Banks and credit unions still write the Arizona relationship loan: recourse that is actually discussed, deposits that may matter, and structures that do not have to survive a rating agency. Capital Market Funds originates these requests across local, regional, and national institutions, including credit unions. We are not the bank.
A bank hold fits owner-users, smaller commercial assets, and sponsors who will trade a covenant for a lender they can reach. It is the wrong recommendation when the file is clean multifamily that belongs at Fannie Mae or Freddie Mac, or core cash flow that a life company will lock at application. We shop the stack and say which box is cleaner.
The published bank origination on the transactions list is a Midwest office acquisition, not an Arizona loan, so it is not displayed here as Arizona proof. Arizona cards that do not name a capital source are not assumed to be bank debt.
When a bank is not the best hold
- Life company
Permanent debt for core cash flow. Rate lock is typically at application.
- CMBS
Conduit or single-asset when life company or bank credit will not stretch.
- Fannie Mae
Stabilized Arizona multifamily. Originated to Fannie Mae. Not a DUS lender.
- Permanent
Stabilized senior debt once the asset is a cash-flowing story.