For almost thirty years, Hingham Institution for Savings has specialized in commercial real estate lending.
Our conservative balance sheet and our financial strength have enabled us to continue lending this year to strong borrowers. We have not been meaningfully impacted by COVID-19 and we continue to build relationships with new customers.
Following is a brief summary of our commercial real estate lending program:
General Terms: Competitive pricing, 35-year amortization
Structure: 5/7/10 Year Initial Fixed Period, Up to 20YR Term with Adjustments
Cost: No application fees, no origination fees/points on term loans
Product Types: Multifamily, Apartment, Retail, Office, Hospitality, Industrial
Loan Type: Term, Construction, Redevelopment, Special Situation
Loan and Relationship Size: Up to $65 million
Lending Region: Massachusetts, Washington DC/Northern Virginia, San Francisco Bay Area
As you look to acquire new buildings or restructure existing debt, please keep us in mind.