Cruces, New Mexico (NM), typically $1M–$5M, with larger loans considered.
- What drives the Las Cruces market?
- Las Cruces benefits from proximity to White Sands Missile Range and Fort Bliss, alongside New Mexico State University and regional agricultural production.
- What should a Las Cruces office loan request include?
- Property address, 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.
- Are you a broker?
- No. Stokley Capital is a private real estate owner-operator that provides business-purpose loans. Decisions are made by the principals.
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
Financing office in Las Cruces?
Send the property, amount and deadline. A principal will respond directly.