Distribution, Flex, and Manufacturing
Commercial property loans for distribution centers, flex industrial, manufacturing facilities, and cold storage. Underwritten on real asset value and NOI.
$1M–$30M
Loan range
Industrial
Asset class
Up to 75%
Max LTV
40 States
Nationwide
Overview
Industrial & Warehouse CRE Financing
Industrial real estate is one of the strongest commercial property sectors — driven by e-commerce growth, supply chain expansion, and reshoring of manufacturing. Lumen Mortgage provides financing for the full range of industrial property types from $1 million to $30 million.
We finance distribution centers, fulfillment warehouses, flex industrial space, manufacturing facilities, cold storage, and specialized industrial assets. Underwriting is based on the property's real asset value, NOI, and market fundamentals — not just the borrower's personal financials.
Whether you're an owner-user financing your manufacturing plant or an investor acquiring a multi-tenant flex industrial park, our team understands the unique aspects of industrial property valuation and income analysis.
Who This Is For
Key Features
What Makes This Program Work
Full Industrial Spectrum
Distribution, flex, manufacturing, cold storage, food processing, and specialized industrial — we understand the full range of industrial property types.
NOI-Based Underwriting
Qualification driven by property income, clear height, loading capacity, and market comparables — not just borrower financials.
Up to 75% LTV
Competitive loan-to-value ratios for stabilized industrial properties with strong occupancy and credit tenants.
Owner-User & Investment
Both owner-occupied manufacturing/warehouse facilities and pure investment industrial properties qualify.
Environmental Awareness
We understand Phase I/II environmental requirements common in industrial transactions and factor them into our underwriting timeline.
24-Hour Term Sheets
Submit your deal and receive a preliminary term sheet within 24–48 hours with rate, LTV, and key terms outlined.
Underwriting Tool
Commercial Loan Calculator
Model debt service, DSCR, cap rate, and debt yield on any commercial deal instantly.
Commercial Loan Calculator
CRE Debt Service & NOI Analyzer
Loan Details
Loan-to-Value
57.1%
Equity
$1,500,000
Interest-Only
This property's NOI provides strong debt service coverage. Expect favorable pricing, terms, and LTV flexibility.
Cap Rate
7.25%
Debt Yield
12.70%
Monthly Cash Flow
+$8,517
Annual
+$102,204
| Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | $22,355 | $129,342 | $1,977,645 |
| 2 | $23,852 | $127,845 | $1,953,794 |
| 3 | $25,449 | $126,247 | $1,928,345 |
| 4 | $27,153 | $124,543 | $1,901,191 |
| 5 | $28,972 | $122,724 | $1,872,220 |
| 6 | $30,912 | $120,784 | $1,841,307 |
| 7 | $32,982 | $118,714 | $1,808,325 |
| 8 | $35,191 | $116,505 | $1,773,134 |
| 9 | $37,548 | $114,148 | $1,735,585 |
| 10 | $40,063 | $111,633 | $1,695,523 |
| 11 | $42,746 | $108,950 | $1,652,777 |
| 12 | $45,609 | $106,088 | $1,607,168 |
| 13 | $48,663 | $103,033 | $1,558,505 |
| 14 | $51,922 | $99,774 | $1,506,582 |
| 15 | $55,400 | $96,297 | $1,451,183 |
| 16 | $59,110 | $92,587 | $1,392,073 |
| 17 | $63,069 | $88,628 | $1,329,005 |
| 18 | $67,292 | $84,404 | $1,261,712 |
| 19 | $71,799 | $79,897 | $1,189,913 |
| 20 | $76,608 | $75,089 | $1,113,306 |
| 21 | $81,738 | $69,958 | $1,031,568 |
| 22 | $87,212 | $64,484 | $944,355 |
| 23 | $93,053 | $58,643 | $851,302 |
| 24 | $99,285 | $52,411 | $752,017 |
| 25 | $105,934 | $45,762 | $646,083 |
| 26 | $113,029 | $38,668 | $533,054 |
| 27 | $120,599 | $31,098 | $412,456 |
| 28 | $128,675 | $23,021 | $283,781 |
| 29 | $137,293 | $14,403 | $146,488 |
| 30 | $146,488 | $5,209 | Paid off |
| Total | $2,000,000 | $2,550,890 | paid off |
For illustrative purposes only — not a loan commitment or term sheet. Commercial underwriting varies by property type, market, and borrower profile. Contact a Lumen Mortgage commercial specialist for a formal analysis. NMLS #1498678.
Requirements
Industrial & Warehouse Qualification Guidelines
Note: Guidelines vary by property type, market, and deal structure. Contact our commercial team to discuss your specific deal — we issue preliminary term sheets within 24–48 hours at no cost.
Ready to Move Forward?
Term sheets within 24–48 hours
Our commercial mortgage specialists will review your deal and issue a preliminary term sheet outlining rate, LTV, term, amortization, and key conditions — at no cost and no obligation.
Call 503-966-9255NMLS #1498678 · No cost, no obligation
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Your commercial property has probably appreciated more than you think — and a cash-out refinance lets you put that equity to work without selling the asset. Here's how smart investors use low-cost, already-owned equity to fund renovations, rehab value-add properties, and grow their CRE portfolios in 2026.
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When Fannie Mae and Freddie Mac say no, portfolio lenders step in. Here's how portfolio mortgages work, who they're built for, and why a loan held on the lender's own books can say yes to scenarios that the conventional market was never designed to handle.
Common Questions
Industrial & Warehouse FAQs
Answers to common questions about industrial & warehouse financing.
What Our Clients Say
Five-Star Reviews from Real Borrowers
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Ready to Finance Your Industrial & Warehouse Deal?
Our commercial mortgage specialists respond within 1 business day with a preliminary term sheet tailored to your property type, deal structure, and investment goals.
NMLS #1498678 · Nationwide Commercial Lending · No cost, no obligation