Reference
SBA 504 in Arizona, a one-page structure
Who makes a 504 loan, how the project is usually split, and what the debenture prepayment is. Capital Market Funds arranges; it is not the CDC.
Insights
Readings of public market data, dated and sourced
Notes are dated and sourced. If we cannot cite MBA, FHFA, CBRE, or another public series, we do not publish a take.
Reference
Types of Arizona bridge lenders
How bank bridge, debt funds, life-company transitional loans, and private credit differ. No ranking and no list of firm names.
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Arizona CRE lending update, early Q4 2026
Dated public facts as of October 1, 2026: Treasury yields, 30-day Average SOFR, bank prime, and earlier MBA and CBRE prints. Not a rate forecast.
Reference
What Arizona CRE lenders usually require for insurance
Property, liability, loss of rents, flood, and Arizona weather risks as lender conditions. Not an insurance quote. Capital Market Funds is not an insurance producer.
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Arizona CRE lender types compared
A structural table of LTV, DSCR, amortization, recourse, and rough closing time. No interest rates and no ranking.
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Arizona commercial loans coming due in 2026
MBA's February 9, 2026 maturity survey, and what an Arizona owner should do with a national number. No Capital Market Funds volume claim.
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When an Arizona commercial balloon payment is due
A balloon is the unpaid principal at the end of the term. This note covers a new loan or a payoff. It is not a workout and not legal advice.
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Recourse and non-recourse commercial loans in Arizona
What recourse means, why non-recourse still has carve-outs, and what A.R.S. 33-814 says about a deficiency. Not legal advice.
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What a mini-perm loan is
A short loan after construction, before a long permanent mortgage. How it differs from bridge and from HUD 221(d)(4). No rates.
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Assumable commercial mortgages
A buyer takes the existing commercial loan only if the documents allow it and the lender or servicer approves. Never guaranteed.
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What is a good DSCR for commercial real estate?
DSCR is income divided by the annual payment. A published program floor is not an approval, and this page does not set one.
Reference
Fannie Mae and Freddie Mac multifamily, side by side
How Fannie Mae's DUS lenders and Freddie Mac's Optigo lenders execute multifamily loans. Capital Market Funds arranges. It is neither lender.
Reference
SBA 504 and a conventional loan, for owner-user property
A 504 project is a senior lender plus a CDC. A conventional loan is one lender. Both are for commercial owner-users. No tax advice and no rates.
Reference
How to read a commercial loan term sheet
A commercial term sheet or letter of intent is not binding until the lender issues a written commitment. What DSCR, LTV, prepay, recourse, and reserves mean. Not legal advice.
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Bank and private lenders in Arizona, side by side
How Arizona bank commercial loans and private or bridge loans differ on speed, recourse, covenants, and transitional income. No ranking and no rates.
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DSCR loans and conventional investment loans
Rent-based DSCR financing versus a conventional investment-property loan for one to four units the investor does not occupy. No rates and no consumer home-loan pitch.
Reference
Debt yield and DSCR, and why both exist
Debt yield divides income by the loan amount. DSCR divides income by the payment. Conceptual examples only. No cutoff and no rate.
Reference
Commercial mortgage broker and the lender of record
Who arranges a commercial mortgage and who signs the note. Capital Market Funds arranges financing. It is not the bank, the life company, or the private lender.
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A commercial loan document checklist
Rent roll, trailing income, entity papers, and environmental items lenders often ask for. The real list varies. Not legal advice.
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Fixed and floating commercial rate locks
What a fixed lock and a floating index-plus-margin structure mean on a commercial mortgage. Conceptual only. No rate quote and no forecast.
Reference
Mezzanine debt and preferred equity
Mezzanine debt is a loan behind the first mortgage. Preferred equity is an ownership stake. Capital Market Funds arranges mezzanine and private debt, not a securities offering.
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Credit scores on a commercial real estate loan
How personal and business credit sit beside income, leverage, and experience on a commercial or investor file. No minimum score and no approval promise.
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Commercial mortgage glossary
Plain-language definitions for the terms used on this site.
Arizona water supply and what commercial lenders ask on a ground-up deal
The 100-year assured water supply, the 2023 Phoenix AMA groundwater findings, and a 2026 court ruling change the questions on an Arizona construction file. Not a permit and not legal advice.
Read noteArizona construction draw checklist: notices, date-downs, and lien waivers
What lenders ask for on an Arizona construction draw, starting with the 20-day preliminary notice. This is a checklist, not legal advice.
Read noteSBA 7(a) and 504 in Arizona: one guaranteed lender versus a CDC debenture
How Arizona owner-users actually split 7(a) and 504: one SBA-guaranteed lender, or a bank first lien plus a CDC debenture. No rates.
Read noteMBA: commercial and multifamily originations rose 16% in Q2 2026
Borrowing is up. The mix of capital still decides whether a given Arizona file actually closes.
Read noteAgency caps are not the constraint. Source selection is.
FHFA set $176 billion of combined 2026 Fannie and Freddie multifamily purchase caps. MBA’s Q2 print still showed GSE originations down year over year.
Read note