Advice on refinancing, starting a reit or another structure?

[Candace Price]

Hi, need advice from fellow members.

We have multiple commercial properties in the excess of $35mm range. They are spread out with multiple banks and rates are between 5% to 8%

As were continuing to grow, we’re thinking what would be a next best solution for us to keep growing and continuing to get financing. As small institutional banks are getting very tight.

I've read about possibly forming a REIT with 100+ shareholders and also about combining all the properties together and get a mortgage on them from a insurance companies at much lower rate.

Or if there’s any other better way someone can recommend?