Commercial Property Nonrecourse Lenders Help

[Tyler HOOD]

Hey guys, I am interested in trying to find a lender for a couple established commercial properties. We have owned the properties for the better part of 2 decades and I am trying pull some built up equity out and redeploy in a different area. The catch is, I am trying to do the deal in Nonrecourse or In Rem loans.

I have exhausted most of my normal banking contacts. They are mostly regional or statewide banks. They just don't touch nonrecourse at all. These are hospitality businesses that have very consistent revenue over the last decade and I am trying to get in the ballpark of 50% LTV.

Any ideas on lenders that might be interested?

Thanks!