Commercial Loan Maturing? Your 5-Step Owner Playbook
Commercial loan coming due? Don’t wait for the bank to tell you that you have a problem. Roughly $875 billion in commercial and multifamily mortgage debt is scheduled to mature in 2026. In this episode, I walk through five practical steps owners can take before a refinance becomes a crisis: 1. Get the numbers — calculate the refinance gap. 2. Stress-test the loan — see whether the property’s income can support today’s financing. 3. Shop — a refinance is a new loan, not an automatic renewal. 4. Improve — strengthen the income, occupancy, expenses, delinquencies and records lenders actually underwrite. 5. Negotiate — compare refinancing, extensions, amendments, paydowns, new equity, restructuring or sale. I also explain NOI, DSCR and the refinance gap in plain English. The key lesson: The maturity date is not the problem. Discovering the refinance gap too late is the problem. I’m Sonny Saggar, MD, Professional Problem Solver. Bring me the difficult problem. newphysician.org
Episode notes
Commercial loan coming due? Don’t wait for the bank to tell you that you have a problem. Roughly $875 billion in commercial and multifamily mortgage debt is scheduled to mature in 2026. In this episode, I walk through five practical steps owners can take before a refinance becomes a crisis: 1. Get the numbers — calculate the refinance gap. 2. Stress-test the loan — see whether the property’s income can support today’s financing. 3. Shop — a refinance is a new loan, not an automatic renewal. 4. Improve — strengthen the income, occupancy, expenses, delinquencies and records lenders actually underwrite. 5. Negotiate — compare refinancing, extensions, amendments, paydowns, new equity, restructuring or sale. I also explain NOI, DSCR and the refinance gap in plain English. The key lesson: The maturity date is not the problem. Discovering the refinance gap too late is the problem. I’m Sonny Saggar, MD, Professional Problem Solver. Bring me the difficult problem. newphysician.org