Commercial Loan Rates Discrepancy

[Prithvi Sri]

I am looking into financing an assisted living facility property with 30% down and my personal guarantee - the loan value is less than my networth. Based on the info, a couple of brokers offered rates of around 4.2%. I was comparing this with the loan rate of 2.5% one of the builders got on a mixed use real estate development - almost ten times bigger size than my deal. In my eyes, loan to me seems a lot more secure compared to the loan to the mixed use developer but why is he getting such an amazing rate while I am paying almost twice as much. Am I not looking hard enough?