In principle, the following financing prerequisites apply for commercial property financing:
Multiple-use commercial properties such as office buildings, retail sales and properties used for logistical purposes, hotels and multi-family housing
Long-term rental agreements with very creditworthy tenants; or if a plausible cash flow scenario is in place
Plausible exit scenario based on conservative assumptions
Interest and repayments must be readily serviceable based on the actual and sustainable rents less appropriate costs to operate the property
Amount of loan does not exceed approx. 80%-85% of the property’s collateral value (= approx. 70 % -75 % LTV)
Property appraisals inside Germany will conducted by a regionally present, certified appraiser employed by M-Wert GmbH – a fully-owned subsidiary of MünchenerHyp
Property appraisals of properties outside of Germany will be conducted by external, regionally present appraisers. Subsequent to this appraisal, M-Wert will prepare a plausibility examination of the findings
