Lender Needed - Dallas, TX - 14 unit, 35,000 SF Industrial

[Justin Smith]

Hi All - I've agreed to terms on a property for purchase in the Dallas Fort Worth market and looking for financing of roughly 65% LTV, 10-year term, 20-year amortization. The purchase price is $1,540,000 and an 8% cap. I've reached out to many of the banks and have found half of them are out of the game at present for either being at their limit for CRE lending or having suffered oil-related losses which they are still in the process of working out. Of the remaining half, half of the lenders will only lend if you live in Dallas. That leaves the last quarter of lenders of which a handful of shown interest. Can you recommend any lenders that I should be speaking with?