Property type
Industrial loans, matched to your deal
An industrial loan finances warehouse, distribution, manufacturing or flex property, underwritten mainly on the lease income the building produces and on how readily it could be re-let if a tenant left. Lenders look closely at the physical specification, because clear height, loading and power determine which tenants the building can serve, and a widely usable box is treated very differently from one fitted out for a single occupier.
- 5,000+loan programs screened
- 5–8matches on a typical deal
- $0 upfrontto submit and compare offers
- 0.50–1.00%broker fee, paid only at closing
Who is an industrial loan actually for?
Owners and buyers of warehouse, distribution, light manufacturing and flex space, whether the building is fully leased, partly vacant, or being acquired with a repositioning plan. It covers single-tenant boxes and multi-tenant parks, and the underwriting shifts noticeably between the two because the risk of one departure is very different in each.
What do industrial lenders disagree about?
How much comfort to take from a single tenant. A long lease to a strong covenant looks like durable income to one program and like concentration risk to another, particularly where the fit-out is specialised enough that re-letting would mean capital work. Programs also differ on how they treat shorter remaining lease terms, on vacancy in multi-tenant parks, and on buildings whose specification limits the tenant pool.
What should an industrial file include?
The rent roll with lease expiries, the building specification including clear height and loading arrangement, the site plan, and any environmental history the property carries. Environmental questions come up more often here than in most asset classes because of prior use, and a file that addresses them upfront moves faster than one where they surface during diligence.
How does getting matched actually work?
You describe the deal once — about five minutes — and it is screened against 5,000+ loan programs. Most deals return 5–8 matches, and the median first offer arrives in under an hour. There is $0 upfront; the fee is 0.50–1.00%, paid only at closing.
YieldStack is a commercial mortgage brokerage, not a lender. The rate, the leverage and the credit decision belong to the lenders competing for your deal; our job is making sure the right ones see it at the same time, so the terms you compare are real competition rather than one desk’s appetite.
What do lenders actually look at?
Every program weighs these in its own way — which is the argument for several quoting at once.
- Lease income, expiry profile and the strength of the tenant covenant
- Building specification, and how wide the pool of replacement tenants is
- Single-tenant concentration versus multi-tenant spread
- Environmental history and any prior industrial use
- Location relative to freight routes and labour
Frequently Asked Questions
Does a single-tenant industrial building finance differently?
Yes. Programs take opposing views: some price a long lease to a strong tenant as the safest income there is, others treat the total dependence on one occupier as concentration risk. That split is why comparing offers matters here.
How does clear height affect financing?
Indirectly but materially. It determines which tenants can use the building, so it shapes how confidently a lender believes the space could be re-let, which feeds into the terms rather than appearing as a rule.
Can I finance a vacant warehouse?
Usually through a bridge or value-add structure underwritten to a lease-up plan rather than to current income. The credibility of that plan becomes the main thing being assessed.
Is flex space treated as industrial or office?
It depends on the office proportion and how the space is used. Programs draw the line differently, and the classification can change which desk inside a lender looks at the file.
Do environmental reports hold up industrial deals?
They can, particularly where there is prior manufacturing use. Raising the history early rather than letting diligence find it is the practical difference between a delay and a non-event.
Can owner-occupied industrial property be financed?
Business-purpose owner-user commercial property is financed by a distinct set of programs from investor-leased industrial, and the underwriting leans on the operating business rather than on third-party rent.
Is YieldStack a lender?
No. YieldStack is a commercial mortgage brokerage, not a lender. Every term sheet comes from a lender in the network and is subject to that lender's underwriting.
Does it cost anything to see terms?
No. It costs $0 upfront to submit a deal and review offers; YieldStack's broker fee is 0.50–1.00% of the loan amount and is paid only at closing.
Is financing guaranteed?
No. Every credit decision is made by the lender; YieldStack arranges the introductions and negotiates on the borrower's side, and no loan, rate, or closing is guaranteed.
Next step
One deal.Several lenders.
YieldStack is a commercial mortgage brokerage, not a lender.