Get a Commercial Mortgage
for an Office Building
Commercial office buildings are are high, mid or low-rise properties zoned for general business use (typically for white-collar jobs). As an asset class, office buildings account for roughly 20% of the total commercial real estate market.
Commercial office buildings are classified in three different ‘classes’ – Class A, B, or C – depending on their amenities, aesthetics, and general infrastructure. Real estate brokers and lenders use these classes to prepare market data and justify the prices of spaces within office buildings. (Class A buildings are the highest quality, and Class C the lowest.)
Office building loans may also be affected by whether the office property is located in the central business district of a city, or is located in a suburban area.