Office Building Commercial Refinance | RefiLoop

Office is the hardest commercial real estate asset class to refinance right now—and most brokers won’t tell you that upfront. Bank appetite for office has collapsed, CMBS delinquencies in office are making headlines, and lenders who were active two years ago have pulled back or exited entirely. If your office balloon is coming due, you need a broker who knows exactly which lenders are still funding office and what they require. That’s what RefiLoop does.

The Office Refinance Reality in 2026

Not all office is equal. Medical office buildings (MOBs) are extremely lender-friendly—strong demand, long leases, healthcare-anchored tenants. Suburban single-story office parks with multi-tenant occupancy are trickier but fundable. Urban high-rise and Class B/C urban office is the hardest—most lenders have simply stopped.

The key question lenders ask about any office building today: what does the lease rollover look like over the next 3–5 years? Buildings with long-term leases to creditworthy tenants can still get financed. Buildings with near-term lease expirations, remote work impacts, or stale rent rolls face real challenges.

Office Property Types and Lender Appetite

Medical Office Buildings (MOBs): Strongest lender appetite of any office subtype. CMBS, life company, and bank programs all available. Suburban Multi-Tenant Office: Fundable with 80%+ occupancy, creditworthy tenants, and manageable lease rollover. Debt funds and some bank programs available. Single-Tenant Net-Leased Office: Depends entirely on tenant credit and remaining lease term. Investment-grade tenants with 7+ years remaining get financed. Urban/CBD Office: Extremely limited lender pool. Bridge lenders for stabilized assets; workout/extension options for distressed.

Office Refinance Loan Types We Can Source

• Bridge loans: For office assets with leasing risk or near-term rollover
• Debt fund term loans: For stabilized office that doesn’t fit bank criteria
• CMBS conduit: Available for MOBs and stabilized suburban office $3M+
• Life company: Best execution for MOBs and high-quality single-tenant NNN office

Loan Parameters for Office Refinances

• Loan sizes: $200,000 to $15 million
• Strongest appetite: Medical office, suburban multi-tenant, single-tenant NNN
• LTV: 60–70% depending on office subtype and occupancy
• Markets: Selective—depends on submarket occupancy trends

Be Upfront About Your Office Situation

Office deals require honest underwriting. Tell us your building type, occupancy, lease rollover schedule, and maturity timeline—we’ll tell you quickly whether it’s fundable and which lenders are a realistic fit. No runaround. Book a direct call here.

Related Resources

• Commercial Mortgage Refinancing: Complete Guide
• Commercial Balloon Loans: Complete Guide
• My Bank Won’t Renew My Commercial Loan
• Commercial Balloon Payment Coming Due
• Commercial Mortgage Refinance Denied: Your Next Steps