Investment Grade Capital Markets Rate Report
Rates current as of: March 24, 2026
| Loan Program Type | Rate Range |
|---|---|
| CMBS | 6.35% to 7.10% |
| Debt Funds | 6.00% to 12.50% |
| Fannie Mae | 5.40% to 6.00% |
| Freddie Mac Optigo | 5.75% to 7.25% |
| HUD 221(d)(4) | 5.50% to 6.25% |
| HUD 223(f) | 5.25% to 6.75% |
| Life Insurance Companies | 5.50% to 7.25% |
| Regional Banks / Credit Unions | 5.50% to 8.00% |
Source: The rate ranges shown here are compiled by Investment Grade from multiple public commercial lending and market-data sources and are updated periodically to reflect current market conditions.
Disclaimer: These figures are indicative ranges for quality transactions, not guaranteed pricing for any specific deal. Final loan terms depend on property type, location, borrower profile, leverage, recourse, debt yield, occupancy, lease structure, and lender appetite at the time of application.
Commercial Asset Classes We Fund
Refinance rate and term or cash out refinance, acquisition loans. Investment Grade works with nearly one thousand lenders and ten thousand programs to ensure you get the best rates, terms, and covenants for your commercial real estate property.
NNN
Single tenant net lease funding for all major investment grade and non-investment grade tenants and franchisees. From retail to QSR to automotive to banks to pharmacies.
Multifamily
Loans for all apartment building types, from co-op to condo to garden to mid-rise to townhomes. Including mixed use, active adult, student housing, affordable and workforce housing, build to rent.
Industrial
Funding flex space and R&D to manufacturing heavy industrial to warehouse bulk district and cold storage. Also structuring sale-leasebacks for select industrial NNN tenants.
Healthcare
Loans for specialty care, urgent care, ambulatory surgery centers, dialysis clinics, dental clinics, medical offices, assisted living, inpatient facilities, outpatient facilities, skilled nursing, and memory care. Also structuring sale-leasebacks and build-to-suit expansion for select healthcare NNN tenants.
Hospitality
Refinance, cash out, and acquisition loans for flagged and unflagged conversions, full service, limited service, suite extended stays. Micro resorts, campgrounds, and Investment Grade STR.
Special Use
Financing and refinancing automotive NNN, auto body/service and repair, auto dealerships, car washes, gas stations, convenience stores, day care facilities, restaurants, single family home portfolios.
Get a Custom Rate Quote
Every property, every borrower has different needs and every bank, credit union, life company, debt fund, agency, and private lender has different targets. Investment Grade Capital assists all CRE borrowers from small balance commercial ($1M to $10M) to mid-market investment grade capital stack ($10M to $100M) on acquisitions, recapitalization, rate and term, and cash out refinances.
Email team@investmentgrade.com with a summary of your property and capital needs.