Midwest · Minnesota · Retail · First lien
Retail hard money loans in Saint Paul, MN.
First-position retail loans in Saint Paul, Minnesota (MN) — 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
Retail Real Estate 2026: Vacancy, Rents
A structured view of the developments shaping U.S. shopping centers and neighborhood retail—and the situations those developments may create for owners, lenders and investors.
Saint Paul market context
The Saint Paul economy behind the collateral.
Saint Paul functions as Minnesota's state capital and a rail and logistics hub, with a mix of government, healthcare, and manufacturing employment.
Financing requests often relate to industrial repositioning near rail infrastructure and redevelopment of downtown commercial buildings.
Economic anchors
- Minnesota State Capitol
- 3M headquarters area
- Union Depot rail and transit hub
Retail underwriting
What we look at first.
- Rent roll, lease terms and near-term rollover
- Anchor and co-tenancy provisions
- Tenant sales, occupancy cost and credit
- Traffic, visibility and trade-area demographics
- Re-leasing cost: TI, commissions and downtime
Situations
Retail loans we see in Saint Paul.
- Anchor vacancy or dark-store situations
- Re-tenanting and repositioning plans
- Maturities on centers with near-term lease rollover
- Acquisitions of centers priced below replacement cost
Selling a retail property in Minnesota? 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
Saint Paul, MN retail loan request.
Questions
Saint Paul, MN retail loans, answered.
- Does Stokley Capital make retail loans in Saint Paul, MN?
- Yes. We make first-position retail hard money and bridge loans in Saint Paul, Minnesota (MN), typically $1M–$5M, with larger loans considered.
- What drives the Saint Paul market?
- Saint Paul functions as Minnesota's state capital and a rail and logistics hub, with a mix of government, healthcare, and manufacturing employment.
- What should a Saint Paul retail 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 retail in Saint Paul?
Send the property, amount and deadline. A principal will respond directly.