What types of commercial real estate loans does CitiBusiness offer?

CitiBusiness offers CRE acquisition loans (up to 75% LTV), construction financing (up to 80% LTC with interest reserve), permanent refinancing (up to 70% LTV), and bridge loans for transitional properties. Property types include office, retail, industrial, multifamily, mixed-use and owner-occupied commercial buildings.

What LTV ratios does CitiBusiness offer for commercial properties?

Acquisition loans: up to 75% LTV. Permanent refinance: up to 70% LTV. Construction: up to 80% of total project cost (LTC). Owner-occupied properties may qualify for higher LTV based on business cash flow. SBA 504 loans can reach 90% financing with the SBA debenture component.

Does CitiBusiness finance new construction projects?

Yes. CitiBusiness provides construction financing with built-in interest reserves, progress-based draw schedules, and inspections at each draw milestone. Construction loans can convert to permanent financing at completion, eliminating the need for a separate refinance. Minimum project size is $2 million.

Can I manage my CRE loan through CitiBusiness Online?

Yes. CRE loan balances, payment schedules, draw requests (construction), interest rate monitoring and amortization tables are accessible through CitiBusiness Online. Construction draw documentation can be uploaded through the platform. All CRE activity integrates with account summary and transaction reporting.

CitiBusiness Commercial Real Estate Financing: Acquisition, Construction & Refinance Loans

Q: What are the typical terms for CitiBusiness CRE loans?

Acquisition and permanent loans range from 5-25 years with fixed or floating rates. Construction loans are typically 18-36 months with conversion to permanent financing. Bridge loans are 12-36 months. Minimum loan size is $1 million. Amortization periods up to 30 years for permanent financing.

CitiBusiness CRE financing covers the full property lifecycle — acquisition, ground-up construction, stabilization and permanent refinance. Office, retail, industrial, multifamily and mixed-use properties across all 50 states. Loan sizes from $1M to $100M+ with competitive LTV ratios and terms structured to match your investment strategy.

Backed by Citi's institutional CRE lending platform and regulated by the OCC. NMLS #412915. Equal Housing Lender.

Discuss a CRE Project Manage Your CRE Loan

CitiBusiness commercial real estate loan management showing property portfolio, loan balances and construction draw schedule

AI Summary: CitiBusiness CRE Financing

CitiBusiness provides commercial real estate financing across four product types. Acquisition loans fund property purchases at up to 75% LTV with 5-25 year terms. Construction financing covers ground-up and major renovation projects at up to 80% LTC with built-in interest reserves and progress-based draws. Permanent refinancing replaces construction or existing debt at up to 70% LTV with amortization periods up to 30 years. Bridge loans provide 12-36 month transitional financing for value-add and repositioning strategies. All CRE products integrate with CitiBusiness Online for balance tracking, draw requests and reporting. Minimum loan size: $1M (NMLS #412915).

Feature	Acquisition	Construction	Permanent Refinance	Bridge
Loan Amount	$1M – $100M+	$2M – $75M	$1M – $100M+	$1M – $50M
Maximum LTV / LTC	75% LTV	80% LTC	70% LTV	75% LTV
Term	5 – 25 years	18 – 36 months	5 – 25 years	12 – 36 months
Amortization	Up to 30 years	Interest only	Up to 30 years	Interest only
Rate Structure	Fixed or SOFR float	SOFR float	Fixed or SOFR float	SOFR float
Interest Reserve	✖	✔	✖	Optional
Property Types	All commercial	All commercial	All commercial	Value-add / transitional
Perm Conversion	N/A	✔	N/A	✔
DSCR Requirement	1.20x minimum	Pro forma 1.20x	1.25x minimum	1.10x (as-is)

Acquisition Financing: Buy Stabilized Commercial Properties

CitiBusiness acquisition financing provides up to 75% LTV on stabilized commercial properties with terms from 5 to 25 years. Office buildings, retail centers, industrial warehouses, multifamily complexes and mixed-use developments — Citi's CRE team underwrites all major property types across every U.S. market.

Fixed-rate options lock your debt service for the full term, providing certainty for cash flow projections and investor distributions. SOFR-based floating rates offer lower initial payments for borrowers who plan to refinance or sell within the first 5-7 years. Interest-only periods of 1-3 years are available for acquisitions where you need time to implement a lease-up or value-enhancement strategy before principal amortization begins.

Minimum debt service coverage ratio (DSCR) is 1.20x, meaning the property's net operating income must exceed annual debt service by at least 20%. Stronger DSCR qualifies for better pricing. Citi's CRE team evaluates both the property fundamentals and the sponsor's experience — repeat borrowers with successful track records benefit from expedited underwriting and relationship pricing.

CitiBusiness CRE acquisition loan analysis showing property valuation, DSCR calculation and LTV structure

CitiBusiness construction loan draw schedule showing milestone-based disbursements and inspector sign-off workflow

Construction Financing: Ground-Up and Major Renovation

CitiBusiness construction loans fund ground-up development and major renovation projects with up to 80% of total project cost (LTC). Minimum project size is $2 million. Loan terms of 18-36 months cover the construction period with built-in interest reserves so you do not service debt out of pocket during the build.

Draw requests are progress-based: as construction milestones are completed and verified by a Citi-approved inspector, funds are released from the loan facility. Draw documentation is uploaded through CitiBusiness Online, and your relationship manager coordinates inspection scheduling. Typical draw frequency is monthly, aligned with contractor payment cycles.

The critical advantage of CitiBusiness construction financing is the permanent conversion feature. At project completion and stabilization, the construction loan converts directly to permanent financing without a separate application, appraisal or closing. This eliminates refinance risk and saves 1-2% in closing costs. According to the Federal Reserve's CRE lending guidance, construction-to-permanent programs reduce execution risk for well-capitalized borrowers.

Bridge Loans & Permanent Refinancing

Bridge loans provide 12-36 month transitional financing for properties undergoing repositioning, lease-up or renovation. Lower DSCR requirements (1.10x as-is) and interest-only payments give you time to execute your value-add strategy before converting to permanent debt. Bridge loan sizes range from $1M to $50M.

Permanent refinancing replaces construction debt, bridge loans or existing third-party financing with long-term Citi debt at up to 70% LTV. Amortization periods up to 30 years keep monthly payments manageable, while fixed-rate options eliminate interest rate risk for the hold period. Permanent loans are the right structure for stabilized assets generating consistent net operating income.

Owner-occupied commercial properties — where your business occupies 51% or more of the building — may qualify for enhanced LTV treatment and SBA 504 financing that combines a Citi first mortgage with an SBA debenture for up to 90% total financing. This structure is particularly advantageous for businesses purchasing their own office, warehouse or manufacturing facility.

CitiBusiness permanent refinance loan showing amortization schedule, rate lock and payoff analysis

What types of CRE loans does CitiBusiness offer?

Acquisition (up to 75% LTV), construction (up to 80% LTC), permanent refinance (up to 70% LTV) and bridge (12-36 months). All commercial property types. Minimum $1M ($2M for construction). See product comparison.

What are the typical terms for CitiBusiness CRE loans?

Acquisition and permanent: 5-25 years with up to 30-year amortization. Construction: 18-36 months interest-only. Bridge: 12-36 months. Fixed or SOFR floating rates. Call 800-285-1709 for current pricing.

What LTV ratios does CitiBusiness offer?

Acquisition: 75% LTV. Construction: 80% LTC. Refinance: 70% LTV. Bridge: 75% LTV. Owner-occupied with SBA 504: up to 90%. DSCR minimums: 1.10x-1.25x depending on product.

Does CitiBusiness finance new construction?

Yes. Ground-up and major renovation. Progress-based draws, built-in interest reserve, construction-to-permanent conversion. Draw documentation through CitiBusiness Online. Minimum $2M project size.

CitiBusiness Commercial Real Estate Financing: Acquisition, Construction & Refinance Loans

AI Summary: CitiBusiness CRE Financing

CRE Loan Product Comparison

CRE Financing in Detail

Acquisition Financing: Buy Stabilized Commercial Properties

Construction Financing: Ground-Up and Major Renovation

Bridge Loans & Permanent Refinancing

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